Farmers seek policy to tackle inflation

Farmers seek policy to tackle inflation

Federation of Agricultural Commodity Associations (FACAN) President, Dr. Victor Iyama, has called for a comprehensive policy package that will help the exchange rate stabilise, foreign reserves replenished, and inflation reduced. In an interview, he noted that there was need for the government to improve the effectiveness of the macroeconomic stabilisation package to enable Nigerians have confidence in economic management.

According to him, restoring macroeconomic stability is the immediate priority, but addressing causes of high inflation requires greater efforts on structural reforms.

He added that agriculture can play a key role in the economic growth. For this to help, he said the sector needs restructuring to develop a more vibrant and diversified rural economy with sustainable agricultural growth, high value creation, food safety according to international standard, higher competitiveness and farmer income, and technology-intensive agriculture…Read more

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