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February 22, 2024

Instability in FX market major problem of food insecurity – Ndume

Instability in FX market major problem of food insecurity - Ndume

The Senate Chief Whip, Ali Ndume, said the instability in foreign exchange is the major problem of food insecurity in the country.

Ndume stated this in an interview on Channels Television’s Politics Today on Wednesday.

Recall that protests have been springing up in Ogun, Oyo, Kano, Niger and some parts of the country in the last few weeks over the hardship experienced in the country.

This comes as Nigerians lament food inflation, high cost of living, amongst other harsh living conditions occasioned by the removal of petrol subsidy and forex crisis.