The Federal Executive Council (FEC) has approved N27.7bn for the purchase of grains.
The approvals were granted at the FEC meeting presided over by President Muhammadu Buhari at the State House, Abuja on Wednesday.
Briefing newsmen after the meeting, minister of Agriculture and Natural Resources, Audu Ogbeh said N9.4bn was approved for the purchase of 60,000 metric tonnes of grains.
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“We have got approval to buy sixty one thousand tonnes of maize, millet and sorghum and the purchasing will begin shortly.
“We also informed council of the problem we have with Nigeria grains especially maize, and groundnut. An infestation called aflatoxins which the Minister of Health confirmed is a very big threat to the liver and the kidney of most consumers.
“Luckily, IITA has found a product which they produce in large quantities which they now send to Africa for treating the farms, the Silos and the sacks in which we put the grains to eliminate aflatoxin,” he said.