Tinubu authorises disbursement of N155bln for food purchases nationwide

President Bola Tinubu has authorized the purchase and sale of assorted foodstuffs worth N155 billion to be distributed across the nation.

The President gave the order at the National Economic Council (NEC) meeting on Thursday in Abuja, where he urged state governors to work in harmony to meet the needs of citizens.

Tinubu noted that he is committed to transforming the hardships of Nigerians into prosperity, according to a statement by presidential spokesman Ajuri Ngelale.

The statement reads: “President Bola Tinubu has approved the immediate rollout of the National Construction and Household Support Programme to cover all geopolitical zones in the country.

“Other items under the National Construction and Household Support Programme include the deployment of N155 billion for the purchase and sale of assorted foodstuffs to be distributed across the nation.”

Tinubu also approved the delivery of a N50,000 uplift grant to each of the 100,000 families per state for three months.

Tinubu emphasized the importance of increasing food production, noting that the Sokoto-Badagry Highway is a pivotal project because the states within this axis form the nation’s food belt, with Badagry being an important artery for food export.

“Our states must work together to deliver on the critical reforms required of us to meet the needs of our people. Time is humanity’s most precious asset. You can never have enough of it. It is getting late.

“We are ready and able to support you in the form of the mechanization of your agricultural processes and the provision of high-quality seedlings.”