Business News Society

Nigeria Acting President Yemi Osinbajo Sets Up Task Force To Control Food Prices. Read More…

Acting President Yemi Osinbajo has set up a Task Force to beat down food prices across the nation at the Federal Executive Council (FEC) meeting on Wednesday.

Moved by the need to enhance affordability of food prices across country, the Buhari administration has constituted a Presidential Task Force to urgently consider measures that would ensure a steady flow of produce to the market and reverse recent price increases.

Giving the directive today at the FEC meeting, the Acting President expressed concern at some of the inflationary rates of food prices, noting that the Task Force will explore options to promote availability and affordability of food items to Nigerians.

According to him, the Task Force, which has seven days from today to report back to the Council will consider how to remove some of the cost-raising factors that come into play between the farms and the markets and therefore “bring relief to our people.”

READ MORE:  Ladi Adebutu Finally Speaks In Details On PDP Crisis And Forces Behind Convention. Must Read

While there have been reports of bumper harvests in parts of the country, the prices of food stuff still end up rather high, while some of the produce even end up wasted due to a number of reasons preventing effective transportation delivery to the markets.

One of the focus areas of the Task Force, the Ag. President noted, would be to review the transportation and preservation processes, and see how government can intervene in those aspects to bring down food prices.

The Task Force, which would be meeting with the Ag. President in the discharge of its urgent assignment, will therefore draw out a practical plan and present same to the Council next week.
Below are Members of the Task Force:
Minister of Agriculture & Rural Development, Chief Audu Ogbeh

Minister of Finance, Mrs Kemi Adeosun

Minister of Industry, Trade & Development, Dr. Okey Enelamah

Minister of Transportation, Honorable Rotimi Amaechi

Minister for Water Resources, Engr. Suleiman Adamu

READ MORE:  Fulfilling Promises : Ambode Completes Iyana Oworo Segregated Parks To Ease Traffic, Berger Pedestrian To Finish Soon. View Pictures.

Minister of Labour & Employment, Dr. Chris Ngige
The Offices of the Chief of Staff to the President and the Senior Special Assistant to the President on Sustainable Development Goals, SDGs, would also be on the Task Force.

There is no ads to display, Please add some

You Might Also Like