Buhari's government will respond to rising food prices by 2021

President Buhari, attending a meeting of the president's economic advisory council, promised that the government would focus on rising food prices in the new year, the Daily Mail reported on December 29.
he directed the central bank (CBN) to ban foreign exchange for food imports and said agricultural development had come a long way since the government's plan to diversify the economy away from over-oil dependence.
agriculture play an important role in the post-epidemic economic recovery.
seven states are already producing rice, and Nigeria must eat local food.
In addition, consensus was reached on a number of issues, including noting the sharp deterioration of the international economic environment and its impact on Nigeria's sustained but fragile economic recovery, which continued to be constrained by obvious challenges, including inadequate infrastructure and limited government financing resources, the need to make the private sector, not the Government, the main source of investment, the need to prepare for future challenges, the need to ensure macroeconomic stability and certainty, the rebuilding of investor confidence in the economy, and the need to deepen the structural reforms initiated by the Government as a basis for stimulating investment from domestic and international sources in order to increase the efficiency of investment in key sectors of the economy.
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