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Tackling food inflation: FG gives 36 governors special intervention fund of N30bln each, says Akpabio

Additionally, he warned that the money should be used expressly to address the problem of inadequate food supplies and advised against using it for "unrelated purposes."

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In a bid to address the skyrocketing cost of living in each state of the federation, the Federal Government, through the Federal Inland Revenue Service (FIRS), has disbursed an additional N30 billion to each state governor, Senate President Godswill Akpabio has disclosed.

Akpabio, who revealed this at plenary session in the Red Chamber, said the funds for the state governors are different from their monthly allocation.

Additionally, he warned that the money should be used expressly to address the problem of inadequate food supplies and advised against using it for “unrelated purposes.”

He said: “We can see a lot of protests here and there; most of those sponsored protests are not aware of the kind of efforts being made by this senate to tackle the situation together with a joint management team of the Federal Republic of Nigeria.

“Each of the state governments in the last few months has received an additional N30 billion from the Federal Inland Revenue Service, outside their normal allocation from the federation account, to assist them in ameliorating the food situation.

“We believed that every state government should utilise the funds so received towards ensuring that food is available.”

Persecondnews reports that as many Nigerians struggle with the rising cost of food goods in the marketplace, food inflation has become an increasingly worrisome issue in the country.

Recent data released by the Nigeria Bureau of Statistics revealed that Nigeria’s good inflation stands at a staggering 35.41 percent.

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