The federal government has concluded plans to crash the prices of rice and other foodstuffs within the next two weeks.
Audu Ogbeh, Minister of agriculture and rural development, who is the chairman of presidential task force on soaring prices of foodstuffs disclosed this in an interview with LEADERSHIP.
He said the government was already holding wide range consultative meetings with farmers.
In its recent annual report, the (NBS) had indicated that the nation is still being weighed down by soaring prices of food stuffs in the face of rising inflation.
Though, before the NBS report, the federal government had in February set up a task force on food security, with the sole aim of looking at the causes of increase in the prices of food items across the country and addressing them accordingly.
The Minister of Information, Alhaji Lai Mohammed, who briefed journalists on the constitution of the committee said government was concerned about rising costs of food items in the country and was poised to bring it down.
Mohammed said the committee, which is inter-ministerial in nature, was expected to report back to the council next week.
“Government is quite concerned about the rising cost of food items and the fact that more often than not even when these products are available, when they reach the market, they are sold at very exorbitant prices”, he minister had said.
Almost sixteen weeks after the committee was set up, Nigerians still lament over the alarming rate at which prices of foodstuffs keeps increasing by the day.
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