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Fed govt set to release 60,000MTs of food grains to stabilise prices


The federal government has finalised plans to release an additional 60,000 metric tonnes of food grains to make food available and stabilize the price of foodstuff in the country.

 

Minister of Finance and Coordinating Minister for the Economy, WALE EDUN made this known in Abuja at the Public Wealth Management Conference organised by the Ministry of Finance and the Ministry of Finance Incorporated.

 

EDUN, in his address, said that President BOLA TINUBU is committed to supporting the less fortunate during these challenging times.

 

The Minister stated that these measures are aimed at ensuring food availability and stabilizing prices, with the expectation that prices will eventually decrease. 

 

According to him, the priority is to ensure that food reaches the market and people’s tables, no matter the effort required.

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