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Techfile: Lai Muhammed Reveals Why There Is High Cost Of Food Items Even After Coming Out Of Recession - latest news
The Federal Government says despite the
revolution witnessed in the agricultural sector,
the cost of food items is still high because of
infrastructural deficit and export demands.
The Minister of Information and Culture, Alhaji Lai
Mohammed, said this on Tuesday when he featured
on Africa Independent Television (AIT’s) Current
Affairs programme “Focus Nigeria”.
“Despite the fact that the production of staples
like rice, grains, yam has increased with the
agriculture revolution of the government, food
items are still on the high side.
“There are many reasons why the prices are still
up there but principally, I think it is infrastructural
deficit.
“By this, I mean what it takes to bring the
produce from the farms to the farm gates and
from the farm gates to the city centres and this
may not improve until various road and rail
projects are completed.
“The good news, however, is that from October
this year, the General Electric, which has the
concession for the 3,500 narrow gauge rail routes
will commence work.
“The Lagos to Kano standard gauge rail project
and the Lagos to Calabar rail lines which will
criss cross all the South Eastern States are
priority projects of the government.
“That will help in the transportation of goods and
services including agricultural produce at a far
cheaper fare and that will percolate to the
common man,” he said.
The minister said that the government would leave
no stone unturned to ensure that the Lagos to
Ibadan, Kano to Maiduguri and other critical roads
across the country were completed.
Mohammed also explained that “there is so much
demand on our grains and cereals from other parts of
Africa.
“You cannot stop the farmers especially with the
ECOWAS Protocols that allows for free
movement of goods and services.
“There is also a lot of demand for our grains from
other parts of the world and as a matter of fact,
we got over N30 billion from agricultural export
in the second quarter of this year.
“I believe that with the economy picking up and
the various infrastructural development coming
up, Nigeria will very soon start to feel some
relief.
“Also the Presidential initiative to employ 10,000
people from each state in the agricultural sector
will bring succour and a lot of relief,” he said.
Speaking on his hopes and fears for the country, the
minister said that, 57 years after independence, he
was very confident and optimistic that Nigeria will be
great.
“Living together for 57 years as an independent
country with all the ups and downs and
challenges and we are going stronger in all
ramification.
“The present administration is getting its priorities
right and focussed on the economy, good
governance, security and improving the quality of
life of Nigerians,” he said.
The minister reiterated the position of President
Muhammadu Buhari that with Nigeria exiting
recession, the administration would not rest on its
oars until the impact is felt by all Nigerians.
He said it was on record that since January, the
country had recorded monthly steady reduction on
headline inflation.
“Capital inflow has improved from 902 million
dollar in first quarter to 1.792 billion dollars in
second quarter.
“We have been able to add additional 8 billion
dollars to our foreign reserve which was 23.7
billion dollars last year, but now 33.5 billion
dollars this year.
“Our Balance of Trade has increased, farmers
today get fertiliser at N5,500 as opposed to
N13,000 before and we were able to deliver the
fertilisers to farmers before the planting season.
“These are incremental gains and if we remain
focussed on our reforms, all these will improve,”
he said.
For those criticising the president on his Independence
Address to the nation, the minister said that Buhari
addressed issues that were germane to national
development.
He said Buhari’s speech touched on national security,
economy, corruption, unity and development as well
as the achievements recorded by the administration
despite constraints.
The minister said that though the government had
made its position clear on the agitation for
restructuring, but “the greatest threat we have today
is not restructuring but it is about corruption”.
“I make bold to say that corruption is the bane
of the country and the biggest threat to our
existence.
“Year in year out, huge sums of money are
voted for and released for projects that will
touch the lives of Nigerians but they are stolen
and these projects are left abandoned.
“It is interesting that those people who are
vociferous about restructuring are the same
people that were in power for 16 years and they
did not do anything about restructuring,” he said.
The minister commended the ruling APC for creating
the platform to get the aggregate of the views of
Nigerians as to what they meant by restructuring.
-NAN
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