Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC) in Osun state, says rising food prices are causing concern and terrible hardship for millions of Nigerian citizens.
In an interview with media on Saturday, Oyintiloye stated that the increase in food costs is making it impossible for many Nigerians to afford nutritious meals.
Oyintiloye went on to say that all levels of government must intervene immediately.
He stated that despite the federal government’s food waiver policy and the Central Bank of Nigeria’s (CBN) intervention, food prices remain prohibitively expensive.
“The exchange rate fluctuations further exacerbate this issue, particularly affecting the prices of imported food items. The situation on the prices of food is becoming worrisome and extremely unbearable for the masses,” he said.
“Many households can no longer afford nutritional meals, while many are begging for survival. This is pathetic and no longer bearable for the masses.
“I urge governors and the federal government to intensify efforts and to stop further increase in the cost of food items. The situation may worsen, if factors leading to the increase are left unattended to.”
He urged the Federal Competition and Consumer Protection Commission (FCCPC) to continue to protect the interests of consumers.
“The federal government and states should set up food markets for people to buy basic food items at subsidized rates to cushion the challenge, at least for this festive season,” he said.
