The federal government plans to establish a National Commodity Board to tackle food inflation, as announced by Vice President Kashim Shettima during a strategic meeting on climate change and food systems in Abuja.
The board will regulate food prices and maintain strategic reserves to stabilize prices.
Food security is a top priority under President Bola Tinubu’s Renewed Hope Agenda, prompting a state of emergency declaration.
Short-term strategies include distributing fertilizers and grains, promoting farmland irrigation, and addressing price volatility through the board.
Peoplesmind