The President at the time also ruled out the importation of food items, adding that he wouldn’t set up a price control board.

“What I will not do is to set a price control board. I will not also approve the importation of food,” the President said.

“We should be able to get ourselves out of the situation we found ourselves in because importation will allow rent seekers to perpetrate fraud and mismanagement at our collective expense. We would rather support farmers with schemes that will make them go to the farm and grow more food for everyone in the country.

“We must also look at the rapid but thoughtful implementation of our livestock development and management plans, including dairy farming and others,” the President stated.

The President had also ordered the release of grains to ease the rising cost of food items but many Nigerians continue to express their displeasure over the economic hardship in the country.