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FG announces plans to check food inflation, okays N8.3b for police retooling

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The Federal Government, yesterday, took bold steps to address the astronomical food prices across the federation, planning to “very quickly” convene a meeting of the National Food Security Council (NFSC).

It also lined up concrete actions to ensure growth of some sensitive sectors.

Minister of Finance, Budget and National Planning, Zainab Ahmed, who spoke after the weekly Federal Executive Council (FEC) meeting, presided over by Vice President Yemi Osinbajo at the State House, Abuja, noted that the gathering sanctioned NFSC to meet “very quickly to address the issue of food inflation and also provide a plan and some methods in which we can reduce the cost of food to support improved food prices for the citizenry.” Continue Reading

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