BUSINESS

How Sanwo-Olu is causing food inflation in Lagos – PDP

The Peoples Democratic Party has accused Lagos Governor Babajide Sanwo-Olu of causing food inflation in the state, due to multiple taxation.

“The state currently runs a monopolistic food market where free trade is not allowed, and those allowed to trade paid different categories of taxes to the markets’ authorities. Sadly, many fresh farm products that are mostly displayed on weekends are not exempted from the taxes and levies which have made food prices in the state unaffordable to common man,” said the statement by Hakeem Amode, PDP’s spokesperson.

“An individual cannot buy food items in bulk and bring them for sale to consumers in the state without going through the cult-like system the state has put in place, and they determine the prices these food items are sold to the detriment of the good people of the state.”

The PDP called for a replacement of the APC government in Lagos, urging Lagosians to vote for its candidate Abdulazeez Olajide Adediran.

“A state like Lagos with a purchasing power of N4.5 billion daily (according to the governor) is supposed to have the cheapest food market in the federation. In a people’s welfare-oriented market structure, where the supplier is guaranteed sales, prices are low,” the party added.

According to him, commercial truck operators’ daily challenges, including extortion and harassment, in transporting food items to the state are sickening.

“All the road enforcement agencies are after these trucks, and to make matters worse, the local government-backed touts also levy them,” added the PDP. “Consequently, these have adverse effects on the prices individuals pay from their meagre income to feed in the state where food are not supposed to be a problem due to the purchasing power of the people.”

(NAN)

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