Defence Minister, Bashir Magashi on Monday said the rising
cost of food prices is due to the prevalence of insecurity in the country.
Magashi, who spoke to newsmen at the opening of a retreat
for defence advisers/attaches organised by the Defence Intelligence Agency
(DIA) in Abuja, said security agencies must explore all avenues within their
respective systems to come up with innovative ways of confronting the
challenges facing Nigeria.
He also stated that attacks by Boko Haram terrorists and
Islamic State in West Africa Province (ISWAP) in the North-East, banditry,
herder/militia in the North-West and North-Central have continued to pose
serious security threats to Nigeria.
“The threats currently facing Nigeria and understanding
their socio-geographic context is pivotal for adapting appropriate and lasting
counter-measures.
”Regrettably, the prevalence of these threats has continued
to endanger not only national security and economic growth, but also food
security.
”In particular, food security has been adversely affected
with the attendant rise in the prices of foodstuff across the country which
portends a new dimension of threat.
”This makes it imperative for the various security agencies
in the country to continue to collaborate to tackle this menace in order to
create an enabling atmosphere for economic activities to thrive and to attract
foreign direct investment,” he added.
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