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Food Prices Are Coming Down — Garba Shehu - Politics - Nairaland

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Food Prices Are Coming Down — Garba Shehu by Omooba77: 11:46am On Sep 11
The Presidency on Friday says the prices of food items in the country are dropping as a result of the agricultural reforms of the regime of the President, Major General Muhammadu Buhari (retd.).

The President’s Senior Special Assistant on Media and Publicity, Garba Shehu, made this known while featuring on Channels Television’s Sunrise Daily programme.

Shehu was reacting to the President’s directive Thursday that the Central Bank of Nigeria should not release money for food and fertiliser importation henceforth.

The PUNCH had earlier reported that the Manufacturers Association of Nigeria and the Lagos Chamber of Commerce and Industry, in their reactions, warned that the directive could cause further inflation, saying the country was not sufficient in food production and still needed forex to import some food.

Speaking also on the TV programme on Friday, a senior lecturer in the Department of Economics, University of Abuja, Dr Ahmed Adamu, faulted the timing of the policy because of the inflation already in the economy.

Adamu said, “It is also a wrong time because we have not built the right infrastructure and not supplied the right agriculture facilities and we have not built the entire agriculture value chain. We are also facing insecurity and a lot of farmers have been displaced from their farms and they cannot produce much. And now the government is discouraging cheap importation from other countries. It is going to create a lot of food scarcity in the country.

“Now we are seeing a high rise in the prices of food items in the country and this measure is going to increase the prices of food items further at a time when we just came out of COVID-19 lockdown.”

The scholar stressed that Nigerians should not be punished for the failure and inability of government and policy-makers to protect the naira, adding that the government’s decision is “a recipe for hyperinflation”.

According to him, consumers are rational and so the government needs to ask itself why the people prefer foreign food items.

“They know why they go for foreign food items – maybe because of quality, quantity or price. Instead of you to force Nigerians to buy things that they are not ready to buy, why don’t you make the local products become attractive to Nigerians by enhancing its quality, quantity and competitive price. These are things that we need to set in place before we force people because this actually is an aggressive measure,” Adamu added.

Reacting, Shehu said Nigeria’s land borders were closed not only to curb the importation of rice and other food products but to also curb the proliferation of small arms smuggled into the country to feed inter-communal crisis and banditry, amongst others.

The President’s spokesperson said, “To say the cost of food items is connected to the closure of the borders is absolutely wrong. And to say that the prices of food ain’t coming down, I think the scholar has detached himself from the market because we sat through the meeting of the National Food Security Council and we heard presentations by experts – people who had surveyed the markets.

“As of yesterday (Thursday) in the morning of the meeting, go and check the index in markets. For instance in Kano, millets that had gone up to N24,000 has now gone down to N12,000, N13,000. Rice that had been N25,000 is now N20,000. Corn, maize is now N18,000 for the old stock and N14,000, N15,000 for the new stock.

“So, to say that there is no change in the prices is to show one is completely detached from what is happening in the country.”

When told by the moderators of the programme that his position was contrary to the reality being faced daily by Nigerians on the streets, Shehu insisted, “As the Germans say, if you want to get the best of the weather, open the windows. My suggestions to the journalists who sit and write all of these numbers is, send your correspondents to the streets, go to the markets and find out.

“I didn’t say that all of the prices, the changes had crashed completely. They are coming down because the harvested items are coming into the market. Prices are coming down, they will continue to go down as more and more food items are harvested. It’s a seasonal thing and we are going to see through this as well.”

https://punchng.com/food-prices-are-coming-down-presidency/

1 Like 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by Holyterrorist: 11:50am On Sep 11
Werey presidency. grin

272 Likes 9 Shares

Re: Food Prices Are Coming Down — Garba Shehu by History555: 11:50am On Sep 11
.......

33 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by Racoon(m): 11:53am On Sep 11
"One of the commonest manifestations of under-development is a tendency among the ruling elites to live in a world of make-believe and unrealistic expectations" - Chinua Achebe

shocked Just imagine this idiocy.The people under this government are really cut off from reality as they are always unaware or wickedly claim ignorance of what the common man is facing out there.

I guess this is one of their calm down & see development project that the govt propagandist- Femi Adeshina was talking about? Any wonder that are just imposing reckless & constricting economic policies on the poor citizens without any conscience? Where is Mannabbqgrills? Perhaps he is also finding it difficult to eat hence disagrees.

201 Likes 18 Shares

Re: Food Prices Are Coming Down — Garba Shehu by daddytime(m): 12:02pm On Sep 11
May Nigerians not go down with it under this regime.

"Coming down" could mean anything else with these guys, you never can tell.

Remember "change"?

Cash App Support and customer care don take over Nairaland...chai

Dem go soon do this site that thing again.


Where the professional ban mods, oya make una go ban oh.

16 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by Deborah98(f): 12:02pm On Sep 11
Are coming down undecided, let me swallow my word...hope it's true.

1 Like 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by dorothy111(m): 12:24pm On Sep 11
This is why I like Bubu government.
To the people in government, this is disney world. To the masses, it is planet ape.

