Prices Of Rice, Other Foodstuffs To Fall In 2 Weeks – Minister
Audu Ogbeh, Minister of Agriculture and Rural Development[/caption]
Minister of Agriculture and Rural Development, Audu Ogbeh has assured Nigerians that prices of rice and other foodstuffs will crash within the next two weeks.
Ogbeh, who doubles as the chairman of presidential task force on soaring prices of foodstuffs, disclosed this in an interview with newsmen on Thursday.
He said “The federal government will intervene on the prices of rice and other commodities in the next two weeks; details of the intervention would be spelt out for all Nigerians,” he assured.
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“We are talking to farmers to ensure that the prices are drastically reduced. Government has also put in place different measures aimed at making farming encouraging.
“Although the high price is bad for non-farmers, it is good for the country because more and more people will rush to agriculture. At the end of it all, production will increase and prices will necessarily fall,” he said
The continuous rise in food prices have become a major problem for consumers across the country, with the latest inflation figures showing food prices increasingly becoming unaffordable for Nigerians
