President Muhammadu Buhari has opined that his administration is doing everything in its power to ensure that they bring down the prices of food items across the country.
Due to the Pandemic, flooding and economic challenges , which has led to a recent spike in the prices of food items in the country.
The President through a tweet posted on his timeline, assured Nigerians that this period of increase in food prices will be a transient one.
”To ease the current high cost of poultry production, I have approved the release of 30,000 tons of maize from the national reserves, to animal feed producers.
He added that they are putting into the consideration the challenge of high food prices, at a time when the economy is already in a slowdown caused by the global coronavirus situation.
He promised that everything would be fine soon and power to bring down the prices of food items across the country.
Let me assure Nigerians that this situation of spiraling food prices will be a transient one.
We are also engaging with food producers associations and groups to tackle the issue of exploitative behaviour by middlemen and other actors, which is one of the factors responsible for the high food prices being experienced.”
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