Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that President Bola Tinubu’s administration inherited a surge in food and general commodity prices from the previous government.
However, he emphasized the government’s commitment to reducing food prices and tackling the nation’s high inflation rate.
Speaking at the Public Wealth Management Conference in Abuja on Tuesday, February 20, the finance minister acknowledged the hardships faced by Nigerians and outlined measures taken to alleviate their suffering.
He revealed that, as part of these interventions, the government has released 42,000 metric tons of grains, with an additional 60,000 metric tons scheduled for release soon.