The National Food Security Council has said Bulk purchase of food commodities to distribute as COVID-19 palliatives is one of the factors responsible for the observed higher costs in the country.
As harvest season has begun and more commodities are arriving at the markets, the council is confident that the situation will change. The North West representative in the council made the observation during the council’s briefing after a meeting at the presidential villa, Abuja.
In his explanation, one of the leaders of the council reiterated that food prices for crops are coming down judging by the data obtained and made available to him.
The council informs that production of the commodity has normalized in the country following the reopening of Indorama plant in Rivers state, which was closed because of Covid-19 related deaths.