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Why food prices remain high despite FG’s interventions, ongoing harvest

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Why food prices remain high despite FG’s interventions, ongoing harvest

By Cynthia Alo
Despite the Federal Government’s interventions meant to cushion the prices of farm inputs and ultimately reduce the prices of food items in the country, food prices have remained high even during the ongoing harvest season.
Read Also: Economy: Roadside restaurants drop food quantity, forcing customers to cut budgets 
Meanwhile, farmers, agribusiness groups, traders and consumers have attributed several factors, including the high cost of transportation, delayed and uneven distribution of farm inputs, inadequate storage systems and insecurity in some farming communities, to the factors keeping food prices high in Nigeria.
They warned that increasing production alon...

Source: Vanguard News

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