The House of Representatives on Tuesday said it would investigate reported increase in the price of fertilizer in the country.
It mandated its Committee on Agricultural Production and Services to urgently undertake an oversight probe of the matter.
This followed a motion by Olusegun Odebunmi (Oyo-PDP) brought under “matters of urgent public importance’’ which was unanimously adopted by lawmakers through a voice vote, the News Agency of Nigeria (NAN) reports.
On the motion, Odebunmi said the previous administration made fertilizer accessible through the Growth Enhancement Scheme (GES) which brought transparency in the process by eliminating middle men.
“The success of the GES metamorphosed into greater output from the agricultural sector as fertilizers were available and affordably sold at between N3, 000 and N3, 500,” he said.
He said agriculture was the driver of the government’s diversification programme and could avert the looming famine in the country.
“If this situation is allowed to go unchecked, this can lead to problems in the agricultural sector, which will in turn cause a serious macro-economic problem for the economy,” the lawmaker said.