Escalating Food Prices: FG to Establish National Commodity Board

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The Nigerian government has assured that plans are underway to establish a National Commodity Board as a solution to the escalating food prices in the country.

In9ja.com, gathered that the commodity board will be expected to assess and regulate food prices, as well as maintain a strategic food reserve for stabilizing prices of crucial grains and other food items.

Vice President, Kashim Shettima, dropped the hint on Wednesday during a two-day high-level strategic meeting on climate change, food systems and resource mobilization at the Presidential Villa, Abuja.

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