Osinbajo meets Presidential Task Force on Food Security

Acting President Yemi Osinbajo on Friday met behind closed doors with members of the Presidential Task Force on the rising cost of food items in Nigeria.

The meeting, which took place at Aguda House, the official residence of the acting president, was attended by all members of the group.

The Federal Executive Council on Wednesday approved the setting up of the task force as part of efforts to enhance affordable food prices across country.

The task force is to urgently consider measures that would ensure a steady flow of produce to the market and reverse recent price increases.

It is also has the responsibility of exploring options to promote availability and affordability of food items to Nigerians.

The group, expected to submit its interim reports on Feb. 8, has the Minister of Agriculture and Rural Development, Audu Ogbeh; Minister of Finance, Kemi Adeosun and Minister of Industry, Trade and Development, Okey Enelamah, as members.

Other members of the team are the Minister of Transportation, Rotimi Amaechi; Minister of Water Resources, Suleiman Adamu, and the Minister of Labour & Employment, Chris Ngige.

Nigeria’s consumer prices rose by 1.1 per cent in December, 2016 above November’s 0.8 per cent increase.

The inflation figure for the period was 18.6 per cent and was the highest since October 2005.

The National Bureau of Statistics, which issued the data, said the inflation was fueled by higher prices in housing, water, electricity, and gas and other fuels.



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  • Castro

    Hahaha!!!! Buhari administration is planning to bring back kobo as an economic policy to bring down food prices.

  • Impulse400

    This absolute rubbish. All the members of this task force mentioned in this article, are they going to visit the various markets and farms to witness first hand…?

    When I first heard of this idea from Lie Mohammed i knew this was another avenue to waste brand new hilux trucks and millions of naira in expenses and salaries.

    But while I was at Mile12 market this morning, it hit me:

    Tinubu’s daughter. Which is as good saying Lie Mohammeds niece/daughter etc.

    Your daughter is the head of the people that set market prices, your brother is a member of the cabal that controls oil prices to Nigeria. And you need a Task Force (no longer committee) to find out the answer to a simple question.

    APC Government is taking WE NIGERIANS for a long joyride. Nigerians are now SENIOR MUGUS…

  • Lina

    I don’t think a panel is needed to find answers to this question.
    None of these people appointed go to market anyway nor do they live anywhere near an isolated village and have to walk miles of unmotorable roads with their wares to the markets. None of them know or have families who have experienced Fulani herdsmen invading their farmlands raping them before letting loose their cattle to graze on their farmlands and subsequently claim their cows are missing as an excuse to massacre them at night and finally take over their fertile farmland as their grazing land. Ask the people of Nigeria’s bread-basket – Benue State and Uzo- Uwani in Enugu state.
    I cannot believe that Osinbanjo – a professor thinks this group of people are capable of giving valid answers to his question in two weeks.
    On the other hand, with economic instability in the country, workers salaries not being paid why should’nt marketers try and get as much as they can for their wares after all the prices are likely to rise by the time they re-stock.