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Tag: Food security

Opinion

IMF warns Middle East war threatens Nigeria’s energy, food security

The International Monetary Fund has warned that the ongoing war in the Middle East is casting a shadow over the global economy, threatening recovery and triggering widespread disruptions. In a blog post by top officials, the IMF said the conflict, beyond its human toll, is “upending lives and livelihoods” while weakening growth prospects for economies […]

Food

Nigeria, UK sign $500m diary project deal to boost food security

The Nigeria Sovereign Investment Authority has signed a Memorandum of Understanding with United Kingdom-based Asset Green Ltd to advance the development of a large-scale integrated dairy livestock production and processing platform to transform Nigeria’s dairy industry and strengthen national food security. Once operational, the platform is expected to generate over US$620 million annually and create […]

Business featured

Why Nigeria must lift millions out of poverty – IMF

The International Monetary Fund has called on Nigeria to intensify efforts toward inclusive growth, tighten fiscal discipline, and improve domestic revenue mobilisation as crucial steps toward long-term economic stability and prosperity. In a blog post on Monday, IMF Mission Chief to Nigeria, Axel Schimmelpfennig, and Resident Representative, Christian Ebeke, praised recent reform efforts but cautioned […]

FG unveils private sector-led agribusiness financing programme
News

FG unveils private sector-led agribusiness financing programme

The Federal Government has announced a private sector-led Large-Scale Agribusiness Financing Programme aimed at enhancing food security through industrial agriculture investment. The initiative, designed to mobilize large-scale funding for the production and processing of key crops such as oil palm, rice, maize, cassava, sugar, and soybean, was unveiled during a high-level meeting in Abuja. The […]

News

79% of households are food insecure in Nigeria – Report

The National Food Consumption and Micronutrients Survey has revealed that 79 per cent of households are food insecure in Nigeria. This is contained in the 2021 National Food Consumption and Micronutrients Survey report launched in Abuja by the Federal government in collaboration with foreign partners and other stakeholders in the food sector, according to Vanguard. […]

We will do more to protect Nigeria's borders - Shettima
Business

Nigeria seeks US collaboration to strengthen food security

Nigeria has asked the United States Government for help in addressing important problems that are harming the nation’s agricultural sector. According to The PUNCH, as part of his recent diplomatic engagements in the United States of America, Vice President Kashim Shettima launched negotiations with US Special Envoy for Global Food Security, Cary Fowler. Shettima said in […]

Nigeria to produce food worth €62bn by 2024 - Report
Business

Lower interest rates to boost food security, farmers urge CBN

Nigeria’s Central Bank has been encouraged to lower loan rates in order to increase food production by the Agriculture Development Farmers Association of Oyo State. According to The PUNCH, the association’s chairman, Salihu Imam, stated that a large decrease in financing costs would spur agricultural growth and improve the country’s food security. “Bringing down lending rates […]

Food drives August's inflation rate to 25.80% - NBS
Business

Food security: FG launches sub-saharan systems dashboard

The Sub-National Food Systems Dashboard, which will update the Presidency on policy measures and track the food system transformation agenda for national development, was launched by the Federal Government on Thursday. According to The Times, the Minister of State for Agriculture and Food Security, Sen. Sabi Aliyu-Abdullahi, made this announcement at the Abuja inauguration. He continued […]

Business

Food security: FG launches sub-saharan systems dashboard

The Sub-National Food Systems Dashboard, which will update the Presidency on policy measures and track the food system transformation agenda for national development, was launched by the Federal Government on Thursday. According to The Times, the Minister of State for Agriculture and Food Security, Sen. Sabi Aliyu-Abdullahi, made this announcement at the Abuja inauguration. He continued […]

UK job vacancies drop 15% year over year in January - Report
News

UK supports Nigeria’s food security with £60m

British Foreign Secretary, James Cleverly has announced a spate of support worth £60 million for agriculture, food systems, and humanitarian initiatives in Nigeria as part of his four-day trip to African countries. The British government has claimed that the program will aid more than 4 million people in improving their farming methods and fending off the consequences of climate change […]

Farmers lament as food prices soar
Foods

Stakeholders seek partnership to promote food safety measures

Stakeholders, such as the Food and Agriculture Organization of the United Nations and the Health Ministry, among others, have urged for increased cooperation and a united front to battle foodborne illnesses and improve food safety measures. Leadership reported that the appeal came as the international community observed World Food Safety Day in 2023 in recognition […]

64.3 million Nigerians don't have enough food - UN
Foods

64.3 million Nigerians don’t have enough food – UN

The World Food Program, a division of the United Nations has said that 32% (64.3 million) of Nigerians do not have sufficient food available to eat. According to The Punch, in 19 different countries, the organization estimates that 170 million people lack access to enough food to eat. The countries with the highest prevalence of […]

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