The resolution of the food crisis relies solely on enhancements in agriculture, as stated by Professor Tella.
Sheriffdeen Tella, an esteemed economics professor at Olabisi Onabanjo University in Ago Iwoye, Ogun State, said, “The two policies implemented were actually in order. But the problems created thereafter ought to be expected and prepared for which did not happen.
“The major problems are massive depreciation of the naira, the rising cost of production, and what looks like galloping inflation.
“I support most of the measures taken but not the modus operandi.
“The provision of palliatives by FG through states was good but the states did not implement the palliatives simultaneously. Some have not even been implemented till now.
“So, the conditions have worsened for many citizens. There’s a need to check what happens with palliative implementation in troubled states.
“Only improvement in farming, agriculture, and industrial production will solve the problems with financial and fiscal interventions and reduction in security problems.
“Then we start working on production with largely domestic inputs.
“For exchange rate, there is a need to ban the importation of some products relating to food and clothing, go for a moratorium on some debts, and increase oil and gas exports with proceeds to solve debt repayment and servicing with excess as reserves for intervention in the FX market.”
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