In a bid to cushion the effects of food insecurity and hardship on Nigerians, President Bola Ahmed Tinubu has distributed 740 truckloads of rice to the 36 states and the Federal Capital Territory (FCT). Mohammed Idris, Minister of Information and National Orientation disclosed this while addressing state House Reporters after the Federal Executive Council meeting…

When the Nigeria Bureau of Statistics, NBS. released it’s latest report on inflationary trend, the position of some states raises concerns about the real causes of hike in prices of food items. This is because the factors indicated as major causes of rising cost of food items are not known to be prevalent in some…

It appears that there really are no quick fix to the problem of the economy, nor do the economists or policymakers ever agree on what should be the best approach to battle the challenges of a prostate economy. Recently, the federal government, in a response to incessant complaints on the hardship in the country, decided…

Governments and agencies in Africa and at the international level are making concerted efforts to ensure that food insecurity is addressed in Africa and beyond. Part of the efforts is the dedication of the Africa Development Bank, AfDB, to grant financial support to governments and institutions that are involved in the production of food in…

The policies of President Bola Tinubu’s administration have minimal effect on the economy. Rather than ease the inflationary trend, headline inflation continues to run causing a surge in the prices of goods and food in particular. The situation now is that Nigeria’s food inflation has reached an all-time high of 40.87 per cent as the…

For Nigeria not to be left behind, the development finance institutions in the country must draw up packages to provide operational funds for agriculture and other emerging cultures like technology, energy, biodiversity and others. This was the challenge posed by the Minister of Industry, Trade and Investment, Doris Uzoka-Anite. She specifically encouraged the Bank of…

Except a drastic action is taken, fish and other aquatic foods run the risk of been driven to extinction by climate change. This warning came from the Food and Agriculture Organization, a unit of the United Nations, UNO. According to the organisation, new projections have shown that climate change poses serious risks to marine ecosystems…

Beginning from Tuesday July 16 to Thursday July 18, Nigeria will play host to government officials and private sector operators in Africa for the third summit on Africa’s natural resources and energy. The summit scheduled to hold at the Banquet Hall in the State House, Abuja, is partly a celebration of the stride that the…