The Federal Government has hinted at plans to establish a National Commodity Board as a solution to the escalating food inflation in the country.
In tackling price volatility, the board will be given the mandate to assess and regulate food prices, as well as maintain a strategic food reserve for stabilizing prices of crucial grains and other food items.
Vice President Kashim Shettima disclosed this on Tuesday during a two-day high-level strategic meeting on climate change, food systems, and resource mobilization held at the Banquet Hall of the Presidential Villa, Abuja.
