Oba Abdulrasheed Akanbi, Oluwo of Iwoland has offered a solution for the food crisis ravaging the nation. The monarch has suggested to President Bola Tinubu by opening the borders to cushion the effect of the food crisis ravaging the country. Oluwo urged President Tinubu to prioritise the importation of grains and building materials to create a competitive market and control the enduring inflation.Oluwo said this in press release issued by Alli Ibraheem, chief press secretary to the monarch. He suggested a 6-month opening of the borders to checkmate the saboteur tendency of local producers frustrating the economy, saying that the Niger Republic border should be left an out.
The monarch did not explain the reason for the exception. He said, “President Ahmed Tinubu should permit the importation of all food items except GMO products. Ban must especially be lifted on the importation of rice and all types of grains.” Incidentally, many people argue that when government allow foreign goods to come into the country freely, such liberalization creates a crisis for indigenous producers of the affected goods. At the end of the day, as the argument goes, the foreign goods will kill the local ones, and also have devastating effect on the economy. So, why would the monarch put his weight behind something that will be injurious to the economy? He apparently does not agree with that argument. Rather, he believes that the step he advocates was needed to whip local producers into line. Hear Oluwo: “The local producers or manufacturers of goods are major saboteurs of the economy.
They should be checked by encouraging competition. Local items should not be exported. To add to the local products, grains and building materials should be allowed to be imported. Such will create competition and control the high price of goods.”it appears that the monarch smelled a rat, even in the challenges being experienced by the present administration struggling to address the problem of the economy. He said, “I’m smelling saboteur. Most local producers are frustrating the government’s economic efforts. Necessary steps to shame the saboteurs must be considered and timely enforced.” Oluwo added that “Most Nigerians have lots of money outside the country but are unwilling to bring it home but I’m sure they will be willing to bring it in if these options are considered.