LAGOS GOVERNMENT OPENS CHEAP FOOD MARKETS

To support citizens’ purchasing power, the Lagos State government will on Sunday commence discounted sales of food items such as rice, beans, gari, bread, eggs, tomatoes, and pepper, among others. This will be done across the five divisions of the state, and beneficiaries will enjoy a rebate of 25 percent on every purchase. The state…

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FOOD INFLATION HITS HIGHEST SURGE OF 37.92% 

Data by the National Bureau of Statistics NBS, on Friday, revealed that food inflation in Nigeria spiked to an all-time high of 37.92 percent in February. The food inflation rate on a year-on-year basis surged by 13.75 percent against the 24.35 percent recorded in February 2023. NBS said the surge in food inflation on a…

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DISTRIBUTION OF GRAINS TAKES OFF IN NORTHWEST STATES

Senator Abubakar Kyari, Minister of Agriculture and Food Security, on Wednesday said that the Federal Government has commenced the distribution of the 42,000 metric tonnes of grains in the seven focal points of State capitals of the Northwestern States. Kyari revealed this while briefing State House correspondents at the end of the Federal Executive Council,…

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IMF TASKS FG ON HIGH COST OF FOOD, DRUGS 

. LAUDS NIGERIAN MONETARY POLICY The International Monetary Fund, IMF through its Director of Communications, Julie Kazak has advised the federal government on the importance of reducing the high prices of food, drugs and transportation. The world body said this could be done through the implementation of social protection measures. This is contained on its…

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FG PLANS TO IMPROVE PARTNERSHIP WITH RELEVANT BODIES TO BOOST FOOD PRODUCTION

The federal government is planning to bring together a diverse community of organisational partners and strategic stakeholders in the ongoing efforts to transform agriculture and agro-allied systems in Nigeria. These will involve representatives of the public, private and social sectors. This is to enhance the commitment for innovation and new technologies to enable factors for…

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HARDSHIP: KANO GOVERNOR APPEALS TO TINUBU TO ALLOW FOOD IMPORTATION

The Kano State Governor, Abba Yusuf on Monday urged President Bola Ahmed Tinubu to consider reopening the country’s borders for importation of foodstuffs as an immediate measure to alleviate food scarcity, especially during Ramadan. Yusuf’s appeal was made through the Controller-General of the Nigerian Customs Service, Bashir Adeniyi who visited the governor over the initiative…

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