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Home Agribusiness

Buhari orders release of 40, 000 Tons of Grains

Business 360 by Business 360
April 13, 2022
in Agribusiness
0
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The President, Major General Muhammadu Buhari (retd.), has ordered the release of about 40,000 metric tonnes of assorted grains from the Strategic Grains Reserve. This was after a meeting with the Minister of Agriculture and Rural Development, Muhammad Abubakar.

Abubakar, who spoke to State House correspondents shortly after the meeting with the President, said the grains were being released to cushion the effects of rising prices of commodities, especially during the Easter and Ramadan period.

He noted that 12,000 metric tonnes of the grains would be released to the Ministry of Humanitarian, Disaster Management and Social Development for distribution. He noted that 12,000 metric tonnes of the grains would be released to the Ministry of Humanitarian, Disaster Management and Social Development for distribution.

President Muhammadu Buhari. He directed and approved the release of grains from our Strategic grain Reserve by the Federal Ministry of Agriculture and Rural Development.

 “This is to cushion the effect of some of the issues we are facing with high prices of commodities across the country and the festivities-Ramadan, Easter, Sallah-so that there will be a little cushion for the people during these festivities.

“Not just us, the Federal Minister of Agriculture and Rural Development, but also that we’ll be giving some of these grains also to the Ministry of Humanitarian Affairs to also do the same distribution, the grain is coming from our Strategic Grains Reserve, as directed by Mr. President,” he said.

When asked about the kind of grains the Federal Government would be doling out to cushion the scarcity, Abubakar said, “Usually, we have sorghum, maize, millet and the rest of them. We will be releasing an assortment of grains that are in our grain reserves. They are located across the entire country in probably the six geopolitical zones; we have grain silos”.

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