The Nigerian government has announced the establishment of centers across the country selling 50kg bags of rice for N40,000 each.
This initiative, revealed by Minister of Information and National Orientation, Mohammed Idris, is part of the administration’s efforts to address rising living costs and counteract the need for a planned nationwide protest.
Idris explained that the new program, which was discussed during the Federal Executive Council (FEC) meeting led by President Bola Tinubu, is aimed at easing food prices and reducing public unrest.
He emphasized that the administration is already taking action to address the concerns driving the planned protest, scheduled to start on August 1.
“President Tinubu is actively addressing the issues raised by those planning the protest,” Idris stated. “For instance, rice is now being sold at half its cost, with centers set up nationwide to distribute it at N40,000 per 50kg bag.”
The minister further noted that the FEC believes many of the protestors’ demands are already being met through various government interventions.
These include the distribution of essential food items and the disbursement of student loans aimed at alleviating educational costs.
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Idris also pointed out the government’s commitment to broader economic reforms, including investments in agriculture and a transition to cleaner energy sources, which are expected to reduce transportation costs significantly.
In addition, the federal government is encouraging young people to reconsider participating in the protest, citing the risk of violence and disruptions.
Idris reiterated that while the right to peaceful protest is protected, the government urges citizens to weigh the potential consequences and consider alternative ways to address their grievances.
“The government respects the right to peaceful protest, but we are urging people to think carefully about the possible repercussions,” Idris added. “We aim to ensure that these protests do not escalate into violence and disrupt the nation’s stability.”
As part of its ongoing efforts, the government has also relaunched a N110 billion youth investment fund, aimed at creating job opportunities and supporting young Nigerians amid the current economic challenges.