The Nigerian Senate has passed for second reading a Bill aimed at establishing the National Food Reserve Agency.
This legislation seeks to create a structured framework for managing and preserving the nation’s food reserves, addressing critical issues related to food supply and sustainability.
During the session, senators emphasised the importance of the agency in mitigating food shortages and enhancing agricultural productivity.
The proposed agency is expected to play a vital role in ensuring that adequate food stocks are maintained, thereby stabilising prices and protecting against the volatility of the agricultural sector.
As discussions continue, lawmakers will deliberate on the bill’s provisions and its potential impact on the nation’s food security strategy.
Further readings and amendments are anticipated as the legislative process moves forward.
