{"id":35348,"date":"2024-06-03T06:04:58","date_gmt":"2024-06-03T06:04:58","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/food-inflation-will-reduce-with-dry-season-harvest-minister\/"},"modified":"2024-06-03T06:04:58","modified_gmt":"2024-06-03T06:04:58","slug":"food-inflation-will-reduce-with-dry-season-harvest-minister","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/food-inflation-will-reduce-with-dry-season-harvest-minister\/","title":{"rendered":"Food inflation will reduce with dry season harvest \u2013 Minister"},"content":{"rendered":"<div>\n<p>The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has given assurance to Nigerians that food prices will come down in the coming months.<\/p>\n<p>According to him, food inflation will come down with the dry season and wet season harvest.<\/p>\n<p>Edun noted that food insecurity is a worldwide phenomenon, adding that the government has dedicated special funding for infrastructure to boost agriculture output.<\/p>\n<p>The Minister stated this while fielding questions as a guest on Channels Television\u2019s Sunday Politics programme.<\/p>\n<p>He emphasized that the focus of the government has been to increase food production through the provision of seeds, fertilisers, amongst others.<\/p>\n<p>\u201cInflation, yes, it is high at 33.65%; food inflation at 40.5% is worrisomely high, but the fact is that inflation is coming down, month-on-month.<\/p>\n<p>\u201cIt is slowing and it is expected to reduce as we continue the dry season harvest and then we go into the wet season harvest.<\/p>\n<p>\u201cThat is the place to focus on and a lot of emphasis is being placed on that to get agriculture output up, to get prices down, and that will be a big factor in bringing down inflation,\u201d he said.<\/p>\n<p>Food inflation will reduce with dry season harvest \u2013 Minister<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has given assurance to Nigerians that food prices&hellip;<\/p>\n","protected":false},"author":1,"featured_media":35349,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4125],"tags":[8,16561,4126,2159,2741,472,2189,180,907,2286,4127,876,364],"class_list":["post-35348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-wale-edun","tag-akwa-ibom","tag-dry","tag-edun","tag-food","tag-harvest","tag-inflation","tag-minister","tag-news","tag-reduce","tag-season","tag-wale","tag-will","tag-with"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/35348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=35348"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/35348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/35349"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=35348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=35348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=35348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}