AGRICULTURAL COMMODITIES EXCHANGE SAYS SUSPENSION OF IMPORT DUTIES ON FOOD ITEMS RAISES HOPE OF INCREASE IN AVAILABILITY OF BASIC FOOD ITEMS 

A Lagos-based agricultural commodities exchange company has given kudos to the federal government on the recent decision to suspend import duties on some food items to address the hardship in the country. The Lagos Commodities and Futures Exchange, LCFE, through its managing director and chief executive officer, Akin Akeredolu-Ale, has commended the Federal Government gave…

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REPORT SAYS OVER 31 MILLION NIGERIANS ARE AT THE MERCY OF ACUTE FOOD INSECURITY 

The 2024 Cadre Harmonise report on Wednesday said over 31.8 million Nigerians are suffering from acute food insecurity compounded by malnutrition among women and children in the country. According to the statistics, the surge in food commodity prices is due to the removal of fuel subsidies, in addition to security challenges, that have placed millions…

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NIGERIANS GIVE THE TINUBU GOVERNMENT THUMPS-DOWN OVER THE HANDLING OF FOOD SECURITY ISSUE.

Amidst the prevalent food scarcity in Nigeria and the attendant food inflation, some Nigerians have urged President Bola Tinubu to enforce the state of emergency he declared on food security last year and introduce a national food policy. They asserted that distribution of palliatives by the Federal Government was not the solution to the food…

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