As part of a comprehensive intervention programme, the Federal Government of Nigeria has flagged off 42,000 metric tones of grains to cushion hardship and revamp the Nigerian economy for sustainable development.
Speaking during the flag-off of the release of 42,000 metric tonnes (MT) of Assorted Food Commodities from the National Strategic Food Reserve (NSFR) across the country to Vulnerable Nigerians to cushion the effect of the rising cost of food commodities on Sunday 6th April 2024, at the Government House, Sokoto, Sokoto state.
The Minister of Information and National Orientation Mohammed Idris, said President Bola Tinubu is concerned about rising food prices and is determined to make essential food available and affordable for Nigerians, which is why he approved the distribution of 42,000 metric tonnes of assorted grains, including sorghum, millet, and maize, and 60,000 metric tonnes of rice through millers.
“The government calls for continued patience and understanding from Nigerians as we push through these difficult times into a season of abundant benefits and truly renewed Hope. As the President never fails to emphasize, these headwinds we face are only temporary, and we will surely overcome them.” He said.
The Minister went ahead to mark reduction of petrol importation to 50 percent monthly, “the stabilized foreign exchange with our Naira waxing stronger daily, and the recent launch of the Renewed Hope Infrastructure Development Fund (RHIDF), which aims to raise about N20 trillion for investment in critical sectors of the economy as early wins.
In his words: “A few days ago, the Federal Government unveiled a progressive policy in the power sector, aiming to boost electricity supply sufficiency for all Nigerians.
“The most important aspect of the policy is that the Tinubu administration is sustaining electricity subsidies for 85% of Nigerian consumers, which justifies its credential as a pro-people democratic government while increasing electricity tariffs for only 15% of the electricity consumer population.
“I urge you to continue supporting the Tinubu Administration as it implements policies to overhaul the nation’s economy.”
