Ekiti State Government Collaborates with Traders to Tackle Inflation

In a proactive move to address the challenges posed by inflation, the Ekiti State Ministry of Trade, Industry, Investment, and Cooperatives convened a strategic meeting with stakeholders from the commodity and essential goods market. This gathering aimed to foster productive dialogue and find sustainable solutions to the pressing issues affecting traders and consumers alike.

Representatives from various sectors, including iyalojas, transport workers, spare parts dealers, food vendors, and livestock farmers, engaged in constructive discussions. Key concerns such as the impact of imports, exchange rate fluctuations, and unethical trade practices were thoroughly examined.

In response to these challenges, the Commissioner for Trade, Industry, Investment, and Cooperatives, Mrs. Omotayo Adeola, reaffirmed the government’s commitment to collaboration. Resolutions from the meeting included the establishment of a task force for price control and regulation, publicity campaigns to raise awareness, and promotion of increased farming activities.

These proactive measures aim to mitigate economic hardships faced by traders and consumers while fostering a thriving business environment in Ekiti State.