Elder statesman and a former Secretary
to the Government of the Federation,
Chief Olu Falae has frowned at the
planned price control by the Federal
Government. Falae, who described the proposal as
another way of impoverishing
Nigerians, said he would personally
lead protest against the FG. The former Minister for Finance said there
was a need to allow market forces to
determine the prices of food and not
for the government to fix prices for the
farmers on the farm produce. He made this statement at a rural
development forum, organised by
Habitat Interest Enterprises, in
collaboration with All Farmers
Congress of Nigeria in Akure, the Ondo
State capital on Thursday. According to him, “The government
said recently that they wanted to
make price control policy, if they start
it, I will be the one to lead a protest
against the policy. This is because the
policy can never work and it will never work. “We should allow market forces to
determine the prices of food,
government should not regulate the
prices of farm produces.” He rather, opined that the government
should regulate the prices fixed by the
manufacturers of farm implements,
adding that the government should
regulate the prices of petrol, fertilizer,
transportation and farm tools.

ganisucks:
There are afonjas, and then there are southwest Nigerians. Falae is the latter, same as fayose. While tinubu and his hooligans want to tear nigeria apart, men like falae want to save it