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High cost of foodstuff: Tinubu’s govt gives traders one month to crash prices

  • President Bola Tinubu-led federal government has expressed concern over the rising cost price of foodstuff items
  • FG identified those behind the unreasonable pricing of consumer goods and services, as well as the detrimental practices of certain market associations and as well issued a fresh order
  • Tinubu’s government has given the traders and market stakeholders a one-month deadline to crash the prices of goods nationwide

Tinubu’s government tackles traders over the rising cost price of goods.
Photo credit: Asiwaju Bola Ahmed Tinubu, Esther OdiliSource: FacebookTraders get one-month moratorium to crash pricesUnder Section 155, violators whether individuals or corporate entities face severe penalties including substantial fines and imprisonment if found guilty by the court.This is intended to deter all parties involved in such illicit activities, he said.Tinubu calls for calm amid hardship

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