Minister of defence, Bashir Magashi says insecurity in the country is responsible for increase in food prices.
Magashi, who stated this on Monday at the opening of a retreat for defence advisers/attaches, organised by the Defence Intelligence Agency (DIA) in Abuja, said the attacks by Boko Haram/ the Islamic State in West Africa Province (ISWAP) insurgents in the north-east, as well as banditry poses serious security threats to Nigeria.
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Magashi said: “The threats currently facing Nigeria and understanding their socio-geographic context is pivotal for adapting appropriate and lasting counter-measures,”
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“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.
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“It also means that the security agencies must explore all avenues within their respective systems to come up with innovative ways of identifying and confronting the challenges facing us as a nation.”
