DjAndroid:
Ossy be careful oo., make dem no arrest you oo.

doctokwus:
Even if this doesnt work,@least this is a sign of a man at d helm that understands how bad things are and d need for d govt to stem d tide.
Prices of items(food and non food) are going haywire and d cattle rearer we all thought we had as a president,was just a statue,weighed down by dementia,dullness and bigotry.
I av maintained that d cattle rearer shud step aside for Osinbajo because he cannot do worse than him.

haryorbarmie83:
Cabals has hijack this government from Buhari.. I sense it

Billyonaire:
Osibanjo has also lost his God-given mind.

Mr. Professor, it is called Cost of Transportation. It has to do with price of petrol. And it has to do with How Much a poor farmer needs in return so she can cook a pot of soup and eat too. A farmer will not sell his/her produce for 10 naira when 10 naira can not buy kerosene to cook her soup.

Are these people finally brain dead ?


The prices of goods was stable, then one certain Cow herder increased price of petrol, gamble with fx differentials, fleece people accounts and the panic created made the billionaires to move their funds, changed them to dollars and launder them to safe heavens. NoW what we have here is a mess.

Your Buhari went out there and say Nigerians are all corrupt, now that investors are pulling out and businesses firing, you turn around and keep your face like person wey no sleep for 4 weeks. May be if these our Presidency people start smoking sk, they will reason better.

What we expect from this Government is 100% Resignation. No more! Nigerians need some "respek" to their names.

aminulive:
Below is a statement from the presidency;

Moved by the need to enhance affordability of food prices across country, the Buhari administration has constituted a Presidential Task Force to urgently consider measures that would ensure a steady flow of produce to the market and reverse recent price increases.

Giving the directive today at the Federal Executive Council meeting, Acting President Yemi Osinbajo, SAN, expressed concern at some of the inflationary rates of food prices, noting that the Task Force will explore options to promote availability and affordability of food items to Nigerians.

According to him, the Task Force, which has seven days from today to report back to the Council will consider how to remove some of the cost-raising factors that come into play between the farms and the markets and therefore "bring relief to our people."

While there have been reports of bumper harvests in parts of the country, the prices of food stuff still end up rather high, while some of the produce even end up wasted due to a number of reasons preventing effective transportation delivery to the markets.

One of the focus areas of the Task Force, the Ag. President noted, would be to review the transportation and preservation processes, and see how government can intervene in those aspects to bring down food prices.

The Task Force, which would be meeting with the Ag. President in the discharge of its urgent assignment, will therefore draw out a practical plan and present same to the Council next week.

Members of the Task Force include the following:

Minister of Agriculture & Rural Development, Chief Audu Ogbeh
Minister of Finance, Mrs Kemi Adeosun
Minister of Industry, Trade & Development, Dr. Okey Enelamah
Minister of Transportation, Honorable Rotimi Amaechi
Minister for Water Resources, Engr. Suleiman
Minister of Labour & Employment, Dr. Chris Ngige

The Offices of the Chief of Staff to the President and the Senior Special Assistant to the President on Sustainable Development Goals, SDGs, would also be on the Task Force.
http://politicsngr.com/osinbajo-sets-task-force-beat-dow/
cc : lalasticlala

wristbangle:
To be honest, if this man is allowed to rule nigeria till 2019, Nigerians will be relieved from the current economic nightmare but there are some evil cabals who wants to frustrate him due to religion and tribal difference.

Lordave:
By forcefully fixing market prices?

Seems the VP is more clueless than I thought with this stupid move.

Paperwhite:
Another clueless set of fucktards appointed to continue the vicious cycle of hardship.How do you want to control market prices when your useless economic policies have affected the prices of the commodities? APC is just clueless.

wristbangle:


Desperate situation calls for desperate measures.

The law of demand and supply hasn't been effective due to greedy people except for few commodities (perishable goods like tomatoes, et.al ) whereby sellers have no choice than to force down the price to avoid wastage but others like provisions and canned foods are on the increase which I believe there must be assurance dept to checkmate the gluttony and barbaric thirst of middleman/retailers.

aminulive:
Below is a statement from the presidency;

Moved by the need to enhance affordability of food prices across country, the Buhari administration has constituted a Presidential Task Force to urgently consider measures that would ensure a steady flow of produce to the market and reverse recent price increases.

Giving the directive today at the Federal Executive Council meeting, Acting President Yemi Osinbajo, SAN, expressed concern at some of the inflationary rates of food prices, noting that the Task Force will explore options to promote availability and affordability of food items to Nigerians.

According to him, the Task Force, which has seven days from today to report back to the Council will consider how to remove some of the cost-raising factors that come into play between the farms and the markets and therefore "bring relief to our people."

While there have been reports of bumper harvests in parts of the country, the prices of food stuff still end up rather high, while some of the produce even end up wasted due to a number of reasons preventing effective transportation delivery to the markets.

One of the focus areas of the Task Force, the Ag. President noted, would be to review the transportation and preservation processes, and see how government can intervene in those aspects to bring down food prices.

The Task Force, which would be meeting with the Ag. President in the discharge of its urgent assignment, will therefore draw out a practical plan and present same to the Council next week.

Members of the Task Force include the following:

Minister of Agriculture & Rural Development, Chief Audu Ogbeh
Minister of Finance, Mrs Kemi Adeosun
Minister of Industry, Trade & Development, Dr. Okey Enelamah
Minister of Transportation, Honorable Rotimi Amaechi
Minister for Water Resources, Engr. Suleiman
Minister of Labour & Employment, Dr. Chris Ngige

The Offices of the Chief of Staff to the President and the Senior Special Assistant to the President on Sustainable Development Goals, SDGs, would also be on the Task Force.
http://politicsngr.com/osinbajo-sets-task-force-beat-dow/
cc : lalasticlala

Lordave:
How do you set up a task force to beat down prices of goods while the cost of transportation remains stagnantly high.
What is the price of petrol?
What are the prices of raw materials?
What is the official rate of Naira to a Dollar?
What is the current electricity tariff?
What is the price of communication?

A government that has failed to properly regulate the direct financial impact of the above factors has no moral advising citizens to beat down prices of commodities let alone forcing them.