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He says the agro-business scheme run by the Lagos state government in Kebbi state will put an end to the high cost of foodstuff in the Southwest.
He says the APC govt in Lagos swung into agro-business to ensure food security for its people.
The price of a bag of rice, which is
currently sold for N18,500, will drop to N9000 before December, according to
Ganiyu Quadri, the chairman, Alimosho local government in Lagos state.
Speaking after receiving a
delegation of Rotary Club of Akowonjo 9110, led by by its district-governor,
Patrick Ikheloa, and president, Shola Abidakun, Quadri gave assurance that the
agro-business scheme run by the Lagos state government in Kebbi state will put
an end to the high cost of foodstuff in the Southwest.
According to the council chief, the
All Progressives Congress (APC) administration in Lagos swung into
agro-business to ensure food security for its people, The Nation reports.
“So, I can assure you that before
the end of this year, the price of a bag of rice, which is N18,000, will drop
to N9,000.”
However, Quadri regretted the
financial strains in which councils found themselves.
He said one of the mandates of sole
administrators was to see how they could pay up debts owed by councils.
The bold declaration from Quadri
comes just days after an investigation showed how the prices of food items have
crashed in Hadejia, Jigawa state.
According to NAN, the crash in food price is as a result of ‘a significant increase in the supply of agricultural produce to the market’.
The
investigation by NAN on Tuesday, August 23, at Hadejia market, showed that food
prices were down by about 30%. Now, a bag of millet goes for N14, 000 as
against N18, 000 while a bag of paddy rice went for N8, 500 as against its
previous price of N11, 000.
Maize and sorghum were sold at N11, 000 and N13, 000 down from their old prices of N15, 000 and N17, 000, respectively.
Source: Jazzyfans
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