The Federal Government has assured Nigerians that the current economic situation in the country is being addressed and the prices of commodities will soon come down.
Food inflation has reached over 40 per cent in recent months according to data from the National Bureau of Statistics (NBS), pushing the prices of essential commodities beyond the reach of millions of Nigerians.
But the Minister of State for Agriculture Aliyu Abdullahi said with several programmes by the Federal Government, the prices of commodities will reduce.
“You will see a lot of programmes trying to dampen [reduce prices] the situation,” he said on Monday’s edition of Channels Television’s Sunrise Daily.
“Agriculture has a time frame. Now, a lot of production is ongoing. We are in the rainy season and if you look at the fields, there is a lot of cropping going on. Those croppings are not food,” Abdullahi said.
“They will only translate to food after three months. So, until then, this story you are talking about will continue.”
President Bola Tinubu’s unfriendly policies meant the prices of food and services have gone up and out of the reach of most Nigerians
