- He asked FCCPC to continue to protect the interests of consumers.
Olatunbosun Oyintiloye, a prominent figure in the All Progressives Congress (APC) in Osun State, has voiced concerns about the escalating cost of food, describing it as “worrisome and unbearable” for many Nigerians.
Speaking in an interview on Sunday, Oyintiloye highlighted the difficulties households face in affording basic meals, emphasising the need for immediate government intervention to address the crisis.
Despite government measures, such as the food waiver policy and Central Bank interventions, food prices remain excessively high.
Oyintiloye attributed part of the issue to exchange rate fluctuations, which have increased the cost of imported food items.
“The situation on the prices of food is becoming worrisome and extremely unbearable for the masses.
“Many households can no longer afford nutritional meals, while many are begging for survival,” he said.
Oyintiloye urged the government to take decisive action to curb food price hikes.
He also called on the Federal Competition and Consumer Protection Commission to continue protecting consumer interests.
“The federal government and states should set up food markets for people to buy basic food items at subsidized rates to cushion the challenge, at least for this festive season,” he said.
Oyintiloye warned that if underlying factors driving food inflation are not addressed, the situation may worsen.
Discussion about this post