The government has revealed its intentions to establish a Commodity Board with the purpose of effectively overseeing the continuously rising costs of food within our country.
During a two-day significant meeting on climate change, food systems, and resource mobilisation, held at the Banquet Hall of the Presidential Villa in Abuja, it was revealed by Vice President Kashim Shettima, on Tuesday.
As stated by Shettima, the responsibilities of the board include evaluating and controlling the cost of food, as well as managing a strategic reserve of essential grains and other vital food items to maintain stable prices.
“Our solution to the potential food crisis has become immediate, medium, and long-term strategies. The short-term strategy entails revitalizing the food supply through specific interventions like the distribution of fertilizers and grains to farmers and households to counteract the effects of subsidy removal; fostering collaboration between the Ministry of Agriculture and the Ministry of Water Resources for efficient farmland irrigation, ensuring year-round food production, and addressing price volatility by establishing a National Commodity Board.
“This board will continually assess and regulate food prices, maintaining a strategic food reserve for stabilizing prices of crucial grains and other food items,” Shettima said.
Where is all the monies stolen recovered,are the culprits punished and the hurry to appoint anther designed looter