Emir of Keffi, Dr. Shehu Chindo Yamusa lll, said greedness from market forces are the main cause of high cost of food price and other items resulting to economic hardship Nigerians are going through.
He said that the business community is to be blame for unnecessary increase in prices of goods in the market currently causing untold hardship on Nigerians leading to severe hunger and worsening level of poverty.
Dr. Yamusa said greater chunk of the economic woes truncating the success of the government is human-induced due to greed from market forces to enrich themselves.
He stated this yesterday at his palace in Keffi, Nasarawa State when he received a delegation of the Nasarawa State Traders and Marketers Association on a sensitization tour over rising cost of living.
He decried the rate at which traders all over the country inflate the price of their commodities without regulatory control of prices by authorities, calling on institutions of government to rise to the occasion of checkmating and penalising erring traders who sell beyond reasonable rates.
Read Also: On the rising food prices in Nigeria
The first-class monarch called on government to help in ameliorating the sufferings of Nigerians, lauding the efforts of the union to sensitize their members on supporting government’s action for sustainable economic reforms.
“Government must help the people to ameliorate this suffering. I know this is not the first time such is happening. I advise that Marketing Board can reserve food and sell it at a cheaper rate when it is scarce or expensive”.
He urged citizens not to utter unprintable words against their leaders, noting that doing so will only worsen the current experience instead of addressing it.
“Don’t insult government. When you insult them, they will be bad and you will suffer bitterly” he advised
Speaking on the essence of the tour, President Nasarawa State Traders and Marketers Association, Musa Turaki-Gamji said the rising cost of food commodities in the Nigerian market is beyond the reach of many.