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FLASH: Buhari Begs Food Sellers To Stop Extortive Behavior, Promises measures To Lower Food Price

President Buhari has at the noon hours of Thursday, 3rd of September expressed dissatisfaction over ridiculous increase of food items lately and has promised to put in place measures to curbing the incessant hike of food price by sellers.

Buhari through his twitter handle, begs middlen and food vendors all over the country to stop hiking the price of food items in this present situation where there is economy melt down as a result of corona virus, rampaging the globe.

Attributing the high cost of food items to corrupt middle men and other food vendors, who supply agricultural produce to sellers, the President however pleaded with all the people involved in food supply to stop the ridiculous increase of food items as it’s seems absurd in this current situation where there is slow-down of the country’s economy.

He further assured Nigerians that the situation is disheartening as his administration has engaged food producers association and groups to tackle the issue of exploitative behavior of middlemen and other actors who are the basic factors contributing to hike in prices and scarcity of food.

Meanwhile, the president in his tweet revealed that he has approved the release of 30,000 tons of maize from the national reserve to animal feed producers in order to reduce the high cost of poultry production.

This is coming immediately after there is an imcrease in petrol price from N145 per litre to N150 per litre. It would be worthy of note that, other filling station within the nation has immediately adjusted their pump price to N160, N158 and 155 while few are still selling at the official price increase as gathered be GGB reporters.

While gathering reactions, some Nigerians are of the opinion that the statement from the President is coming too late as the increase in Pump price can automatically lead to increase in price of food items if not checkmated, others are lauding Muhammadu Buhari for the efforts to curbing food price.

By Chinenye Gertrude

GGB reports

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