Agberen Calls For Food, Commodity, Service Regulations, As Naira Appreciates

By Daniel Dafe

As the naira continues to appreciate against the Dollar in both the official and parallel markets, Comr.(Amb.) Derrick Oritsematosan Agberen, National Coordinator, “No Justice, No Peace Initiative,” has said that it is the duty of governments at all levels to enforce laws with orders that give strict directives to marketers and traders in the state and the country at large to reduce prices of goods in conformity with the current value of the naira.

Comr. Agberen said this in a statement on Tuesday.

He added: “The crisis in the high costs of living has raised so much concerns for the average and poor family in Nigeria.

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According to him, “food security should be the priority of any government in a place to ensure food and water are available and affordable.”

He continued: “The absence of the government’s willingness to the plight of the people, to regulate prices of food items in the market, has pushed so many youths, families into various crimes and the girl child involving in immoral and dubious activities to ensure they meet up to the standards of living.”

He posted: “Price controls are normally mandated by the government in the free market. They are usually implemented as a means of direct economic intervention to manage the affordability of certain goods and services, including rent, gasoline, and food, which common factors responsible for its rising are hike in fuel price, also known as of Premium Motor Spirit in the States of the country.”

Furthermore, he said that “the Nigerian government has a duty to intervene decisively on behalf of most ordinary Nigerians, by enforcing price control measures that protects citizens from hunger, starvation and from being exploited by traders and marketers.”

“Over the years, we have had systems that have concentrated more on power, with politicians as major actors instead of the people it governs, providing them access to basic needs and commodities,” he concluded.