JUST IN! Fuel Price Hike: Buhari comes up with Plans-B for Nigerians
Thompson Nsisongabasi
Sep 04, 2020
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.
READ ALSO: Alleged N85.9m fraud: Judge hands off Celestial Church leaders' case
Due to the Pandemic, flooding and economic challenges , which has led to a recent spike in the prices of food items in the country.
READ ALSO: Disregard ultimatum, threat to vacate Yoruba land - Akeredolu tells Igbos, others
The President through a tweet posted on his timeline, assured Nigerians that this period of increase in food prices will be a transient one.
READ ALSO: ABIA: Ikwuano/Umuahia Is Interested In 2023 Guber Race- Stakeholders Declare |PHOTOS & VIDEO
ÔÇØTo 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.
READ ALSO: 12 Prominent Nigerians Who Died In June 2020 | READ DETAILS
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.
READ ALSO: COVID-19 Vaccination Low Turnout Hits FCT, Taraba, Abia, Seven Others
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.ÔÇØ
Related Stories
REVEALED: How All Progressives Congress (APC) Played Into The Opposition Hands Ahead Of 2027 - Sumner Sambo Warns
I Will Not Allow Criminality As President, Peter Obi Declares
Why El-Rufai Was Returned To ICPC Custody?
Sowore's Miscalculation and the Need to beat a Wise Retreat
Tinubu Breaks Silence on Hardship, Inflation, Power Crisis - Vows Nigeria Will Overcome Economic Storm
"Terrorists Have Outgunned Our TroopsÔÇØ - Ndume Raises Alarm Over Boko Haram War, Sends Urgent Message To Tinubu
""
— Thompson Nsisongabasi