I’m very concerned about high prices of foodstuffs: Buhari

President Muhammadu Buhari has said that his regime is very concerned about the rising cost of foodstuff in the country.
Expressing concerns while appearing before the Senate on Friday, Mr Buhari said his regime was implementing various measures towards addressing structural factors responsible for the food crisis.
“Government is very concerned about the high food prices in the country. Various measures are being implemented to address structural factors underlying the issue. We’ll also step-up current efforts aimed at boosting food production and distribution in the country,” Mr Buhari said.
His remarks come as Nigerians continue to feel the burning effects of rising food prices brought on by the impact of inflation.
The average cost of five kilograms of cooking gas increased from N4,397.68 in July to N4,456.56 in August according to the Nigerian Bureau of Statistics.(NBS)
The Gazette in March reported that the price of turkey, a popular protein diet in Nigerian dishes increased to N3,200 per kilo in stores as food scarcity occasioned by the pluming economy. However, the price has since continued to rise as inflation continues to increase.
According to NBS, food inflation in September increased to 23.12 per cent, its highest level in nearly 17 years, while core inflation increased to 17.2 per cent.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Hot news Home top
PDP tackles Gov Diri for snubbing Tinubu in APC campaign billboards
The party accused Mr Diri of being reluctant to identify with Mr Tinubu’s re-election campaign despite defecting to the APC.

Hot news Home top
Flamingos make history, beat Japan to win first-ever U-17 Women’s World Cup
Despite a defeat in their group opener, the Nigerian team returned to winning ways, with six consecutive victories.

Agriculture
FG targets 600 Niger farmers for N300,000 interest-free loans
The loans are under the Government Enterprise and Empowerment Programme (GEEP).

States
Firefighters contain vehicle fire in Ilorin
The vehicle, with registration number LAF 154 AE, caught fire while in motion on Saturday.

Sport
Man City lose to Nottingham Forest as Arsenal pip Hull City to extend lead on EPL table
Jair Cunha opened the scoring in the 6th minute, while Liam Delap made it two for Nottingham Forest in the 18th minute.

Africa
Ghana police arrest 57-year-old man for alleged shoplifting
The suspect was arrested on Thursday by the Somanya District Police Command.





