Expert wants government to do needful in reducing food prices
The aftermath of COVID-19 is having a negative impact on the global economy especially in the area of commercial and market evaluations.
Nigeria was one of the most worst hit in the African sub region as economy has been dragging since the nationwide lockdown was lifted.
Part of the end products of the pandemic was the unbearable nature of food prices across Nigerian markets.
According to the world food programme numbers of people suffering from hunger could double by end of year 2020.
The corona virus pandemic is now impacting global food system disrupting agriculture value chain and posing a risk to household food security.
A financial expert Smart Apejoye said what is happening at the moment is not just a Nigeria thing but federal government needs to do more.
Food price ranging from rice, gari, yam, onions have skyrocked making it impossible for average Nigerian to live a comfortable and fulfilled life.
At the moment a bag of foreign rice is above thirty thousand naira a bag of garri is 9,000 naira while price of yam has also increased.
Some of the market women who spoke expressed worry that if the trend continues that the situation might get worsen.