Food

FG TO ESTABLISHMENT RANCHES IN LAGOS, OGUN, IMO, OTHERS The new Ministry of Livestock Development will this year establish ranches in seven states across the Federation. Checks by revealed that two of the ranches will be in South west states of Lagos and Ogun while another two will be located in Imo and Cross River states in the south east …

FOOD PRICES RISE TO 60.88% UNDER TINUBUDespite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items skyrocketed by 60.88 per cent under the leadership of President Bola Tinubu When Tinubu assumed office in May 2023, food inflation was 24.82 per cent. It jumped to about 40 …

AFDB, FARMERS HAIL FG’S AGRICULTURAL INTERVENTIONS IN ANAMBRA, ENUGU The Federal Government has been commended for its interventions so far in ensuring that farmers, processors and other players in the agricultural value-chain under the “Agricultural Transformation Agenda Support Programme Phase-One” known as “ATASP-1”, are supported and encouraged to contribute to food security in Nigeria.Some farmers who have benefitted from the …

NIGERIA SPENDS $480M ON RICE IMPORTATION ANNUALLY – NEPC The Nigeria Export Promotion Council (NEPC) has revealed that Nigeria annually spent $480million on importing three tonnes of rice, describing the trend as “unacceptable.” This was disclosed by NEPC Executive Director/Chief Executive Officer, Nonye Ayeni, during a one-day technical support workshop for rice farmers and processors in Lokoja, Kogi State. Represented …

HARDSHIP: MANY NIGERIAN HOUSEHOLDS NOW SKIP MEALS – NBS The National Bureau of Statistics (NBS) has said food scarcity, insecurity and high prices have forced Nigerian households to cut consumption. To this end, the body said 65 percent of families and other residents are unable to afford healthy meals over lack of money. NBS disclosed this in its latest General …

FOOD PRICES RISE HIGHEST LEVEL IN 18 MONTHS – FOOD AND AGRICULTURAL ORGANISATION The Food and Agriculture Organization, FAO, has said global food prices rose in October to their highest level in 18 months. The organisation said there was a sharp increase in the cost of vegetable oil. The FAO Food Price Index tracks monthly changes in international prices. It …

REPORT REVEALS THAT 133.1 MILLION NIGERIANS WILL BE ON HUNGER CRISIS IN 2025 The Cadre Harmonisé report on food and nutrition insecurity analysis said no fewer than 133.1 Nigerians would face a global hunger crisis in 2025. The Food and Agriculture Organization, FAO, disclosed this in a statement yesterday. It said the report was prepared by the federal government and …

MBAKA DECRIES RISING COST OF LIVING, CALLS FOR PRAYERS The Spiritual Director of Adoration Ministry, Enugu State, Rev. Fr. Ejike Mbaka, has decried the rising fuel prices in Nigeria, while calling for urgent prayers to prevent a potential famine. During the commissioning of a new filling station, Blessed Omemma Oil and Gas Limited, in Abakpa, Enugu East Local Government Area, …

MANY PEOPLE IN THE NORTH CAN’T AFFORD A SINGLE MEAL A DAY – AREWA GROUP The Coalition of Northern Groups (CNG) on Saturday decried that many people in the North cannot afford a single square meal per day as a result of the lingering insecurity and socio-economic hardship plaguing the region. The groups disclosed this in a one-day community engagement …

NIGERIA LOSES 855,629 METRIC TONNES OF FOOD TO FLOODS IN 2024 – FAO The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the 2024 floods. This figure according to the FAO represents an amount equivalent to feed 8.5 million Nigerians for the period of six-months. FAO assistant country …