UNILAG AD
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Saturday, August 13, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • #PandoraPapers
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • #PandoraPapers
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Protesters at Lekki Toll Gate

Protesters at Lekki Toll Gate

Nigerian Govt blames #EndSARS protests, others for rise in food prices

The government also blames herders/farmers conflict and increased cost of transportation for spiraling food prices.

byNtiedo Ekott
November 20, 2020
Reading Time: 2 mins read
2

The Nigerian government has blamed the recent #EndSARS protests for the high cost of food in the country in recent months.

The government said the street protests against police brutality in many parts of the country “stalled food transportation and delivery.”

The government said this on Wednesday at its weekly Federal Executive Council meeting.

Its position was made known in a press statement signed by Laolu Akande, the spokesperson to Vice President Yemi Osinbajo.

The government said other factors responsible for the food prices increase include delay in going out to the farm, which translates to delay in harvesting courtesy of COVID-19 pandemic and banditry in the northwest effectively preventing farmers from harvesting fields cultivated.

It also blamed the herders/farmers conflict that has seen farm produce destroyed. It also blamed the increased cost of transportation.

Food prices have skyrocketed in recent months, with major food items costing significantly higher than previous months.

A 50kg bag of rice that used to sell for N26, 000 now sells for as high as ₦32,000. A bag of onions that was ₦20,000 in January has increased to ₦80,000. A big bag of garri also sells up to N24,000, higher than before.

The government said the EndSARS protests “in some instances destroyed food stores”.

TEXEM Advert

The EndSARS protest started in October by the Nigerian youth who protested against killings and brutality by the police.

The protest subsided after soldiers shot and killed some protesters at Lekki Tollgate in Lagos, leading to riots by hoodlums who looted and razed warehouses in many parts of the country.

Before the protest, there had been a steady rise in the prices of food commodities in the country, the monthly Consumers Price Index released by the National Bureau of Statistics (NBS) showed.

In July, the food inflation figure released by the NBS was 15.48 percent, but later increased to 16.0 percent in August. In September, the figure increased to 16.66 percent, showing a steady rise in food prices in the country.

Food and other sectors of the economy have been badly hit this year by the COVID-19 pandemic.

As Nigerians groan under biting economic problems, the government has recently increased the prices of fuel and electricity.

In its resolution, the government urged states and the federal government to adopt urgent measures including social protection schemes to deal with the situation.

  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • WhatsApp
  • Share on Tumblr
  • Pocket


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate



TEXT AD: Call Willie - +2348098788999






PT Mag Campaign AD

Previous Post

Nigerian students protest, ask FG to end ASUU strike

Next Post

Nigerians should vote us out in 2023 if … – Lawan

Ntiedo Ekott

Ntiedo Ekott

More News

Atiku Abubakar.

Int. Youth Day: Atiku pledges to end incessant ASUU strike

August 13, 2022
Asisat Oshoala [PHOTO: TW @FCBfemeni]

Oshoala, 19 others nominated for 2022 Ballon d’Or

August 13, 2022
Opeyemi Kadiri, the ex-police officer dekitted by senior officers

Police dismiss officer for checking commuter’s phone

August 12, 2022
President Muhammadu Buhari congratulates Abdul Samad Rabiu, Chairman of BUA Group

BUA’s growth is evidence of correctness of my govt’s policies – Buhari

August 12, 2022
Glory Ogbonna Falcons defender

Champions League takes Super Falcons defender to Turkey

August 12, 2022
Johnson & Johnson Medical [PHOTO CREDIT: NPR]

Johnson & Johnson to end sales of talc powder after cancer lawsuits

August 12, 2022
Read All Comment

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2022 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • DONATE
  • About Us
  • Advert Rates
  • PT Hausa
  • Dubawa NG
  • Careers
  • Contact Us
  • Digital Store

All content is Copyrighted © 2022 The Premium Times, Nigeria