Food security: Buhari slashes price of fertilizer

Food security: Buhari slashes price of fertilizer

- For the benefit of Nigerians, the price of fertilizer has been slashed

- The National Food Security Council (NFSC), following the approval of President Muhammadu Buhari, cut the price of fertilizer from N5500 to N5000

- This was revealed on Wednesday, September 23, by a presidential media aide, Lauretta Onochie

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As a way of ensuring adequate food supply for all Nigerians, President Muhammadu Buhari has reduced the price of fertilizer by a significant cut.

According to a tweet by Lauretta Onochie, President Buhari's special assistant on new media, the price of the commodity was slashed from N5500 to N5000.

Onochie revealed that this decision was in line with the recommendation of the National Food Security Council (NFSC) chaired by the governor of Kebbi, Atiku Bagudu.

Food security: Buhari slashes price of fertilizer
President Muhammadu Buhari (Photo credit: TVC News)
Source: Depositphotos

On her Twitter page, Onochie said:

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"President @MBuhari has approved the further reduction of the price of fertiliser, from ₦5500 to ₦5000 per bag.
"This was disclosed to State House correspondents after the meeting of the National Food Security Council by the Vice-Chair of the Council, Gov. Atiku Bagudu of Kebbi."

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This move, no doubt, will to a large extent improve demand for the product and eventually ensure the cultivation of crops and the growth of the agricultural sector.

Earlier, members of the NFSC were said to be having a crucial meeting with President Buhari at the State House, Abuja.

State governors in attendance at the meeting included Alhaji Atiku Bagudu of Kebbi, Babajide Sanwo-Olu of Lagos, Alhaja Mohammed Badaru Abubakar of Jigawa, Simon Lalong of Plateau, Darius Ishaku of Taraba, and Dave Umahi of Ebonyi.

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Some ministers like that of finance, budget and national planning, Zainab Ahmed, interior, Ogbeni Rauf Aregbesola, humanitarian affairs, disaster management and social development, Hajiya Sadiya Umar Farouq and top government officials were also at the meeting.

Other top government operatives in attendance were Secretary to the Government of the Federation (SGF) Boss Mustapha, National Security Adviser (NSA) Babagana Monguno and the chief of staff to the president, Ibrahim Gambari.

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