The Federal Government is planning to establish a National Commodity Board to tackle the escalating food inflation in Nigeria.
This is according to Vice President Kashim Shettima on Tuesday while declaring open a two-day high-level strategic meeting on climate change, food systems, and resource mobilisation held at the Banquet Hall of the Presidential Villa, Abuja.
Shettima’s remark was amplified via a statement his Senior Special Assistant on Media and Communications, Stanley Nkwocha released.
Nkwocha quoted his principal to have said among others, “Our solution to the potential food crisis has become immediate, medium, and long-term strategies.
“The short-term strategy entails revitalising food supply through specific interventions like the distribution of fertilisers and grains to farmers and households to counteract the effects of subsidy removal; fostering collaboration between the Ministry of Agriculture and the Ministry of Water Resources for efficient farmland irrigation, ensuring year-round food production, and addressing price volatility by establishing a National Commodity Board.”
