The Federal Government plans to establish a National Commodity Board which will help tackle the escalating food inflation in the country.
 |
| Vice President, Kashim Shettima, disclosed the Federal Government plans to tackle escalating food inflation in Nigeria |
As made known by Presidency Nigeria: “The Federal Government has hinted at plans to establish a National Commodity Board as a solution to the escalating food inflation in the country.
“In tackling price volatility, the board will be given the mandate to assess and regulate food prices, as well as maintain a strategic food reserve for stabilizing prices of crucial grains and other food items.
“Vice President Kashim Shettima disclosed this on Tuesday during a two-day high-level strategic meeting on climate change, food systems, and resource mobilization held at the Banquet Hall of the Presidential Villa, Abuja.”
