Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, September 13
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Tinubu orders action to crash food prices, targets ‘safe passage’ for commodities
    Commodities

    Tinubu orders action to crash food prices, targets ‘safe passage’ for commodities

    September 11, 20252 Mins Read



    President Bola Tinubu has directed the Federal Executive Council (FEC) to take urgent measures to reduce food prices nationwide, with a particular focus on ensuring the safe and unhindered movement of farm produce across transport routes.

    Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi, disclosed this on Wednesday in Abuja at a one-day capacity-building workshop for Senate correspondents.

    “In addressing the high cost of transporting farm produce, I can say on good authority that the President has issued a marching order. A federal executive council committee is already working on how to guarantee safe passage of agricultural foods and commodities across routes in the country,” Abdullahi said.

    He noted that transportation remains a major driver of food inflation. “If you know the amount of money being spent moving commodities before they reach markets, you will understand why they are expensive at the point of delivery,” he explained.

    Read Also: Nigeria’s revenue boom deepens poverty, exposes governance failure

    The minister said Tinubu’s directive aligns with his broader food sovereignty agenda, which extends beyond food sufficiency to include availability, accessibility, affordability, nutrition, and sustainability.

    Abdullahi also highlighted upcoming initiatives to boost productivity, including the launch of the Farmer Soil Health Scheme and a cooperative reform and revamp programme aimed at mobilising resources and strengthening grassroots economic activity.

    “Mr. President has shown tremendous interest in the cooperative sector as a veritable tool for economic activity generation and improving members’ livelihoods,” he added.

    The workshop, themed “Parliamentary Reporting: Issues, Challenges and Responsibilities”, also featured Senate spokesperson Senator Yemi Adaramodu, Senator Ita Solomon Enang, and Professor Abubakar Sulaiman, Director-General of the National Institute for Legislative and Democratic Studies (NILDS).



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleDow, S&P 500, Nasdaq futures hit pause with CPI inflation data on deck
    Next Article 4 Central Bank Moves That Might Fuel Bitcoin’s Next Rally to $150,000 and Beyond

    Related Posts

    Commodities

    Shanghai’s Hongqiao Pinhui extends CIIE exhibits to year-round consumer products

    September 10, 2025
    Commodities

    Halloumi, bakery products and concrete drive Cyprus industrial sales growth

    September 10, 2025
    Commodities

    Senate Democrats Propose CLARITY Act for Digital Asset Market

    September 9, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    3 US Stocks Estimated To Be Undervalued In October 2024

    October 24, 2024
    Property

    China shoppers swap luxury for pre-loved

    June 12, 2025
    Stock Market

    COMMENT: Bloodstock market likely to feel the pinch from Trump’s tariffs, whether directly or indirectly

    April 8, 2025
    What's Hot

    Le Conseil d’investissement de l’État du Wisconsin se retire de l’ETF Bitcoin

    May 15, 2025

    On finance des pêches qui rendent malades

    May 29, 2025

    Stock markets could rally Wednesday amid optimism for future rate cuts – National

    August 13, 2025
    Most Popular

    Wall Street’s Cantor Fitzgerald to Open Bitcoin Financing, Lending Business

    July 27, 2024

    NVIDIA promises up to 700% return upon investing in AI GPUs, eyes $4 trillion market cap – Firstpost

    July 12, 2024

    l’histoire inspirante de Carole Benaroya, co-fondatrice de Kujten

    March 26, 2025
    Editor's Picks

    Scor slumps after warning from life & health business By Investing.com

    July 16, 2024

    Guild Holdings Co stock hits all-time high of $17.58 By Investing.com

    August 26, 2024

    Insolite : une commune italienne va dédier une statue au créateur du bitcoin

    April 28, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.