¶¶ ABUJA (SUNDIATA POST) — The Tinubu Media Volunteers (TMV) have praised President Bola Tinubu’s new policies to lower rising food prices as “radical and proactive.” Chukwudi Enekwechi, the group’s chairman, and Sunday Gyungoun, the group’s secretary, expressed optimism in a statement released on Saturday in Abuja that the actions “will soon bear fruit.” The report stated, “The steps will stop inflation and aid in lowering food costs in the nation.” The group praised the bold choice to temporarily remove import duties on specific foods, saying it was a step in the right direction. ¶ “We have studied all proactive measures, including the suspension of duties, tariffs, and taxes on imports of wheat, corn, eye peas, and husked brown rice, among others. “These moves will unquestionably reduce the country’s food costs,” the group stated. ¶ According to TMV, the measures are a result of real worries and interest in the well-being of people and farmers. The intervention was anticipated to lessen the food industry’s inflationary trend and free up 250,000 tonnes of wheat and 250,000 tonnes of maize. ¶ “For us, these proactive interventions demonstrate the government’s responsibility and responsiveness to the people’s demands. “We are convinced that addressing food security issues in the immediate term will ultimately result from these steps. “We also admire the work done to establish suggested retail pricing for imported food products, which will make these items available and reasonably priced. ¶ ‘We are convinced that this control mechanism will stop the excesses of unscrupulous intermediaries who are seeking to benefit from the circumstance,’ the group said. (NAN)
ABUJA (SUNDIATA POST) – The Tinubu Media Volunteers (TMV) have described as “radical and proactive” the new measures taken by President Bola Tinubu to bring down the rising food prices.
The chairman, Chukwudi Enekwechi, and secretary, Sunday Gyungoun, expressed optimism in a statement on Saturday in Abuja that the measures “will soon bear fruit”.
“The measures will halt inflation and help reduce food prices in the country,” the report said.
The organisation praised the bold initiative to temporarily lift import duties on certain food products, saying it was the right step in the right direction.
“We have reviewed all proactive measures including the suspension of duties, tariffs and taxes on imports of wheat, corn, eye peas and husked brown rice, among others.
“We believe that these steps will definitely reduce food prices in the country,” the group said.
According to TMV, the measures stem from genuine concerns and interests in the well-being of the population and farmers.
The intervention was said to reduce the inflationary trend in the food sector and pave the way for 250,000 tonnes of wheat and 250,000 tonnes of maize.
“For us, these proactive interventions are a sign that the government is responsible and responding to the wishes of the population.
“We are confident that these measures will ultimately address the problem of food insecurity in the very short term.
“We also recognise the drive to establish recommended retail prices for imported food products as this will make these products available and affordable.
“We are confident that this control measure will counter the excesses of timid intermediaries who seek to take advantage of the situation,” the group said. (NAN)
