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Reps to investigate rising cost of commodities in Nigeria

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Reps to investigate rising cost of commodities in Nigeria

By Matthew Eloyi

The House of Representatives has constituted a special committee to investigate the high cost of food items and commodities in Nigeria.

The committee, which was set up on Wednesday, is to be chaired by the Deputy Leader of the House, Peter Akpatason.

The setting of the committee followed the adoption of a motion moved by Ibrahim Isiaka of Ogun State.

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The mandates of the committee are as follows: “To launch an investigative hearing with all critical stakeholders in the country and carry out the root cause analysis on the rising cost of living.

“Initiate policies needed for addressing the skyrocketing prices of goods and services in the country.

“Engagement with Captain of Industries, Trade Unions Associations, Board of Directors, Manufacturers Association of Nigeria (MAN) and others promoters in the economic sectors, on ways for a drastic reduction in prices of goods and services in the country.

“Any other strategies that can mitigate the effect of the current inflation in the country.

Reps to investigate rising cost of commodities in Nigeria

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