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Why Food Prices Have Skyrocketed Under Me – Buhari

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Buhari New Year

President Muhammadu Buhari says his administration his working assiduously to tackle the issue of food inflation in the country.

Buhari said all the efforts of his government to ensure food security in the country have been upended by ravaging flood in the country, a situation he said has also impeded agricultural activities.

In statement by his Spokesman, Garba Shehu, on Monday in Abuja to mark the celebration of  Eid-el-Kabir, Buhari reaffirm the commitment of his government to a united and prosperous Nigeria.

Eid-el-Kabir is a Muslim festival being celebrated across the world. July 20 and 21 have been declared as holiday to celebrate the event in Nigeria.

He bemoaned the impact of COVID-19 pandemic on economies of countries around the world. He assured  Nigerians that his administration had taken measures to address the nation’s security challenges.

He said “COVID-19 pandemic had taken a heavy toll on the economies of all countries, including Nigeria” while bemoaning the challenges of Nigerians.

He added that floods had caused large-scale destruction to agricultural farmlands, thereby “impacting negatively on our efforts to boost local production in line with our policy to drastically reduce food importation.

“No government in our recent history has invested as heavily as we are doing to promote local production of about 20 other commodities, through the provision of loans and several other forms of support to our farmers.”

Buhari however noted that apart from the destruction caused to rice farms by floods, middlemen had also taken advantage of the local rice production to exploit fellow Nigerians.

According to him, this has further undermined the government’s efforts of supporting local food production at affordable prices.

Buhari Reveals How He Will Get 100m Nigerians Out Of Poverty Cycle

“As an elected president who enjoys the goodwill of the ordinary people that gave us their mandate, let me assure you that we are continuing with measures to bring relief to Nigerians, including making fertiliser available at affordable prices to our farmers,” he added.

The president also noted that the current insecurity in the country “has produced severe and adverse effects on agriculture because farmers are prevented from accessing their farms by bandits and terrorists”.

“We have started taking delivery of fighter aircraft and other necessary military equipment and hardware to improve the capacity of our security forces to confront terrorism and banditry,” he said.

On the significance of the Eid-el-Fitr celebration, the president appealed to Muslims to demonstrate the good virtues of Islam through personal examples and practices.

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