President Bola Ahmed Tinubu will create and support a National Commodity Board that will review and continuously assess food prices as well as maintain a strategic food reserve that will be used as a price stabilisation mechanism for critical grains and other food items. Tinubu’s Special Adviser on Special Duties, Communications and Strategy, Mr. Dele […]
Tag: Food price
BREAKING: Tinubu Declares State Of Emergency On Food Security
President Bola Tinubu, on Thursday, declared a state of emergency on food security. Tinubu also approved that all matters pertaining to food and water availability and affordability, as essential livelihood items, be included within the purview of the National Security Council. Special Adviser to the President on Special Duties, Communications and Strategy, Dele Alake, disclosed […]
Food Has Become Luxury Under Tinubu – Atiku’s Aide
Phrank Shaibu, an aide to the 2023 Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, says more Nigerians have become poorer since President Bola Tinubbu took over office forty days ago. The Atiku spokesperson blamed the situation of “an unplanned” petrol subsidy removal by President Tinubu. According to Shaibu, food has become a luxury for […]
JUST IN: Nigeria’s Inflation Hits 22.41% As Food Prices Rise
Nigeria’s annual inflation rate rose to 22.41 per cent in May from 22.22 per cent in the previous month, the National Bureau of Statistics (NBS) said Thursday. The statistics office said the May 2023 inflation rate showed an increase of 0.19 per cent points when compared to April 2023 headline inflation rate. The NBS said […]