Hardship: ‘No plan to establish price control board’, Tinubu declares

Hardship: Nigerian Govt to Establish Price Control Board? Tinubu Speaks – TheTalk.NG

Hardship: Nigerian Govt to Establish Price Control Board? Tinubu Speaks

  • President Bola Ahmed Tinubu has ruled out the possibility of setting a commodity price control board
  • This is as prices of food and commodities continue to soar amid the economic hardship in the country
  • TheTalk.NG reports that the federal government also said Nigeria can feed itself and even be a net exporter of food items

food security challenges in Nigeria/hardship/economic hardship in NigeriaAlmost every part of Nigeria is facing economic hardship. Photo credit: Asiwaju Bola Ahmed TinubuSource: Facebook

“We must ensure that speculators, hoarders, and rent seekers are not allowed to sabotage our efforts in ensuring the wide availability of food to all Nigerians.

“What I will not do is to set a price control board. I will not also approve the importation of food.”

Nigeria doesn’t need to import – FG

“A decision has also been taken that in the interest of our country, there will be no need for food importation at this point.

“Nigeria has the potential to feed itself and even be a next exporter of food items to other countries.”

More to read about economic hardship in Nigeria:

Hardship: Tinubu asked to immediately resign

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