President Bola Tinubu, yesterday, reaffirmed his stance against establishing a price control board or allowing the importation of food items into Nigeria, addressing concerns during a meeting with state governors and key officials at the State House in Abuja.
As protests erupt nationwide over soaring living costs and food inflation, calls for importing essential goods like rice and flour have surfaced.
However, President Tinubu emphasized his administration’s commitment to homegrown solutions for tackling food security challenges.
“We will not resort to setting up a price control board or approving food imports,” stated the President, highlighting the risk of fostering corruption and mismanagement through importation. Instead, he outlined plans to bolster domestic agricultural production to meet the nation’s needs.
“We must empower our farmers and enhance agricultural schemes to boost food production domestically,” Tinubu asserted, underscoring the importance of swift yet strategic implementation of livestock development initiatives, including dairy farming.”
Tinubu’s remarks come in the wake of a court order demanding the government to regulate prices of goods and petroleum products within a week, underscoring the urgency of addressing inflationary pressures through holistic, locally-driven strategies.
