Naira Swap Threatening Nigeria’s Food Security, APC PCC Cries Out

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The All Progressives Congress APC Presidential Campaign Council PCC has expressed deep concerns about the current cash crunch which has hit Nigerians as a result of the Federal Government’s Naira swap policy, saying the development is impacting negatively on rural farmers and threatening food security.

“Go to rural areas and see how producers of perishable goods are suffering because nobody is coming to buy. Once you harvest and you don’t sell in 24 hours, it spoils.

“Sincerely, our farmers are dying and something urgent has to be done”, said the PCC.

READ ALSO: Naira Scarcity: I’ve Been Spending N20,000 For One Week – Femi Adesina

At a news conference Sunday in Abuja, the Agro Commodities Directorate of the PCC explained how the Naira redesign policy and its troubled implementation is impoverishing rural farmers nationwide, with many of them dying.

The Agro Commodities Directorate is in charge of over 100 agricultural commodities associations, groups and cooperatives.

It noted that most leaders of the agricultural commodities association, groups and cooperatives are hurting as well as its members in rural and suburban Nigeria.

READ ALSO: Uncertainty As New Naira Notes Remain Scarce After CBN’s Deadline

“The pain is also present in urban Nigeria as well and this challenge is literally killing farmers, their hard-earned savings, their fortunes, and this has left most farmers in a state of confused hopelessness.

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Photo Credit: Getty 

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