Posts Tagged: #GovernmentPolicy
Inflation: Households struggle to cope with galloping food prices
A Financial survey reveals that skyrocketing food prices in Nigeria have forced many households to adopt alternatives like tomato paste and palm fruits instead of fresh produce. The National Bureau of Statistics reported over a
Cost-of-living crisis: Tinubu approves massive, duty-free importation of rice, wheat, beans, others
President Bola Tinubu has approved a 150-day duty-free import window for key food items like maize, rice, and wheat to tackle soaring food prices in Nigeria. This measure aims to reduce inflation, with the government
Food price hike worries operators amid N1.25tn agric budget
Farmers and stakeholders criticize Nigeria’s federal agriculture budget, over N1.25tn in three years, for failing to curb rising food prices despite availability. The All Farmers Association of Nigeria links high costs to naira devaluation, stressing
Group urges FG, states to ensure food security
The Christian Conscience, a non-denominational organization, urged Nigerian governments to ensure food security, particularly during the rainy and planting season, citing insecurity and banditry as major challenges for farmers. During its monthly meeting in Lagos,
Urgent action needed to tame food inflation
Chinua Achebe’s proverb from “Things Fall Apart” resonates with me when I see skits wasting food. Food inflation, reaching 40.53% in April 2024, has forced many to adopt coping strategies, like shifting to cheaper, less
