Skip to main content

Nigerian Government Adopts Measures To Reduce Food Prices


The Federal Government of Nigeria says it has adopted some measures to reduce the price of food items.
This was revealed by the Minister of Agriculture, Audu Ogbeh, on Wednesday while addressing State House correspondents at the end of the meeting ofthe Federal Executive Council, FEC.The Council had last week set up a task force to advise the government on how bestto address the rising cost of food items across the country.

Mr. Ogbeh said the task force submitted an interim report to the council on Wednesday.He said the committee had identified that the hike in cost is “not due to shortage but high cost of transportation”.He said food items are generally moved across Nigeria with heavy trucks and the price of diesel which has gone up has therefore, led to increase in prices.

He said the government had therefore, decided to “start using railway wagons to transport food items.
”The minister said the use of wagons to transport cattle from the north to Lagos hasalready greatly helped in reducing cost and will be replicated in food distribution.“We will also work with state governments to reduce delays experienced by trucks along the roads through all sort of taxes by local governments,” he said.

Mr. Ogbeh also said the government has decided to adopt the “Ivory Coast model” in which trucks distributing food items are given special labels.

http://www.premiumtimesng.com/news/headlines/222949-breaking-nigerian-government-adopts-measures-reduce-food-prices.html

Comments

Post a Comment

Popular posts from this blog

IBB set to return to public domain

TWENTY-FOUR  years after he stepped aside on August 27, 1993, following the crisis that trailed the cancellation of the controversial June 12, presidential election, self-styled military president of Nigeria,  Gen. Ibrahim Badamasi Babangida is about to return to the public domain again. Award-winning  film maker, Obi Emelonye  earlier in the week announced plans to commence production of  “Badamasi”, a biographical film on the former military leader. Pre-production of the film is scheduled to begin next month and will run till June, 2017. Intimating the press earlier about the project, Emelonye, who flew into the country from London, said, “Badamasi” is a story of love, war, politics, violence, diplomacy, coups, corruption and governance laced with heavy dose of Machiavellian intrigue. He said, his decision to embark on this project was informed by the need to profile a Nigerian leader in a historical, but biographical film, a treatment that has been me...
Post a Comment
Read more

Countries with the easiest Visa procedures for International Students

Over time, studying abroad has actually become more accessible to students in a number of countries. You only need to do your research well enough to reveal these countries with good tertiary institutions and relatively easy visa procedures for international students, and take advantage of their offers.  Jumia Travel, the leading online travel agency, shares 4 countries with the easiest visa procedures for international students.  Canada  Canada is considered as one of the top study destinations in the world because of its great universities, reasonable cost of living and beautiful environment and landscape. The country has quite an easy procedure for students to apply for study visas. The process basically requires the student to first apply for and gain entry into a Canadian university and then obtain a Canadian study permit, which is renewable for the length of the students study period. The best part of a Canadian study visa is that, not only can an individual stu...
Post a Comment
Read more

CBN recovers over N51.9bn illegally deducted by commercial banks and returns it to the customers.

The Central bank Nigeria has recovered the said amount of money which were illegally deducted from the customer’s account by most Nigeria Commercial banks in all part of the country. These ill acts by the other banks were bitterly condemned by the chief bank (CBN) because it depicts the country’s banking standard and harm the poor masses. The CBN Acting Director, corporate communications, Mr. Isaac Okorafor, made these open without fear or favor in Port Harcourt during an ongoing interactive section with many stakeholders, south-south zone, and other Union leaders. Mr. Okorafor gave details on how the aforementioned money was discovered and refunded to the poor customers after massive complaints by the customers on illegal funds deduction s from their various accounts by our Nigerian banks. He revealed that the Apex bank is out for the commercial banks if other further news are received from customers. He further stated the actual amount which was illegally deducted by the commerc...
Post a Comment
Read more