• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, December 25, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Tinubu directs immediate release of grains to ease prices

Grains

The Matters Press by The Matters Press
February 9, 2024
Reading Time: 2 mins read
0
Islamic bank supports Kano with N29.7m to upgrade grains market

Abuja, Feb. 9, 2024: President Bola Tinubu has directed the Ministry of Agriculture and Food Security to release about 42,000 metric tonnes of grain including maize, millet and garri.

RELATED POSTS

Tinubu building a more modern, combat -ready military – IMPI ‎

Tinubu’s defence spending not shrouded in secrecy – IMPI

‎IMPI Hinges 14% Year-End Inflation Forecast on Deep Analysis of Tinubu Reforms

Similarly, the Rice Millers Association of Nigeria has also committed to immediately release over 60,000 metric tonnes of rice to the public.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this after the meeting of the Presidential Committee on Emergency Food Intervention on Thursday in Abuja.

He said that these were immediate measures taken by the Federal Government to reduce the hardships faced by Nigerians who are made to bear the brunt of high prices of food in the market.

“These will be made available and we know that that is enough to take Nigeria in the next couple of weeks. One month, six weeks, perhaps up to two months.

“Now the whole idea of this is to crush the cost of these food items. And these are measures that will happen immediately.

“Now, the third item is that government is also looking at the possibility of, if it becomes absolutely necessary and as an interim measure, to also import some of these commodities immediately so that these commodities can be made available to Nigerians,” he said.

Idris also said that the Ministry of Agriculture and Food Security would further invest massively in the farming process to boost production and ensure the country’s food potential are fully exploited.

He said that government would appeal to persons or groups to stop hoarding these products in order to maximise profit at the detriment of ordinary Nigerians.

“Government of course is also looking at all those who are hoarding these commodities, because actually, these commodities are available in the stores of many traders.

“Government is appealing to them that they should open up these doors and make these commodities available in the interest of our nation.

“There is no point when the whole country is looking for this food you are locking up these products where you make more money and then Nigerians suffer. Of course, government will not fold its arms.

“If they don’t respond by bringing these commodities to the market, government will take appropriate measures to ensure that these products are made available to Nigerians.”

The Minister said that government would also take measures to ensure that food continue to be accessible and affordable to Nigerians.

“We ask that Nigerians need to be more patriotic; be our brother’s keepers. Sell this thing, of course at a margin but at a margin that is not also killing to Nigerians.

“This is an emergency situation. Every nation faces emergency situations. This is our own time to face this challenges.

“The President has directed that whatever it will take, food will be available to Nigerians at a cost that is also very reasonable,” he said.

Tags: Grains
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
News

Tinubu building a more modern, combat -ready military – IMPI ‎

December 22, 2025
Fishermen hail army over retake of Baga
News

Tinubu’s defence spending not shrouded in secrecy – IMPI

December 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI Hinges 14% Year-End Inflation Forecast on Deep Analysis of Tinubu Reforms

December 18, 2025
Gombe: Troops take over to enforce peace
News

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

December 11, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

December 11, 2025
ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions
Energy

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

December 5, 2025
Next Post
Tinubu lays foundation of houses for Renewed Hope City

Tinubu lays foundation of houses for Renewed Hope City

Myanmar central bank revokes licenses of 13 forex companies

What CBN wants to do with exchange rate

Recommended Stories

Commissioner, SSA dump Obaseki

July 25, 2020
NSIA, Agency in deal on solar power

NSIA, Agency in deal on solar power

December 28, 2021
Maritime workers begins strike July 3

Lekki Port ready for commercial operations – Official

December 21, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu building a more modern, combat -ready military – IMPI ‎
  • Tinubu’s defence spending not shrouded in secrecy – IMPI
  • ‎IMPI Hinges 14% Year-End Inflation Forecast on Deep Analysis of Tinubu Reforms

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us