Tinubu Govt Takes New Move To Crash Food Prices

In response to the cry of Nigerians over the outrageous hike in prices of foodstuff, the Federal Government has announced that food items would be released from the National Food Reserves in order to crash food prices.

This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, after the meeting of the Special Presidential Committee in Emergency Food Intervention which was at the instance of President Bola Tinubu.

The Minister pointed out that major millers and commodity traders would be engaged by the government in order to make the food items readily available.

“We just rounded off a meeting. It is a special presidential committee to address the issue of food shortage or lack of enough food on the table of most Nigerians.

“What I will tell Nigerians is that the President has directed that government needs to step in to stem this tide. Government will not fold its arms and see the way Nigerians are suffering in terms of the availability of these food items.

“Now, some of these will involve unlocking the foods that are available in most of the storage facilities (National Food Reserve) around the country. You know that the Federal   Ministry of Agriculture has some food reserves. They are going to be made available to Nigerians.

According to Idris, the government is also talking to major millers and major commodity traders, to also see what is available in their stores.

” To open it up, so the government will provide some intervention, discuss with them and provide some intervention to make this food available to Nigerians.

“What the government is noticing is that there is still food in this country. Some people are taking advantage of the situation, especially because of the high cost and the depreciation in the value of our currency that has led to the cost of these food items also going up.”

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