FOOD SECURITY: FG WORKING TO ADDRESS HIGH PRICES – AGRIC MINISTER ASSURES
Although the Federal Government acknowledged that there is food insecurity in the nation, it gave Nigerians hope that the issue is being handled and that commodity prices would soon decline.
According to figures from the National Bureau of Statistics (NBS), food inflation has risen to above 40% in recent months, making the cost of basic necessities unaffordable for millions of Nigerians.
However, Aliyu Abdullahi, the Minister of State for Agriculture, stated that the Federal Government’s many programs will result in lower commodity prices.
“You will see a lot of programmes trying to dampen [reduce prices] the situation,” he said on Monday’s edition of Channels Television’s Sunrise Daily.
“Agriculture has a time frame. Now, a lot of production is ongoing. We are in the rainy season and if you look at the fields, there is a lot of cropping going on. Those croppings are not food,” Abdullahi said.
“They will only translate to food after three months. So, until then, this story you are talking about will continue.”
More Stories
ONDO GUBER POLL: INEC BEGIND DISTRIBUTION OF SENSITIVE MATERIALS
Ahead of Saturday's governorship election, the Independent National Electoral Commission (INEC) has started distributing sensitive materials to Ondo State's local...
BREAKING: FG PROPOSES N47.9TRN AS 2025 BUDGET
The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget. The minister of finance and...
UPDATE: UEFA APPOINTS ETHICS, DISCIPLINARY INSPECTOR TO INVESTIGATE PREMIER LEAGUE REFEREE COOTE
Following the release of a video purporting to show Premier League referee David Coote sniffing white powder during Euro 2024,...
HEALTH: OYO GOVT CONFIRMS FOUR DEATHS LINKED TO SUSPECTED LASSA FEVER OUTBREAK
Due to a possible Lassa fever outbreak, the Oyo State Ministry of Health has shuttered two hospitals in the Saki...
CASE OF FALANA, FALZ AGAINST VDM FAILS TO PROCEED AS COURT ADJOURNS TILL JAN 23RD
By Aishat Momoh. O. and Sefiu Ajape An Ikeja High Court has adjourned the hearing of a defamation suit filed...
JUST IN: REMAINS OF LATE COAS LAGBAJA ARRIVE ABUJA FOR FUNERAL
Lieutenant General Taoreed Lagbaja, the late Chief of Army Staff, will be buried on Friday in Abuja once his body...