President Bola Tinubu has declared a state of emergency on food security in the country.
According to Presidential Spokesman, Mr. Dele Alake, the President directed that all matters pertaining to food and water availability and affordability be included in the purview of the National Security Council (NSC).
The President also directed the immediate release of fertilisers and grains to farmers and households to mitigate the effects of the subsidy removal; and called for synergy between the Ministry of Agriculture and the Ministry of Water Resources to ensure adequate irrigation of farmlands, and to guarantee year-long food production.
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According to Mr. Alake, the Tinubu Administration will create and support a National Commodity Board that will review and continuously assess food prices.
The board will also maintain a strategic food reserve that will be used as a price stabilisation mechanism for critical grains and other food items.
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