Flood And Insecurity Is The Reason For Hike In Food Price – Buhari

[captiPresident Muhammadu Buhari has come out to celebrate Muslims over their Eid El-Adha festival.

He recently revealed this in a press statement titled, “Eid-el-Kabir,” and Nigerians have been reacting.

According to him, he is seeing the sacrifices of Nigerians on a daily basis and he can only urge citizens to be patient as the government battles hardships.

He added that flood and insecurity is the reason for the increase in rams, cows, and other food prices.

His words, “Reflecting on current challenges facing the country, the President states that COVID-19 pandemic has taken a heavy toll on the economies of all countries, including Nigeria, in addition to the fact that floods have caused large scale destruction to agricultural farmlands, thereby impacting negatively on our efforts to boost local production in line with our policy to drastically reduce food importation.”

“This, he explains, has led to food inflation which the government is working hard to address.”

“Bo government in our recent history has invested as heavily as we are doing to promote local production of about 20 other commodities, through the provision of loans and several other forms of support to our farmers.”

“Apart from the destruction caused to rice farms by floods, middlemen have also taken advantage of the local rice production to exploit fellow Nigerians, thereby undermining our goal of supporting local food production at affordable prices.”

“As an elected president who enjoys the goodwill of the ordinary people that gave us their mandate, let me assure you that we are continuing with measures to bring relief to Nigerians, including making fertilizer available at affordable prices to our farmers.”

“Let me also use this opportunity to reassure Nigerians that we are taking measures to address our security challenges. We have started taking delivery of fighter aircraft and other necessary military equipment and hardware to improve the capacity of our security forces to confront terrorism and banditry.”