Prices of food items are coming down – Garba Shehu

News Express |11th Sep 2020 | 1,096
Prices of food items are coming down – Garba Shehu

Presidential spokesman, Garba Shehu



Contrary to complaints from many Nigerians, the Presidency has said that the prices of food items across the nation are dropping.

Speaking on behalf of the presidency, Mr Garba Shehu says the significant drop in prices of food items stems from President Muhammadu Buhari’s reforms in the agricultural sector.

Mr Shehu who on Friday was a guest on Channels Television’s Sunrise Daily said though prices may differ depending on the state and area, however, on the general, there is a drop in prices of food items.

While reacting to the President’s directive Thursday that the Central Bank of Nigeria should with immediate effect stop the release of money for food and fertiliser importation, the presidential spokesman said his principal’s intentions are in the best interest of the country.

He said, “Nigerians must give consideration for the fact that the President’s directive to the CBN is driven by nothing other than a patriotic motive”.

According to Mr Shehu, this directive falls in line with the President’s quest to boost agriculture in the country, a position to which some persons disagree, arguing that the CBN’s policies should not be imposed by a political authority.

Addressing those who hold the view that Buhari’s directive is overreaching, Mr Shehu said, “I am not sure there is anywhere in the world that the Central Bank is So independent that it will operate as foreign ownership”. (Channels TV)

Comments

Post Comment

Wednesday, September 24, 2025 2:27 PM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025