Food inflation
10 Apr
As a result of insecurity, higher transportation costs, poor topography and bad roads, the cost of trade in Nigeria is four to five times higher than what is obtained in the United States, the World Bank has revealed.
4 Apr
The Development Agenda for Western Nigeria (DAWN) Commission has called on President Bola Tinubu to tackle insecurity headlong and put more money into rural access roads to reduce the rate of inflation in the country.
16 Mar
Although, the rising prices of food items have driven Nigeria’s inflation to 31.70 per cent in February 2024, experts have warned against the creation of a price control board being canvassed by hapless Nigerians, saying toeing that part would worsen the situation.
10 Mar
To tackle the rising food inflation in the country, stakeholders in the agricultural sector have called for the adoption of agro ecology to mitigate the impact of the use of chemicals on food production in the country.
19 Feb
Ibadan residents, especially the youths and traders, on Monday, stormed the streets of the ancient city to protest the high cost of living in the country.
17 Feb
Nigeria has intensified security checks at its border in bid to crack down on food smuggling to neighbouring countries as food inflation and economic crises continue to wreak havoc.
8 Feb
Kano State Public Complaints and Anti-Corruption Commission has vowed to resist any attempt or threats by business operators to close any food market over instability in the price of commodities. The commission warned dealers caught hoarding food items in the city will face dire consequences if they do not desist from the act that is…
27 Jan
The Federal Government and Niger Government have reiterated commitment to ensuring food security and driving down food inflation. The Minister of Agriculture and Food Security, Sen. Abubakar Kyari and Gov. Mohammed Bago of Niger stated this when Bago visited Kyari on Friday in Abuja.
15 Jan
Minister of Agriculture and Food Security, Abubakar Kyari; Finance and Coordinating Minister of the Economy, Wale Edun; the Minister of Budget Planning, Atiku Bagudu, and other stakeholders in the agriculture sector have met to boost food production and reduce food inflation.
2 Jan
Minister of Agriculture and food Security, Abubakar Kyari, has assured that the Federal Government is working assiduously to address the high food inflationary trend.
6 Dec
An All Progressives Congress (APC) chieftain in Osun State, Olatunbosun Oyintiloye, has commended President Bola Tinubu for approving 50 per cent reduction in the cost of agricultural inputs ahead of commencement of dry season farming in the country.
25 Oct
Then came the Economy Recovery Growth Plan (ERGPs) of Muhammadu Buhari’s administration (2015- 2023), stepping the policy economics forward with so much funding for agriculture in the name of economic diversification, a whooping N1 trillion went into rice....
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