President Tinubu Orders FEC to Slash Food Prices Across Nigeria

President Bola Tinubu has instructed the Federal Executive Council (FEC) to take immediate measures to curb rising food prices across Nigeria. According to Senator Aliyu Sabi Abdullahi, the Minister of State for Agriculture and Food Security, the directive prioritizes reducing transport costs for farm produce to make food more affordable nationwide.

The move targets the logistics challenges that have contributed to soaring prices. Abdullahi stated, “The President has tasked the FEC committee with ensuring safe and efficient movement of agricultural products across all major transport routes in Nigeria.”

Addressing Food Insecurity

• Nigeria continues to face food insecurity due to fuel subsidy removal, high transport costs, and highway insecurity.
• The government aims to guarantee not only food availability but also accessibility, affordability, and nutritional quality.
• This directive aligns with Tinubu’s long-term vision for national food sovereignty.

New Government Schemes

• The Farmer Soil Health Scheme is set to improve soil fertility and agricultural productivity.
• Revamped cooperative reform initiatives will empower rural farmers and mobilize resources for economic growth.
• These initiatives seek to enhance farmer livelihoods and strengthen domestic food production.

Commitment to Food Sovereignty

• During his Democracy Day address, President Tinubu reaffirmed the importance of domestic food production.
• The administration targets sustainable growth and aims for a medium-term economic growth rate of 7% with a stronger manufacturing base.
• Government interventions are focused on creating a resilient, self-sufficient agricultural sector.

These measures reflect a holistic approach to tackling food insecurity in Nigeria, ensuring that policies translate into tangible benefits for citizens while fostering economic stability.