We may open grain reserves – FG

In a bid to address the rising costs of food prices in the country, the federal government is considering opening the nation’s grain reserves.

The Minister of Agriculture and Rural Development, Audu Ogbeh, disclosed this in an interactive seesion with journalists in Abuja. He expressed worry over the rise in food prices but was delighted over the drop in prices of some crops.

“Maize has dropped from N180,000 per ton to N140,000 and in Kaduna farmers are willing to sell at N135,000″, he said.

Ogbeh further noted that there are grain harvests ongoing in some parts of the country with stocks of previous harvest still in storage houses. He however reassured Nigerians that rumors about food shortage in the country was unfounded.

“Despite the quantities of food that West African countries have carried from Nigeria, there are still a lot in the store unfortunately the prices are still high,” he emphasized.