Chairman, House of Representatives Committee on Agriculture, Colleges, and Institutions, Hon. Mannir Babba Dan-Agundi, has said the major causes of hike in prices of food are mainly COVID-19 and insecurity.
Addressing journalists at the three-day training in new agricultural value chain opportunities in poultry, cassava, and agro-processing, held in Abuja, Dan-Agundi, also noted some government policies contributing factors of food price hike.
He said: “there are many reasons. First and foremost, we’re in the era of poverty, it is not only peculiar to Nigeria, the cause of skyrocketing prices are many but one will be COVID-19.
“This COVID-19 era has contributed a lot, then insecurity has contributed a lot. Then also, some of the government policies.
“Like I always say, the interventions the government is giving, especially the CBN interventions and the way it is done in this country still need to be addressed again.
“I have seen the President and I made this point to Mr. President, that we must have synergy between agencies of government, Central Bank of Nigeria, Ministry of Agriculture, Ministry of Trade and Investment, Ministry of Water Resources.”