The House of Representatives to probe rising cost of food, goods, services in Nigeria

 

The House of Representatives has set up a special committee to investigate the high cost of food items and commodities in the country reported Premiumtimesng

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

The setting of the committee followed the adoption of a motion moved by Ibrahim Isiaka (APC, Ogun).

 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.”