The President assured Nigerians that the situation is transient. His administration has already begun looking and putting in place measures to ameliorate the situation.
“The effect has been deeply felt in the delays encountered in procurement of raw materials for local production of fertilizer and the speculative activities by a number of rice processors who are ready to pay for paddy at any price to keep their mills running non-stop. “President Buhari administration has raised some of these issues with the various food producer associations involved, particularly those of rice and other grains.“In addition, investments in the agro-allied sector by the private sector will significantly increase domestic production of farming inputs especially fertilizer, further crash prices, create employment and ease the pressure on our foreign reserves.