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Reps call for reintroduction of price control board


The House of Representatives has tasked the Federal Government to consider the reintroduction of a price control board in the country to ensure that goods are sold at the government’s approved prices to stabilise the general price of commodities.

 

This followed the adoption of a motion on a matter of urgent public importance by Hon. HUSSAINI JALLO at plenary.

 

Presenting the motion, Hon. JALLO said the board would also help to prevent hoarding of goods and protect customers from exorbitant prices.

 

He also said there was a need to put in place a Price Control Act to stabilise the nation’s economy by preventing excessive inflation and ensuring affordability of essential commodities for the blueprint of all.

 

The House further urged the federal government to ensure zero duty on agricultural products for a period of five years to encourage agricultural production and reduce the farmers’ burden.

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