Subsidy Removal: Farmers group to provide foodstuffs to Nigerians on credit

A young boy poses in front of his shop where he sells foodstuffs at Ajara Market in Badagry, near Lagos, on September 6, 2019. (Photo by Benson IBEABUCHI / AFP)

Amidst efforts to cushion the effect of the subsidy on Nigerians, the Eden Group of Farmers in partnership with the National Cooperative Financing Agency of Nigeria has unveiled plans to provide foodstuffs to Nigerians on credit.

The program which uses a cooperative model, is aimed at delivering food items through an installment payment system for a period of five months for a N55,000 food package

The project tagged, Operation Feed the Nation, is intended to serve both government workers and private individuals with a registered membership of cooperative society across the nation and help them achieve the zero hunger objective.

The Chief Executive Officer, of Eden Group, Dr Michael Ashimashiga, during a working visit to the secretariat of Abuja Cooperative Federation yesterday, said the package products and services will go far to reduce the effect of the high cost of food on the vulnerable members of society in the era of financial burden occasioned by the fuel subsidy removal.

He explained that the cooperative was expected to pay 20 per cent of the total cost of the food items while individuals pay the balance of 80 per cent for the period of five months.

He said: “This product is to help and then liaise with this cooperative that we have paid a working visit to them to show them our products and services so that they can in turn, reach out to all the cooperatives, who are recognized units in every sector and take some of these products given to the staff or registered members and then, they pay for them gradually.”

He stated that the food items they are offering to Nigerians are fortified with nutrients they include rice, beans, groundnut oil, garri, palm oil, moringa tea and wheat.

In his remarks, the President, of Abuja Cooperative Federation, Emmanuel Atama, assured the group of his commitment to key into the innovation which he described as cooperative instrumentality towards eliminating hunger in line with goal two of the Sustainable Development Goals agenda.

Joke Falaju | The Guardian

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