111 Likes 6 Shares

Re: Food Prices Are Coming Down — Garba Shehu by sinkhole: 12:39pm On Sep 11
Finally, common Nigerians are dead shocked shocked shocked
Hunger go soon reset everybody's brain for dis country cheesy

20 Likes

Re: Food Prices Are Coming Down — Garba Shehu by Nbotee(m): 1:07pm On Sep 11
E no go beta for dis govt and those dat support dem...
A bag of local rice now sells between 25-27k from 18-20k
A bag of garri now sells for around 15k from 12k
Bakers are crying cause of increasing prices
And with d new pump price of #160, transportation fares have gone up but yet dis bastards have d nerve to com out to claim prices are going down??
Let dem point us to the markets with those prices

163 Likes 12 Shares

Re: Food Prices Are Coming Down — Garba Shehu by juvewalex(m): 1:14pm On Sep 11
Na which kind presidency we get for this country wey nor dey face reality ?

Na wah o

34 Likes 2 Shares

Re: Food Prices Are Coming Down — Garba Shehu by RomanianNinja: 1:16pm On Sep 11
shocked jokes apart, I thought this country is on auto mode

9 Likes

Re: Food Prices Are Coming Down — Garba Shehu by Racoon(m): 1:17pm On Sep 11
Nbotee:
E no go beta for dis govt and those dat support dem...
-A bag of local rice now sells btw 25-27k from 18-20k
-A bag of garri now sells for around 15k from 12k
-Bakers are crying cause of increasing prices
And with d new pump price of #160, transportation fares have gone up but yet dis bastards have d nerve to com out to claim prices are going down?
"...The major catastrophe about Buhari administration is, they are not open to criticism in whatever guise.Once an attempt is made to call out a specific government's policy, as usual a brigade of its hirelings, propagandists & foot-soldiers will be quick to brandish such a person, group or individual an enemy of state and other unprintable names..."
http://saharareporters.com/2020/06/20/insecurity-sleeping-president-adbullahi-d-mohammed

40 Likes

Re: Food Prices Are Coming Down — Garba Shehu by Maxymilliano(m): 1:24pm On Sep 11
Ahhh who cursed this Nation, I guess their market is different from the masses, May God punish those deceiving us.

64 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by gambia(m): 1:30pm On Sep 11
This man has been confirmed officially mad. Kindly disregard all his comments .

100 Likes 5 Shares

Re: Food Prices Are Coming Down — Garba Shehu by Pimpmaride: 1:31pm On Sep 11
Is he mad?

One paint plastic of beans is 1200 to 1300

One paint of foreign rice is almost 2800

Local rice almost 2k

Garri 700.

Is this govt so thoughtless...... If u check my signature, u will see that I have an iPhone 6s to sell for 50k but with the way food prices is going up, I may be forced or tempted to increase the price too..

This govt shud not tempt or force me oo

33 Likes 3 Shares

Re: Food Prices Are Coming Down — Garba Shehu by Omooba77: 1:43pm On Sep 11
Telling lies should be punishable.

16 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by ForeThinker: 2:02pm On Sep 11
For your village abi?

19 Likes

Re: Food Prices Are Coming Down — Garba Shehu by oluwaseunamos33(m): 2:02pm On Sep 11
ok
Re: Food Prices Are Coming Down — Garba Shehu by PureGoldh(m): 2:02pm On Sep 11
Smh...Make I no talk wetin dey my mind first

Meanwhile,my people..if you need Pure Original Honey... kindly contact O81 O1 66 67 71 let's talk about it now..Stay blessed and safe fam.. Cheers

2 Likes

Re: Food Prices Are Coming Down — Garba Shehu by Lamasta(m): 2:02pm On Sep 11
Anything that goes up in Nigeria hardly comes down especially prices of food items

7 Likes

Re: Food Prices Are Coming Down — Garba Shehu by donestk(m): 2:03pm On Sep 11
Not true
Re: Food Prices Are Coming Down — Garba Shehu by OtemAtum: 2:03pm On Sep 11
Audio coming down undecided Price of yams that normally fill my car boot has added an extra cost of #8,000 just last week and these propagandists are telling this kind of lies shocked

17 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by Promoter2: 2:03pm On Sep 11
This is an insult to Nigerians. Plain stupid

14 Likes

Re: Food Prices Are Coming Down — Garba Shehu by Judolisco(m): 2:03pm On Sep 11
Jokers

2 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by Peacemaker5129(f): 2:03pm On Sep 11
Ipobarecriminals
Re: Food Prices Are Coming Down — Garba Shehu by Bixobo(m): 2:03pm On Sep 11
We pray so because it's unbearable

Re: Food Prices Are Coming Down — Garba Shehu by Romanoff(f): 2:03pm On Sep 11
This one obviously hasn't been to the market lately.

2 Likes

Re: Food Prices Are Coming Down — Garba Shehu by rentAcock(m): 2:03pm On Sep 11
I must be living in an alternate universe from this guy. Food prices around my area has skyrocketed in the past 6 months without any end in sight.

Win N5,000 by participating in the Naija Quiz Show tomorrow Sept 12th, at 9pm. See previous shows
https://www.nairaland.com/5429655/naija-quiz-show-5-win#82439203

2 Likes 1 Share

Re: Food Prices Are Coming Down — Garba Shehu by Esseite: 2:04pm On Sep 11
Hmmm
Re: Food Prices Are Coming Down — Garba Shehu by jericco1(m): 2:04pm On Sep 11
Audio.. you people should be ashamed of yourselves, you people came into power and defecate on your faces, played on our conscience and preyed on our trusts.
How can an average Nigerian afford such with a minimum wage the size of a peanut.

God will judge all of you.
Continue angry undecided

16 Likes

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