The Federal Government has approved the setting up of a Task Force saddled with the responsibility of addressing the rising cost of food items across the country.
The Minister of Information and Culture, Alhaji Lai Mohammed, stated this while briefing State House correspondents alongside the Minister of Finance Kemi Adeosun and Minister of State for Aviation Hadi Sirika.
The meeting, which was held at the Council Chamber of the Presidential Villa, Abuja, was presided over by the acting President, Prof. Yemi Osinbajo.
Mohammed said the Federal Government is concerned over the exorbitant prices of the food items and is determined to something urgently to reverse the trend.
He listed members of the task force as; the ministers of agriculture, finance, water resources and transportation.
“The major highlight is the council has resolved to set up task force on food security. Government is quite concerned about the rising cost of food items and the fact that more often than not, even when these products are available and are in the market, they are sold at very exorbitant prices.
“So, the government has set up a task force on food security to ensure that an end is put to the wastages that occur and with tons and tons of produce lying fallow in farms or getting rotten in markets.
“It is an inter-ministerial committee made up of the ministers of agriculture, finance, water resources, transportation,’’ he said.
Mohammed said the task force, which has one week to submit its interim report to the Council, would suggest areas of intervention by the government.
He stated that the intervention could be in the area of subsidy in transportation.
He said: “This is being worked out, but this goes to show that government is very much concerned about the rising cost of food and we are responding to it.
“The committee, hopefully, is expected to report back to council next week, and concrete actions would be taken.