Osun State chapter of the All Farmers Association of Nigeria (AFAN), are reportedly expressing their dissatisfaction concerning the unavailability of money in circulation, attributing it as one of the main factors hampering the purchasing power of residents to buy farm produce.
Osun Vice President of AFAN, Moses Oladipupo, disclosed this during an interview on Wednesday in Osogbo that scarcity of cash was having a negative impact on farmers in the state as they were being forced to sell their produce at below cost or ridiculous prices in the market, without making expected profit.
“We have yams, coco yam, potatoes, cassava and cassava produce readily available now, because we are in the harvest season.”
“The problem farmers are however facing is that cash (money) is scarce and they are not getting money for their produce.”
“When farmers take their produce to the market, and the people who want to buy these items don’t have cash, the farmers don’t have choice than to sell their produce with what ever is offered them.”
“A lot of farmers are selling their produce at a loss because they don’t have storage for most of their farm produce and they can’t afford to let them perish,” he said.
However, the farmers in the state are expecting the Federal Government to make quick efforts towards stabilizing the economy, which will be a source of encouragement to ginger them up in their farming activities.