Rise in prices, threat to nation’s food security — Presidency


FG ‘ll continue to promote investments in agriculture—Buhari
…Says Nigeria averts food crisis despite COVID-19
By Emma Amaize, Clifford Ndujihe, Victor Young & Johnbosco Agbakwuru
The Presidency, yesterday, in Abuja raised alarm that the recent upsurge in food prices is gravitating to a crisis that could threaten Nigeria’s food security.

It also said that though many factors were responsible for increasing food prices, information from stakeholders within the agricultural sector showed there was a decline in recent days.

However, President Muhammadu Buhari assured that the Federal Government will continue to promote policies favourable to investments in agriculture.

Chief of Staff to the President, Professor Ibrahim Gambari, who raised the alarm on the hike in food prices in his remarks at the National Food Security Council meeting at the Council Chamber, Presidential Villa, said his office on Wednesday met with agricultural commodity association to ascertain the root causes of the recent spike in food prices.

He also said the meeting was to adopt a strategy that could bring solution to the potential crisis.

The alarm raised by the President’s Chief of Staff drew reactions from such stakeholders as the Pan-Yoruba socio-political organisation, Afenifere, Ohanaeze Ndigbo, Nigeria Labour Congress, NLC, the Pan-Niger Delta Forum, PANDEF, who blamed the situation on unfavourable government policies.


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