Despite the several measures put in place by the federal government of Nigeria to cushion the rising cost of food items, a fresh report on Selected Food Price Watch in July by the National Bureau of Statistics (NBS) has shown that prices still remain high.
Ripples Nigeria reports that the Minister of agriculture and food security, Abubakar Kyari recently revealed plans by the FG to crash the prices of food items .
The initiatives include; a 150-day Duty-Free import window for food commodities, suspension of duties, tariffs, and taxes on imports of specific food commodities, including maize, husked brown rice, wheat, and cowpeas, through land and sea borders.
