EXCLUSIVE: Northern senators move against Akpabio over alleged N4trn budget paddingClimate change, extreme weather, conflict exacerbate global food crisisEXCLUSIVE: Northern senators move against Akpabio over alleged N4trn budget paddingClimate change, extreme weather, conflict exacerbate global food crisisAkwa Ibom State Governor, Umo Eno of Akwa Ibom State has rejected an appeal to include “eggs” among the food items that the state government will sell to vulnerable people at a subsidised...
In response to the ballooned prices of commodities, Governor Eno, weeks ago, forwarded to the state assembly, a bill for the establishment of a Bulk Purchase Agency which will buy food items in bulk and sell to the vulnerable people at a subsidised rate. “Poor people don’t eat eggs. Let’s look at staple foods,” the governor responded, while emphasising that the programme, being an intervention, will not last forever.
Giving details of the scheme, Mr Ekpenyong said the state government selected the accredited market agents that will sell the staple food items to the beneficiaries, who are to pay 70 per cent while the government subsidises 30 per cent, including a provision of five per cent as service charge to the market agents.
“The agents will take the vouchers to the government and claim their money with 5 per cent interest as a service charge,” Mr Ekpenyong added.The voucher is designed and printed by the Nigerian Security Printing and Minting Company, a Nigerian company which also handles the printing of the nation’s currency – naira.
He asked if the government or consumers would pay the five per cent service charge as contained on the vouchers, particularly for the price of garri, which is estimated to cost N7,000 for a 10kg bag.
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