Presidency credits Tinubu govt’s efforts on insecurity for food price reduction

The Special Adviser on Policy Communication to the President, Daniel Bwala has revealed the reasons behind the recent reduction in the prices of food items in the country.

In a post on his X handle on Monday, Bwala points to President Bola Tinubu administration’s aggressive efforts in tackling insecurity as the major reason behind the food price reduction.

This reduction, according to Bwala, is due to the President Bola Tinubu administration’s aggressive efforts in tackling insecurity.

He dismissed claims that the price reduction was driven by increased importation.

Instead, he asserted that improved security conditions have restored confidence in the agricultural sector, leading to increased local production.

Bwala stressed that the government’s decisive actions against banditry, terrorism, and farmer-herder conflicts have encouraged farmers to return to their farmlands, boosting food supply and stabilizing prices.

READ ALSO: Amid rising food prices, Nigeria’s Inflation skyrockets to 33.88% for October

“The reason the food prices are crashing is because we have dealt a heavy blow to insecurity, hence farmers enthusiastically go to farm and do what they do best. President Tinubu @officialABAT means business,” he wrote.

He dismissed the food importation narratives as fake news spread by individuals unhappy with the government’s security gains.

“Ignore the sore losers who are peddling fake news that importation is the reason for crashing prices and that President Tinubu is destroying the economy of the North. Such individuals are probably not happy that we are dealing with insecurity,” he added.

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