‘We will wrestle food inflation in 2021’, Buhari assures citizens
President Muhammadu Buhari has assured Nigerians that his administration will keep a keen eye on food inflation in the New Year.
The Presidents Senior Special Assistant on Media and Publicity, Garba Shehu, in a statement, said Buhari gave the assurance at the fifth regular meeting with the Presidential Economic Advisory Council held on Tuesday at the State House, Abuja.
Buhari, who directed that the CBN must not give money to import food. Already, about seven states are producing all the rice we need. We must eat what we produce, noted with satisfaction the strides made in agricultural production following the programme of diversification from over reliance on oil instituted by his administration.
The president wondered where the country would have found itself by now in view of the devastating economic crisis brought about by COVID-19 if the country had not embraced agriculture.
He further emphasized the place of agriculture in the efforts to restore the economy but agreed that measures must be put in place to curtail inflation in the country.
The meeting, which was for a review of, and reflections on the global and domestic economy in the outgoing year, was attended by the Vice-President, Prof. Yemi Osinbajo, as well as the ministers of Finance and Humanitarian Affairs.
