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Tinubu Directs FEC Committee To Crash Food Prices
President Bola Ahmed Tinubu has directed a special committee of the Federal Executive Council (FEC) to immediately work out measures aimed at reducing the soaring cost of food items across the country.
The President gave the directive during the council’s meeting, noting that food affordability is a critical component of his administration’s economic agenda. He emphasized the urgent need for coordinated interventions that would bring down the prices of staple commodities and ease the hardship faced by Nigerians.
President Tinubu further assured that the Federal Government will remain committed to tackling inflation, boosting local production, and strengthening food security through practical and sustainable policies.
The directive comes against the backdrop of rising inflation and high food costs, which have placed pressure on households and businesses nationwide.
Reacting to the move, farmer associations in Nasarawa and Kano States welcomed the directive, describing it as timely. They, however, called on the government to back the order with concrete action such as improved access to fertilizer, better storage facilities, and support for smallholder farmers.
Traders in major markets in Lagos and Abuja also expressed optimism, but urged the government to address issues of transportation costs, multiple levies, and insecurity in farming communities, which they identified as key factors driving up food prices.
Some citizens interviewed by Daily Trust said they expect urgent relief, noting that the high cost of rice, maize, and other staples has stretched family budgets to breaking point. “We only hope this directive will not end up as another political statement. What Nigerians need is action, not promises,” said Aisha Mohammed, a mother of three in Abuja.
Stakeholders are now awaiting details of the committee’s intervention plan, with hopes that effective implementation will bring lasting stability to food prices and ease the cost-of-living burden on millions of households.
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