Close Menu
    What's Hot

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, May 31
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Economy » Nigeria Records N5trn Post-Harvest Losses in 2025
    Economy

    Nigeria Records N5trn Post-Harvest Losses in 2025

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 22, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Nigeria Records N5trn Post-Harvest Losses in 2025
    Share
    Facebook Twitter Pinterest Email Copy Link

    Nigeria Records N5trn Post-Harvest Losses in 2025

    The Organisation for Technology Advancement of Cold Chain in West Africa (OTACCWA) has disclosed that Nigeria recorded between N3.5 trillion and N5 trillion in post-harvest losses in 2025.

    The President of OTACCWA, Mr Alexander Isong, disclosed this in an interview with the News men) in Lagos.

    Isong also said the country lost an estimated 30 to 40 million metric tonnes of food across major value chains.

    “In 2025, Nigeria lost an estimated 30 to 40 million metric tonnes of food to post-harvest inefficiencies across major value chains, particularly tomatoes, vegetables, fruits, dairy, meat, fish, and root crops.

    “In monetary terms, this translates to approximately ₦3.5 trillion to ₦5 trillion in economic losses,” Isong said.

    He explained that the losses represented food that had already been cultivated, harvested and transported.

    “When such volumes are lost due to inadequate cold storage, poor logistics, and weak infrastructure, the country is effectively losing Gross Domestic Product that has already been created.

    “Farmers had already invested in land preparation, seedlings, fertiliser, labour, irrigation and transport before these products were lost due to weak cold storage and logistics systems.

    “Post-harvest loss is not just an agricultural problem, it is an infrastructure and economic challenge,” he said.

    Isong, also the Country Director – Nigeria for World Agriculture Forum, noted that without certified cold chain systems, Nigeria would continue to struggle with food inflation, reduced farmer income and limited export competitiveness.

    He stressed the need for urgent national investment in refrigerated transport, aggregation centres and modular cold storage facilities to curb the losses.

    He described cold chain infrastructure as the missing link between agricultural production and economic prosperity.

    Isong described lack of adequate cold storage facilities as the primary obstacle which severely hampers efforts to address post-harvest losses.

    “Cold chain is an integral part of agriculture, and without sufficient investment, the sector’s growth and potential is severely limited,” he said. #Nigeria Records N5trn Post-Harvest Losses in 2025#

    How SEC Can Achieve 20m Investors’ Target

    Nigeria Post Harvest Losses
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Related Posts

    News

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026
    News

    Nigeria, Egypt, South Africa Dominate Africa’s Equity Markets — AfDB

    May 27, 2026
    News

    ACCI Seeks Simpler Tax Compliance, Business-Friendly Reforms

    May 26, 2026
    News

    Nigeria, West Africa’s Growth to Remain Stable at 4.7% in 2026 — AfDB

    May 26, 2026
    News

    GCR Affirms MTN Nigeria AAA Ratings, Outlook Stable

    May 26, 2026
    Banking

    UBA Unveils Innovation Centre at UNILAG Campus

    May 25, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026

    SOLUSD – Solana Price Climbs on Huge Spot ETF Inflows

    May 30, 2026
    Latest Posts

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026

    Nigeria, Egypt, South Africa Dominate Africa’s Equity Markets — AfDB

    May 27, 2026

    ACCI Seeks Simpler Tax Compliance, Business-Friendly Reforms

    May 26, 2026

    Nigeria, West Africa’s Growth to Remain Stable at 4.7% in 2026 — AfDB

    May 26, 2026

    GCR Affirms MTN Nigeria AAA Ratings, Outlook Stable

    May 26, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

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