August 5, 2026
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28:58Now PlayingAfrica's agricultural import bill has risen to US$122.9 billion, highlighting the urgent need to strengthen domestic food production and market systems.
In response, the Bank of Agriculture is implementing a nationwide Guaranteed Minimum Price (GMP) Aggregation Programme that will support over 500,000 smallholder farmers across 36 states and the FCT, aggregate more than one million metric tonnes of staple crops, and guarantee government-approved minimum prices for maize, rice, cassava and sorghum
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