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Food Prices Soar as Nigerians Stock up as Nationwide Protest Begins

byGrace Amos
August 1, 2024
in Breaking News
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As the planned #EndBadGovernance protest is set to begin today, prices of foodstuff have surged in major markets across the country, with Nigerians engaging in panic buying to stock up their homes. Despite last-minute efforts by the Federal Government to stop the protest, the organizers remain resolute, demanding improved living conditions and a reversal of harsh government policies, including the removal of petrol subsidy.

The government’s attempts to halt the protest include an emergency press conference by the Secretary to the Government of the Federation, Senator George Akume, and appeals from top officials such as the Minister of Information and National Orientation, Mohammed Idris, and the Inspector-General of Police, Kayode Egbetokun. They highlighted the government’s people-oriented policies and programs, seeking understanding from Nigerians.

However, the protest organizers are undeterred, citing the soaring cost of living and security issues in farming regions, which have led to increased transportation costs and food inflation. The National Assembly also held an emergency plenary, with the Speaker of the House of Representatives, Tajudeen Abbas, appealing to the protest organizers to engage in dialogue with the government.

The government has acknowledged the right to peaceful protest but expressed concerns about the potential hijacking of the protest by criminals. The Secretary to the Government of the Federation emphasized the need for vigilance and dialogue, highlighting the administration’s accomplishments in the past 14 months, including interventions aimed at addressing economic challenges.

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Grace Amos

Grace Amos

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