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Nigerian govt laments high cost of food

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Nigerian govt laments high cost of food

Federal Government expressed concern about the escalating prices of food and other commodities, leading to protests in Niger and Kano. The Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, made this known during a bilateral meeting with a visiting German delegation led by the country’s Minister of Economic Cooperation and Development (BMZ), Svenja Shulze, in Abuja on Monday.

Edun noted that the situation, fueled by the forces of demand and supply, has triggered growing discontent among the citizens. Some youths and women expressed resentment towards what they perceived as the mass purchase of food items for hoarding and exporting outside the country.

The police had to use “minimum force” to disperse protesters who blocked the Minna-Bida Road and arrested some individuals whose activities were disrupting vehicular and human movement. In a similar vein, Kano State Governor, Abba Yusuf, expressed lament about the pervasive hardship and acute hunger experienced by a significant number of people in his state.

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