State police will tackle food inflation – Lagos Food Bank founder

The founder of the Lagos Food Bank Initiative, Dr Michael Sunbola, has stated that state police will tackle food inflation. The Lagos Food Bank Initiative has a Green Harvest initiative aimed at addressing hunger and food scarcity.

National food inflation in Nigeria decreased to 19.57 per cent in August. According to a report by priceandpromo FMCG Momentum, nearly 80 per cent of 110 tracked fast-moving consumer goods recorded no month-on-month price movement. The report also found that 12 per cent of products declined in price and 9 per cent increased.

Food categories such as seasoning, noodles, and edible oil showed high levels of price stability. However, breakfast cereals and powdered milk saw a decline in prices, with around one in five comparable products in each category recording decreases during August, as reported by Punch Nigeria.

Brief written by urgent.news from Punch, Punch Nigeria, This Is Money — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.