MetroNews

‘We have started already’ – FG moves to bring down food prices in 2024 as one bag of rice hit N95k

FG determined to tackle food inflation

The federal government has commenced a massive production of food crops in its bid to bring down the prices of food items across the country.

This was disclosed by the Minister of Agriculture and Food Security, Abubakar Kyari, on Friday, January 5, 2023, in Jigawa state.

According to Kyari, food is one of the major concerns of the administration of President Bola Tinubu.

His words: “We have programmes to ensure massive production of food so that food will be available for the country in line with Mr President’s agenda on food security.

“We also intend to massively produce so as to bring down food inflation.

“This is because today, the number one driver of inflation in the economy is food inflation. So we want to assiduously work hard to produce massively.

“Mr President has given us the support that we need and we are going to wrap it up, starting with rice production.”

Punch reports that the minister also provided a timeline for the initiative and commented on when Nigerians will begin to see a drop in food prices.

“We have started the programme already. Within the next three weeks, everything should be in place.”

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button