Why food prices are soaring ― NEC

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The National Economic Council (NEC) meeting presided over by Vice President Yemi Osinbajo, on Thursday, examined the trend of food prices and concluded that prices are rising because of COVID-19, the #EndSARS and banditry in parts of the country.

It observed that other factors include farmers/herders clashes and increased cost of transportation.

This followed a presentation made to NEC by the Senior Special Assistant to the President on Agriculture, Dr Andrew Kwasari.

The council, therefore, stressed the need for urgent remedial measures.

A statement issued by the Vice President’s spokesman, Laolu Akande, on Thursday evening said:

“Council received the presentation on the above subject…



Source: Nigerian Tribune