The Central Bank of Nigeria (CBN) has predicted an improvement in food production in the country, following the Federal Government's efforts to improve security in the North-East.
Food Inflation Soars by 61% in One Year – NBS
Nigerians are finding it more difficult to feed themselves, as food inflation rose to 40.66 per cent in May.
This was as the cost of food rose by 61 per cent from 25.25 per cent in...
Naira Scarcity: Nigerians Groan Over Prices Of Food, Medicines
Amid soothing promises by the Federal Government to make the economy better, Nigerians seem to experience the opposite.
For starters, the naira scarcity horror that dampened yuletide fun has continued in the new year, making 2024 take...
Why EU, UK, Others reject Nigerian food, drug exports - NAFDAC
The National Agency for Food and Drug Administration and Control (NAFDAC) has declared that it will no longer tolerate the unquantifiable embarrassment brought on Nigeria by the unscrupulous exporters that sidestepped the regulator only...
Food Imports Rise By 122% As Deficit Hits N4.9trn
Despite continuous government efforts to shore up food production in Nigeria through various intervention programmes, the country recorded foods trade deficit worth N4.92 trillion between 2018 and 2022.
Available data shows that Nigeria is not growing enough...
World Bank: 28.9million Nigerians, Others Depend on Food Assistance
According to World Bank, twenty-eight million nine hundred thousand people living in Nigeria and other West and Central African countries depend on emergency food assistance for survival.
This is despite an above-average yield in the 2022/23 agricultural...
