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General News of Monday, 17 October 2022

Source: www.mynigeria.com

Soaring food inflation casues by flooding of farmlands - Peter Obi

Peter Obi Peter Obi

Peter Obi, the presidential candidate of the Labour Party in the forthcoming general elections, has argued that the recent flooding in 27 of Nigeria’s 36 states is responsible for the high food inflation rate in the country.

Obi disclosed this in a statement issued via Twitter while commenting on the devastating flooding caused by heavy rainfall and the release of water from the Lagdo Dam in Cameroon.

He added that insecurity is also a major contributing factor to the rising food inflation in the country. He then promised that if elected President, his administration will ensure that the vast arable lands across the country are well utilised for food production.

"While insecurity has kept farmers away from their farmlands, the lack of investment in agriculture has caused the sector to continue to perform poorly.

“In pursuance of our vision of moving the country from consumption to production, I will tackle insecurity as my priority in government, while ensuring that the vast lands littered across the nation, especially in the North, are well invested in for massive food production,” he added.


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