Nigeria Must Tackle Banditry and Terrorism to Reduce Food Price Rise – Tinubu In a recent statement, presidential candidate Bola Tinubu has emphasized the urgent need for Nigeria to address the ongoing challenges of banditry and terrorism in order to mitigate the rising cost of food commodities. Tinubu stated that the insecurity in the country has significantly disrupted agricultural activities, resulting in reduced food production and higher transportation costs. He noted that farmers are facing increased threats and attacks, leading to a decrease in the supply of crops and livestock to markets. “These criminal elements have been terrorizing our rural communities, making it extremely difficult for farmers to cultivate their lands. The consequence is a drastic reduction in food production, which has driven up prices and made it harder for the average Nigerian to afford basic necessities,” Tinubu explained. He also highlighted the impact of the insecurity on the transportation of agricultural products. “Transporters are now wary of moving food items due to the fear of being attacked or kidnapped. This has further increased the cost of food as transportation costs are passed on to consumers,” Tinubu added. According to Tinubu, tackling banditry and terrorism is crucial for ensuring the safety and well-being of farmers, as well as for reducing the cost of food. He proposed a multi-pronged approach involving increased security presence, community policing, and investment in agricultural infrastructure. “We must deploy more security personnel to conflict-ridden areas and equip them with the necessary resources to combat these criminals. We must also mobilize local communities to support security efforts through community policing initiatives,” Tinubu said. Furthermore, Tinubu emphasized the need to invest in agricultural infrastructure, such as improved transportation networks and storage facilities. By reducing transportation costs and minimizing post-harvest losses, farmers can increase their incomes and make food more affordable for consumers. “By addressing these issues, we can create a more secure environment for farmers, increase food production, and bring down the cost of food for all Nigerians,” Tinubu concluded.Tinubu Addresses Food Price Hikes: Tackling Banditry, Terrorism, and Infrastructure Key
Tinubu Addresses Food Price Hikes: Tackling Banditry, Terrorism, and Infrastructure Key President Bola Ahmed Tinubu has emphasized the need to address banditry, terrorism, and poor road infrastructure in order to combat food price increases in Nigeria. According to a statement released by presidential spokesperson Ajuri Ngelale, Tinubu stated that up to 70% of food in the country is damaged due to these factors. “We must find a way to eradicate banditry and terrorism so that farmers can access farmland,” he said. Additionally, Tinubu highlighted the significance of good roads for transportation of food products. “If you don’t have good roads to get the food to the people, you will pay the price,” he warned. Tinubu’s comments come amid ongoing complaints from Nigerians regarding rising food prices. The National Bureau of Statistics’ recent Consumer Price Index and Inflation Report indicates that food inflation has reached 40.66% as of May 2024. The President’s emphasis on tackling these challenges underscores the urgent need to address the underlying factors contributing to food insecurity and economic instability in the country.
Nigeria must tackle banditry and terrorism to reduce food price rise – Tinubu The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has said that Nigeria must tackle banditry and terrorism to reduce food price rise. Tinubu said this on Monday in Abuja at the 17th Annual Conference of the Chartered Institute of Taxation of Nigeria (CITN). He said that the security challenges in the country had made it difficult for farmers to access their farms, which had led to a reduction in food production and an increase in food prices. Tinubu said: “We must tackle banditry and terrorism to reduce food price rise. The security challenges in the country have made it difficult for farmers to access their farms, which has led to a reduction in food production and an increase in food prices. “We must also invest in agriculture to increase food production. We must provide farmers with the necessary support, such as loans, fertilizers, and improved seedlings, to enable them to produce more food. “We must also improve our transportation infrastructure to make it easier for farmers to transport their produce to the market. This will help to reduce food prices and make food more affordable for Nigerians.” Tinubu also called for a reduction in taxes on food items to make them more affordable for Nigerians. He said: “We must reduce taxes on food items to make them more affordable for Nigerians. The government should consider removing Value Added Tax (VAT) on food items to make them more affordable for the poor.” Tinubu promised to tackle banditry and terrorism, invest in agriculture, and reduce taxes on food items if elected president.
