Nigeria Risks Food Crisis in 2023 - IMF The International Monetary Fund has said that Nigerians should brace up for higher food prices/ risks in 2023 due to recent floods and high fertilizer prices. According to the National Bureau of Statistics, food inflation hit 23.72 per...

IMF: Import Dependence Worsening Food Crisis in Nigeria The International Monetary Fund has said that the food crisis currently ravaging Nigeria and other Sub-Saharan Countries has been exacerbated by over-reliance on imported foods. In a new report titled, “Africa Food Prices Are Soaring Amid High Import...

Nigeria, Others Face High Risk Of Food Crisis   Nigeria and 44 other countries around the world are severely exposed to the Ukraine war-induced food crisis, a study by Boston Consulting Group, a global management consulting firm, has shown. BCG, in a report titled, ‘The war in...

AfDB Approves $1.5bn To Mitigate Food Crisis In Africa   The Russia/Ukraine conflict is projected to trigger a global food crisis, hence the Africa Development Bank’s (AfDB) decision to shore up Africa’s food security with a $1.5 billion Africa Emergency Food Plan. President of the AfDB, Dr...

Food Crisis To Worsen As Bandits Kill, Kidnap 352 Farmers In 12 Months   The lingering food crisis in some parts of Nigeria may worsen and spread to more states in 2022 as the country loses more farmers to the gruesome activities of bandits and insurgents. At...