Connect with us

Business & Economy

FG Gives Reasons For High Cost Of Food In Nigeria

Published

on

FG has given reasons for the high cost of food items in the country.

EKO HOT BLOG reports that the Federal Government has blamed the high cost of food in Nigeria on rising inflation and smuggling.

The Minister of Agriculture, Mohammad Abubakar, said this while speaking in Abuja at the Fifth edition of the President Muhammadu Buhari (PMB) Administration scorecard, 2015-2023.

EDITOR’S PICKS

He said the challenge is not limited to Nigeria as the COVID-19 pandemic shattered economies.

“The fact that some categorises of food are imported by Nigeria is not an indication that we have food shortages.

“The high cost of food that we experience in the country is a result of rising inflation, which is not peculiar to Nigeria but due to the COVID-19 pandemic that forced many sectors of economic production to be shut down for many months,” he said.

The Minister added that efforts were being made to checkmate smuggling.

Many Nigerians have expressed concern over the current high prices of foodstuff and cooking gas, urging the government to intensify measures to address the situation.

FURTHER READING

The citizens said the situation was making life unbearable for them.

Click to watch our video of the week:




Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611




 

 


DISCLAIMER: Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers Of  EKO HOT BLOG

For publication of your News Contents, articles, Videos or any other News Worthy Materials, please send to [email protected]

For Advert and other info, you can call 08035617233 or send a WhatsApp Message to 08035617233.

Please drop your comments

Copyright © Ekohotblog

MGID