BREAKING: FG Announces New Measures To Reduce Food Prices


The Federal Government has adopted some measures to reduce the price of food items which has skyrocketed in recent times, Minister of Agriculture, Audu Ogbeh has said.

He made the disclosure on Wednesday while addressing State House correspondents at the end of the meeting of the Federal Executive Council, FEC.

It will be recalled that FEC, last week set up a task force to advise the government on how best to address the rising cost of food items across the country.

Mr. Ogbeh said the task force set up by FEC has submitted its interim report and identified that the hike in cost is “not due to shortage but high cost of transportation”.

He said since food items are generally moved across Nigeria with heavy trucks and the price of diesel which has gone up, hence the increase in prices.

He said the government had therefore, decided to use railway wagons to transport food items.

Ogbeh said the use of wagons to transport cattle from the north to Lagos has already greatly helped in reducing cost and will be replicated in food distribution.

“We will also work with state governments to reduce delays experienced by trucks along the roads through all sort of taxes by local governments,” he said.

The minister also said that the government has decided to adopt the “Ivory Coast model” in which trucks distributing food items are given special labels.

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