Mr Ladan said that low and irregular rainfall led to poor harvests, affecting most farmers.
The equipment distributed included 49 tricycles, 84 power tillers, 80 solar-powered water pumps, 200 knapsack sprayers and fertiliser applicators.
Traders and consumers described how changing prices have affected sales, household spending, and the quantities of produce they can afford.
The ASN president called for an agricultural system that would make Nigerian farmers more productive, prosperous and resilient.
Mr Muhammed clarified that the financing had not yet been assessed and that stakeholders were still developing the framework.
Mr Nabegu identified the approaching harmattan season as another challenge.
Mr Oluwatosin identified phosphorus as the bottleneck no one talked about in food security.
Some poultry farmers in Bauchi, Gombe and Jigawa have expressed concern over rising feed costs and poor markets, which have negatively impacted production capacity.
Nigeria has warned that increasing food production alone cannot eliminate hunger if millions of households remain unable to afford nutritious meals.
At least 70 per cent of the financing will target cocoa and dairy value chains.
