Within the next two weeks, food prices will crash - Audu Ogbeh
- Ogbeh says that the federal government is currently talking to farmers to ensure that prices drop
- According to the minister, while high prices are bad for non-farmers, it is good for the country as regards growth of the agricultural sector
- More details would be given to Nigerians in due course, Ogbeh says
The minister of agriculture Audu Ogbeh has assured Nigerians that within the next two weeks, prices of foodstuffs, including rice, would crash.
In a chat with Leadership newspaper Ogbeh, who also doubles as the chairman of the presidential task force on soaring prices of foodstuffs, stated that the government was set to crash prices of foodstuffs after undergoing weeks of underground work.
READ ALSO: IYM declares readiness for 'war' against northern youths
He said: “The federal government will intervene on the prices of rice and other commodities in the next two weeks; details of the intervention would be spelt out for all Nigerians.
“We are talking to farmers to ensure that the prices are drastically reduced. Government has also put in place different measures aimed at making farming encouraging.
“Although the high price is bad for non-farmers, it is good for the country because more and more people will rush to agriculture. At the end of it all, production will increase and prices will necessarily fall.”
PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app
Recall that Legit.ng previously reported that the price of foodstuffs have continued to rise daily in various markets across the state amidst the recession.
The availability and cost of food items are considered important in ensuring the well-being and survival of the human society.
Watch this Legit.ng TV video checking out prices of foodstuffs after President Buhari's return to London
Source: Legit.ng
