President Bola Tinubu, on Thursday, says he has no plan to set up a price control board or approve the importation of food items into Nigeria.
Speaking at a meeting with 36 state governors, the Vice-President Kashim Shettima; the National Security Adviser, Nuhu Ribadu; the Inspector-General of Police, Kayode Egbetokun; the Director-General of the Department of State Services, Yusuf Bichi; and some ministers at the State House in Abuja.
Last Wednesday, Justice Ambrose Lewis-Allagoa of the Federal High Court sitting in Lagos ordered the Federal Government to fix the price of goods and petroleum products within seven days. His ruling followed a motion filed by Senior Advocate of Nigeria, Femi Falana.
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President Tinubu said his administration will use home-grown solutions to address the nation’s food security challenges.
With many protests breaking out in states across the Federation over the high cost of living and food inflation, some public commentators suggested the government consider the importation of essential commodities like rice, flour, amongst others.
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