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FG Pledges Large-Scale Agricultural Investments to Curb Food Prices

February 12, 2025

The Federal Government remains committed to reducing food prices through large-scale agricultural investments rather than imposing price controls, Minister of Information and National Orientation Mohammed Idris announced at the 2025 Ministerial Briefing Session in Abuja. He highlighted the success of security forces in neutralizing over 8,000 terrorists and bandits in 2024, making highways safer. On economic reforms, he noted the removal of fuel subsidies has saved billions, while the Electronic Foreign Exchange Matching System has improved transparency and restored investor confidence. He also revealed that Nigeria secured over $5 billion in oil and gas investments, reinforcing its position as Africa’s top investment destination.

Written by Adeyemi Adewale




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