{"id":88438,"date":"2021-10-01T13:56:58","date_gmt":"2021-10-01T12:56:58","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=88438"},"modified":"2021-10-01T14:03:47","modified_gmt":"2021-10-01T13:03:47","slug":"middlemen-responsible-for-food-shortage-says-president-buhari","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/01\/middlemen-responsible-for-food-shortage-says-president-buhari\/","title":{"rendered":"Middlemen responsible for food shortage, says President Buhari"},"content":{"rendered":"<p>Nigeria&#8217;s President Muhammadu Buhari has blamed middlemen for the hike in the prices of food items.<\/p>\n<p>This was made known by the president on Friday during his nationwide address to mark Nigeria&#8217;s 61st independence anniversary.<\/p>\n<p>Buhari also said<\/p>\n<p>The president said middlemen have created \u201cartificial shortages\u201d through the hoarding of essential commodities for profiteering.<\/p>\n<p>Buhari said the agricultural sector remains the key to the country\u2019s economic diversification, adding that <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/09\/15\/gov-abiodun-seeks-n83-5-billion-loan-to-improve-agriculture-solid-minerals-tourism-others\/\">agriculture<\/a> is a consistent driver of the non-oil sector.<\/p>\n<p>\u201cThe agricultural sector remains key to our economic diversification efforts as the sector has been a consistent driver of the non-oil sector contributing 22.35% and 23.78% to the overall\u00a0<a href=\"https:\/\/en.wikipedia.org\/wiki\/Gross_domestic_product\" target=\"_blank\" rel=\"noopener\"><strong>GDP <\/strong><\/a>in the first and second quarter of 2021,\u201d the president said.<\/p>\n<p>\u201cWe have seen significant private sector investments in almost all areas of the agricultural value chain. And these have continued even during the COVID-19 pandemic.<\/p>\n<p>\u201cUnfortunately, as our food production capacity has increased, food prices have been going up due to artificial shortages created by middlemen who have been buying and hoarding these essential commodities for profiteering.<\/p>\n<p>\u201cTo address this, I am hereby directing the Ministry of Agriculture and Rural Development to rehabilitate the National Food Reserve Agency and also work with security agencies, the Nigerian commodity exchange, and the national assembly to find a lasting solution to these disruptive and unpatriotic hoarding activities.\u201d<\/p>\n<p>In July 2021, the president blamed middlemen for the hike in food prices and he has maintained this stance on other occasions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria&#8217;s President Muhammadu Buhari has blamed middlemen for the hike in the prices of food items. This was made known by the president on Friday during his nationwide address to mark Nigeria&#8217;s 61st independence anniversary. Buhari also said The president said middlemen have created \u201cartificial shortages\u201d through the hoarding of essential commodities for profiteering. Buhari [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":59823,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[371,15070,18993,10436],"class_list":["post-88438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-fg","tag-food-shortage","tag-middlemen","tag-muhammadu-buhari"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Middlemen responsible for food shortage, says President Buhari<\/title>\n<meta name=\"description\" content=\"Nigeria&#039;s President Muhammadu Buhari has blamed middlemen for the hike in the prices of food items.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/01\/middlemen-responsible-for-food-shortage-says-president-buhari\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Middlemen responsible for food shortage, says President Buhari\" \/>\n<meta property=\"og:description\" content=\"Nigeria&#039;s President Muhammadu Buhari has blamed middlemen for the hike in the prices of food items. 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