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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ABOUT 198 COMPANIES IN MINING, OIL AND GAS SUBMIT RECORDS FOR AUDITING TO NEITI 

The Nigerian Extractive Industries Transparency Initiative, NEITI has received the records of 198 companies in the mining and oil and gas sectors for auditing. This was disclosed by the Executive Secretary of NEITI, Dr Orji Ogbonnaya Orji, on Tuesday. He said the records contain the activities of the companies, which include government agencies. Orji disclosed…

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COMMISSION SYMPATHISES WITH FARMERS AFFECTED BY FLOODING, CONCERNED ABOUT IMPACT ON FOOD SECURITY 

The Head of Press and Public Affairs at the National Hydroelectric Power Producing Areas Development Commission (N-HYPPADEC), Nura Wakili in a statement on Tuesday, expressed concerns to farmers who were affected by the environmental disaster. The statement quoted the Commission’s Managing Director, Abubakar Yelwa addressing the disaster as an unfortunate event that portrays a significant…

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