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Agriculture Minister Explains Reasons Behind Nigeria’s Food Inflation

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Agriculture Minister Explains Reasons Behind Nigeria's Food Inflation

According to Senator Abubakar Kyari, the Minister of Agriculture and Food Security, Nigeria’s current food inflation is attributed to market forces of demand and supply, rather than a scarcity of available food....CONTINUE READING>>>

But he said the 42,000 metric tons of grains recently approved for distribution to vulnerable Nigerians would be provided free of charge.

Kyari said  this on Wednesday at the maiden Ministerial Press Briefing Series (MPBS) organised by the Federal Ministry of Information and National Orientation.

He said measures were in place to ensure  that only needy individuals and communities could get the food palliatives.

“Food is now viewed as a trading commodity, not as a necessity for food security of the nation. And I think because of this situation and the challenge that we face, we have to come out I make absolute statement that no double taxation should be applied to food in transit,” he said.

Kyari said that the recently inaugurated  commodity board would work to resolve  current food challenges in the country. He said the commodity board would regulate how foreigners access the farmgate and buy directly from local farmers as it is necessary for  the country to first achieve self-sufficiency in food production before exporting to other countries.

He said the  setting up of the commodity board arose from the challenges faced in  the country  as anybody can go to farmgate today and buy items.

He said: “Even if it’s somebody from India or any other country, they can go to the farm gate and buy. And these are the issues that we’re facing today in food security.

“But the board will take charge of what is needed in terms of securing the supply of food for our teaming population before others take that which is for export.

“What we believe is that we must secure the country first with food for the population before any surplus. You must have a surplus before it goes outside. If you don’t feed yourself, you cannot export.”

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