
The Digest:
President Bola Tinubu has directed a Federal Executive Council (FEC) committee to execute immediate strategies aimed at reducing nationwide food prices, with a focus on securing safe transit for farm produce to minimize logistics costs and market inflation. The move is part of a broader agenda to achieve food sovereignty beyond mere availability.
Key Points:
- The committee will ensure safe passage of agricultural goods across transport routes to curb logistics expenses
- Initiatives include a Farmer Soil Health Scheme and cooperative reforms to boost productivity
- The plan emphasizes affordability, accessibility, and nutrition sustainability
- Tinubu’s intervention targets rampant food inflation affecting Nigerian households
- The government aims to mobilize resources through revitalized farmer cooperatives
Sources: Daily Trust,