NIGERIA FACING WORSENING FOOD CRISIS LIKE YEMEN, ETHIOPIA – WORLD BANK REPORT

NIGERIA FACING WORSENING FOOD CRISIS LIKE YEMEN, ETHIOPIA – WORLD BANK REPORT

The World Bank has stated that Nigeria is facing a worsening food security crisis, with over one million additional people experiencing severe food insecurity in 2024 compared to the previous year.

This was contained in the World Bank’s Food Security Update Report released recently while highlighting that countries like Nigeria, Ethiopia and Yemen have seen a significant rise in the number of people facing acute food shortages.

“Conversely, some countries saw improvements. Nations such as Afghanistan, Guatemala, and Kenya reported declines in food insecurity, with more than one million fewer people facing acute food crises, although these countries remained in significant food crisis situations.

“On the other hand, 18 countries experienced worsening situations due to factors including intensified conflict and climate-related shocks, such as droughts. Notable examples include Ethiopia, Nigeria, and Yemen, each witnessing an increase of more than one million people facing high levels of food insecurity from the previous year,” the report read.

Nigeria’s growing crisis is said to be a combination of climate-induced issues and socio-political instability in various regions, the report noted.

“In Nigeria, an estimated 1.6 million hectares of land have been inundated, including 342,650 hectares of cropland, affecting 685,770 vulnerable individuals. In Mali, 344,000 people were affected and 1.6 million hectares of land flooded, including nearly 500,000 hectares of cultivated landland.

“Cameroon, Central African Republic, Côte d’Ivoire, Gambia, Guinea, Guinea-Bissau, Liberia, Sierra Leone, and Togo have also faced flooding, and northern and northeastern Nigeria and Ghana are experiencing dry spells, with adverse effects on crop production and thus food insecurity.

“In total, floods and droughts have affected approximately 3.5 million people, who require emergency support. It is estimated that $50m is needed to help 760,200 communities meet their basic food needs.”

According to the report, domestic food price inflation in Nigeria remains among the highest globally, with food prices increasing by 37.5% year-on-year as of August 2024. This price surge has strained household incomes, making it increasingly difficult for low-income families to afford basic food items.

Meanwhile, the World Bank called for urgent intervention to address the immediate food needs of affected populations while also focusing on long-term solutions to improve resilience against climate shocks.

  • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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    PRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBS

    PRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBS At the backdrop of significant reductions recorded in the prices of some food commodities since last month, the prices of local rice, beans, egg and bread have remained on steady increases. The Nigerian Bureau of Statistics, NBS, in its report titled, “Selected Food Price Watch for August 2024” released yesterday, said, the commodities recorded between 2.5 and 5.5 percent price rises in the month of August. The report stated: “The average price of 1kg beans brown (sold loose) stood at N2,574.63. This indicates a 5.31 percent rise in price on a Month-on-Month, MoM, basis from N2,444.81 in July 2024. “On a MoM basis, the average price of Agric eggs medium size (12 piece) rose by 5.48 percent to N2,289.19 from N 2,170.17 in July 2024. “On a MoM basis, bread (sliced) increased by 2.28 percent to N1,459.85 from N 1,427.25 in July 2024. Furthermore, the average price of 1kg Local rice sold loose went up by 3.65 percent to N1,831.05 in August 224 from N1,766.64 in July 2024 on a MoM basis.” According to the Bureau, the prices of these food items increased by over 100 percent year-on-year. It added: “The state profile analysis in August 2024 reveals that the highest average price of 1kg of Beans Brown (sold loose) was recorded in Akwa Ibom at N3,276.79 while the lowest was in Adamawa state at N1,710.92. The highest average price of Agric eggs medium size (12 piece) was recorded in Niger State at N2,996.92 while the lowest was in Jigawa State at N1,786.01. “Regarding the average price of bread (sliced), Rivers state recorded the highest price at N1,850, while Yobe recorded the lowest price at N908.81. Kogi recorded the highest average price of 1kg local Rice (sold loose) at N2,680.29, while the lowest was reported in Benue at N1,206.84.” However, the Bureau also said the prices of tomatoes and yam declined MoM in August when compared to that of the previous month. The NBS said that the price of tomato 1kg declined by 11.07 percent MoM to N1,506.35 from N1,693.83 in July 2024. It added that the price of 1kg of yam tuber decreased by 7.8 percent to N1,661.80 from N1,802.84 in July 2024.

    PRESIDENT TINUBU FAILS TO IMPLEMENT TARIFF WAIVER AS FOOD PRICES REMAIN HIGH

    PRESIDENT TINUBU FAILS TO IMPLEMENT TARIFF WAIVER AS FOOD PRICES REMAIN HIGH Despite the National Bureau of Statistics inflation data for July and August which showed food inflation eased to 39.53 and 37.52 percent, market realities showed that the prices of food and goods remained high.A market survey shows that a 50-kilogram bag of local or foreign rice is sold between N87,000 and N106,000.This is as a 50kg bag of beans goes for between N65,000 and N100,000. For the majority of Nigerians, access to staple food has become a nightmare, a situation that would have been reduced with the implementation of the zero-tariff waiver on selected food items.Speaking on the development in an interview on Monday, the Executive Director of the Centre for the Promotion of Private Enterprise, Muda Yusuf said the major problem was the slow pace with which the government was implementing the zero tariff policy.According to him, there was a big lag between the announcement of the policy by the government and the preparation of the guidelines for its implementation.He stressed that the tariff waiver had not been fully activated as the impact was yet to be felt in the country’s economy.Yusuf urged the government to work on the speed of implementation of the policy.“The customs must implement the policy. The customs need to be advised by the ministry of finance, and until that is done, implementation cannot start.“I think it has to do with the speed of the implementation of the policy. When the Government announces a policy, the ministry ought to work on the guidelines, which are transmitted by the ministry of finance to the customs. I think there is a lag between the announcement of the policy and the production of the guidelines.“The policy has not been fully activated which is why the impact is not felt. This is because all the processes in terms of guidelines are a bit slow. The government needs to work on the speed of implementation”, he saidOn his part, Olufemi Kayode, a member, Association of Nigeria Licensed Customs Agents, ANLCA, and Special Assistant to Prince Adewusi Bamigbala, the Chairman of ANLCA, Murtala Muhammed International Airport Command Chapter, faulted Customs, noting that there was yet to be a clear-cut and proper guideline for the implementation of the zero tariff policy.He stated that there was the possibility of internal sabotage and frustration within the Customs that may be undermining the implementation of the tariff for the good of the generality of Nigerians. “Generally speaking, from the circular available there are no clear-cut directives apart from the fact that some of the tariffs were mentioned.“There are no proper guidelines for its implementation. The Customs must put it into proper perspective.“There is the possibility of internal sabotage or frustration in getting the implementation right.“Customs may be having internal challenges about the proper classification or coding of the tariff waiver into its portal”, he said.Meanwhile reacting to the development, in an exclusive chat, NCS spokesperson, Abdullahi Maiwada said it was untrue that the service was sabotaging the implementation of the zero-tariff waiver policy on selected food items.According to him, the Service had told Nigerians the procedures for accessing the tariff waiver.He added that the NCS was committed to all policies formulated by the government to ease the economic hardship Nigerians faced.“Well, we have issued a statement earlier and we told Nigerians procedures of accessing the tariff waiver.“It is malicious to say Customs is sabotaging the implementation of the policy.“We are a responsible government agency. We are out to implement all policies formulated by the government.

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    • By Dons Eze
    • October 15, 2024
    • 117 views