c reserves as part of efforts to tackle high cost of food in the country.
“President Buhari’s administration has raised some of these issues with the various food producer associations involved, particularly those of rice and other grains.The presidential aide said Buhari had expressed the concern of his regime about the hike in food prices at a time when the economy is already mired in a slowdown occasioned by the global coronavirus situation.
“This year has, indeed, tested us in ways that globalisation has never been tested since the turn of the century. These challenges have disrupted lives and supply chains all over the world, and Nigeria has not been spared. “In dealing with these problems, the administration has, in line with its ease of doing business mantra, avoided imposing stockholding restrictions, in order not to discourage investments in modern warehousing and cold storage.”
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