The Defence Minister, Bashir Magashi said on Monday, that the continuous increase in the price of food is due to the prevalence of insecurity in the country.
The Minister made the statement at the opening of a retreat for defence advisers/attaches organised by the Defence Intelligence Agency (DIA) in Abuja.
Magashi said security agencies must explore all possibilities within their respective systems and devise innovative ways of confronting the security challenges facing the country.
He added that attacks by Boko Haram terrorists and Islamic State in West Africa Province (ISWAP) in the North-East, banditry, herder/militia in the North-West and North-Central have continued to pose serious security threats to Nigeria.
Magashi said, “The threats currently facing Nigeria and understanding their socio-geographic context is pivotal for adapting appropriate and lasting counter-measures.
“Regrettably, the prevalence of these threats has continued to endanger not only national security and economic growth, but also food security.
“In particular, food security has been adversely affected with the attendant rise in the prices of foodstuff across the country which portends a new dimension of threat.
“This makes it imperative for the various security agencies in the country to continue to collaborate to tackle this menace in order to create an enabling atmosphere for economic activities to thrive and to attract foreign direct investment.”