Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines

    June 19, 2026

    Investors Offload Nigerian Treasury Bills after Discount Rates Surge

    June 19, 2026

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    June 19, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines
    • Investors Offload Nigerian Treasury Bills after Discount Rates Surge
    • NGX to Introduce Volume-Based Price Rules in Major Market Reform
    • FX Spread Surges as Naira Depreciates Across FX Markets
    • U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
    • Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
    • United Nations Urges Africa to Boost Domestic Funding
    • US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, June 19
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » 26m Nigerians at Risk of Food Insecurity in 2024–FAO

    26m Nigerians at Risk of Food Insecurity in 2024–FAO

    Marketforces AfricaBy Marketforces AfricaNovember 3, 2023 News No Comments3 Mins Read
    The Food and Agriculture Organisation (FAO) says no fewer than 26 million Nigerians in Borno, Sokoto and Zamfara States including the FCT may face a food crisis between June and August 2024.
    Food
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    26m Nigerians at Risk of Food Insecurity in 2024–FAO

    The Food and Agriculture Organisation (FAO) says no fewer than 26 million Nigerians in Borno, Sokoto and Zamfara States including the FCT may face a food crisis between June and August 2024.

    FAO country representative, Dominique Kouacou, disclosed this at the presentation of the October to November round of the Cadre Harmonise food security and early warning analysis on Friday in Abuja.

    Kouacou was represented by Dr Abubakar Suleiman, Assistant FAO representative, Programme.

    The News Agency of Nigeria (NAN) reports that the CH analysis was conducted in 26 states and the FCT to ascertain the food security situation and make projections for the future.

    According to him, the current cycle is happening after an unusual lean season which witnessed several shocks, ranging from persistent insecurity situations like insurgency, banditry

    He listed other challenges as natural resource-based conflicts, high cost of food and agricultural inputs due to high inflation and severe dry spells in some states immediately after the onset of rains.

    On his part, the Permanent Secretary, Ministry of Agriculture and Food Security, Dr Ernest Umakhihe, said the analysis was conducted and validated by highly skilled professionals of the CH analysis task force over the past two weeks.

    The permanent secretary, who was represented by Mrs Fausat Lawal, Director of Special Duties, said the results of the cycle of Cadre Harmonise (CH) analysis were coming at a time when government at all levels was leaving no stone unturned in reinvigorating the nation’s economy.

    He said though the challenges were daunting, they were surmountable, adding that several factors seemed to be negating the ministry’s efforts.

    “Notable among them are the lingering negative impact of COVID-19 on the global economy and the Russia-Ukraine war which is currently disrupting the food systems and spiking up input prices and food prices.

    “The removal of petroleum subsidy has further heightened this pressure, resulting in food inflation and increases in the consumer price index,’’ he said.

    He said that environmental and human factors such as climate change, displacements due to insecurity and seasonal flooding regimes had all remained recurrent concerns.

    Umakhihe said that the disruptions had implications on food consumption patterns and the attendant high use of irreversible coping strategies among a sizable population of Nigeria.

    He said the ministry remained resolute in leading and supporting the CH process in Nigeria.

    The permanent secretary added that before the end of year 2024, the ministry would work to mainstream all 36 states of the country in the CH analysis.  Nigerian Treasury Bills Yield Rises to 7%

    Food Nigeria
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines

    Investors Offload Nigerian Treasury Bills after Discount Rates Surge

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    FX Spread Surges as Naira Depreciates Across FX Markets

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF

    Add A Comment

    Comments are closed.

    Editors Picks

    Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines

    June 19, 2026

    Investors Offload Nigerian Treasury Bills after Discount Rates Surge

    June 19, 2026

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    June 19, 2026

    FX Spread Surges as Naira Depreciates Across FX Markets

    June 19, 2026

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    June 18, 2026
    Latest Posts

    Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines

    June 19, 2026

    Investors Offload Nigerian Treasury Bills after Discount Rates Surge

    June 19, 2026

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    June 19, 2026

    FX Spread Surges as Naira Depreciates Across FX Markets

    June 19, 2026

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    June 18, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.