Metro Niger Introduces Subsidy To Food Items, Slashes Prices By 50 Percent


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Niger State Government has flagged off sales of N183 million worth of grains at 50 per cent subsidy, to reduce people’s hardship in the current economic recession.

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The News Agency of Nigeria (NAN) reports that selling at the subsidised rate will be cheaper than the current market price of grains in the state.

Speaking at the occasion on Saturday, Gov. Sani Bello of Niger, said that the intervention was coming against the persistent hike in prices of food items due to the economic situation in the country.

“Foods and shelter are considered to be very important things in life. A lot of people have problems in buying foods, especially during festive periods.

“`We feel the pains of our people and that is why we made it a priority to embark on the sale of grains across the 25 Local Government Councils.

“The sale of these grains at subsidised rate is part of government’s effort to cushion people’s hardship,’’ he said.

Bello, however, said that the grains would be sold to the less-privileged and “not to people that want to buy and resell.’’