The Agriculture Minister, Audu Ogbeh who is also the chairman of the presidential task force on soaring prices of foodstuffs has disclosed that food prices will drop within the next two weeks.
The Agric Minister made this known dueing an interview with Leadership.
Audu Ogbeh during the interview noted that the prices of rice and other food stuffs would fall while stating the efforts of the federal government in easing life for the citizens.
He said: “The federal government will intervene on the prices of rice and other commodities in the next two weeks. Details of the intervention would be spelt out for all Nigerians.
“We are talking to farmers to ensure that the prices are drastically reduced. Government has also put in place different measures aimed at making farming encouraging. Although the high price is bad for non-farmers, it is good for the country because more and more people will rush to agriculture.
“At the end of it all, production will increase and prices will necessarily fall.”