Sun. Nov 29th, 2020

Gurus Information

We Have It All

FG, Governors blame End SARS Protests, Covid 19 for hike in food prices

FG, Governors blame End SARS protests, Covid 19 for hike in food prices.

The Federal Government and Governors of the 36 states have resolved to put measures in place to address the increase in prices food being witnessed a cross the country.

The resolution was reached at the National Economic Council, NEC meeting, virtually presided over by  Vice president, Yemi Osinbajo on Thursday.

Sharing details of the meeting, Osinbajo’s media aide, Laolu Akande, said the resolution was made after a presentation by the Senior Special Assistant to the President on Agriculture, Dr Andrew Kwasari.

Akande said based on deduction from the presentation, the council noted that food prices involving commodities in lagos and a few randomly selected states, have changed between September and November 2020.

He said the council also identified

“Causes of the hike in food prices to include delay in going out to farm, which translates to delay in harvesting courtesy of Covid 19 Pandemic; ENDSARS protest stalled Food Transportation and delivery and in some instances destroyed food stores; banditry in the Northwest effectively preventing farmers from harvesting fields cultivated;. Farmers/herders  conflict destroyed farm produce in some states and increased cost of Transportation “.

On resolution, the spokeman said,

“States and FG were urged to adopt urgent measures including social protection schemes to deal with the situation.

” The FG will also pursue the implementation of it’s ESP – Agric plan and others to positively improve the situation in the sector.”

Members of the council which is chaired by the Vice President, includes all state governors, relevant ministers.

FG, Governors blame End SARS Protests, Covid 19 for hike in food prices.

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •