Tinubu’s new measures will drive down food prices, group assures Nigerians

The Tinubu Media Volunteers (TMV) has described the new measures taken by President Bola Tinubu to drive down inflation of food prices as radical and proactive.

The TMV Chairman, Chukwudi Enekwechi and Secretary Sunday Gyungoun said this in a statement they jointly signed on Saturday in Abuja, adding that the measures would soon bear fruits.

The group expressed optimism that the new measures would stem the tide of inflation and help to drive down the prices of food in the country.

It particularly lauded the Federal Government’s bold initiative to temporarily lift import duties on certain food items, saying it was the right step in the right direction.

“We have reviewed the proactive measures being taken by the Tinubu-led administration aimed at taming food inflation in the country and concluded that they are in the best interest of the populace.

“These measures which include suspension of duties, tariffs and taxes on the importation of food commodities like wheat, maize, cowpeas.

“And husked-brown rice, we believe, if well implemented, would definitely bring down prices of food items in the country,” the group said.

According to the TMV, the measures are taken out of Tinubu’s genuine concerns and interests in the welfare of the masses as well as farmers.

It noted that the measures meant to fill the yawning gap in food production in the country, would last for 150 days, within which period farmers were expected to raise their production level.

It said the intervention was expected to reduce the inflationary trend in the food sector and lead to the importation of 250,000 metric tonnes of wheat and 250,000 metric tonnes of maize.

“For us, these proactive interventions depict the government as responsible and responsive to the yearnings of the people.

“We are of the strong opinion that in the final analysis, these measures will address the issue of food insecurity in a very short while.

“We also acknowledge that the position of the Federal Government to adopt recommended retail prices for imported food items will go a long way to make the food items available and affordable to Nigerians.

“We are convinced that this control measure will check the excesses of shylock middlemen that may want to take advantage of the situation,” the group said.

It therefore, urged Nigerians to see the move as a necessary one to  address the food crisis in the country and advised them to  continue to lend support to the Federal Government.(https://newsatlarge.ng)