The Minister of Agriculture and Food Security, Abubakar Kyari, on Friday, said the Federal Government had commenced the massive production of food crops in order to bring down the prices of food items across the country.
He said the target of the government was to reduce food inflation, describing it as the major reason for the high rate of inflation in Nigeria’s economy.
Kyari disclosed this to journalists after hosting the Governor of Jigawa State, Umar Namadi, at the headquarters of the Federal Ministry of Agriculture and Food Security in Abuja.
He said, “We have programmes to ensure massive production of food so that food will be available for the country in line with Mr President’s agenda on food security. We also intend to massively produce so as to bring down food inflation.
He stressed that the government was working to increase supply, as this would impact positively on the cost of food items across the country soon.
The latest Consumer Price Index: November 2023’ report released by the National Bureau of Statistics in December 2023 stated that Nigeria’s food inflation rate increased to 32.84 per cent.
