The Minister of Information and National Orientation, Mohammed Idris, has reaffirmed the Federal Government’s commitment to lowering the cost of food commodities through massive investments in agricultural production.
Idris stated this in Abuja on Tuesday at a press briefing to kick-start the Ministerial Briefing Session for 2025.
He emphasized that while the government will not impose price controls on food commodities, in line with the principles of a free-market economy, it remains focused on reducing prices by boosting agricultural production and increasing supply.
While speaking on the successes in the security sector, Idris said in 2024, the security forces neutralized more than 8,000 terrorists and bandits, and arrested 11,600 others, with more than 10,000 weapons recovered.The Minister also revealed that NELFUND has disbursed N32.8 billion to over 169,000 students in school fees and upkeep allowances.
On the economy, Idris stated that the Federal Government’s reforms are delivering significant results across key sectors, particularly with the removal of fuel subsidy, which has successfully plugged leakages amounting to hundreds of billions of Naira annually.
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