Economy
New Wheat Rust Races Found in Europe, Africa, Central Asia
By Dipo Olowookere
Wheat rust, a family of fungal diseases that can cause crop losses of up to 100 percent in untreated susceptible wheats, is making further advances in Europe, Africa and Asia, according to two new studies produced by scientists in collaboration with FAO.
The reports, highlighted in the journal Nature following their publication by Aarhus University and the International Maize and Wheat Improvement Center (CIMMYT), show the emergence of new races of both yellow rust and stem rust in various regions of the world in 2016.
At the same time, well-known existing rust races have spread to new countries, the studies confirm, underlining the need for early detection and action to limit major damage to wheat production, particularly in the Mediterranean basin.
Wheat is a source of food and livelihoods for over 1 billion people in developing countries. Northern and Eastern Africa, the Near East, and West, Central and South Asia – which are all vulnerable to rust diseases − alone account for some 37 percent of global wheat production.
“These new, aggressive rust races have emerged at the same time that we’re working with international partners to help countries combat the existing ones, so we have to be swift and thorough in the way we approach this,” said FAO Plant Pathologist Fazil Dusunceli. “It’s more important than ever that specialists from international institutions and wheat producing countries work together to stop these diseases in their tracks − that involves continuous surveillance, sharing data and building emergency response plans to protect their farmers and those in neighboring countries.”
Wheat rusts spread rapidly over long distances by wind. If not detected and treated on time, they can turn a healthy looking crop, only weeks away from harvest, into a tangle of yellow leaves, black stems and shriveled grains.
Fungicides can help to limit damage, but early detection and rapid action are crucial. So are integrated management strategies in the long run.
Mediterranean most affected by new rusts
On the Italian island of Sicily, a new race of the stem rust pathogen −called TTTTF− hit several thousands of hectares of durum wheat in 2016, causing the largest stem rust outbreak that Europe has seen in decades. Experience with similar races suggests that bread wheat varieties may also be susceptible to the new race.
TTTTF is the most recently identified race of stem rust. Without proper control, researchers caution, it could soon spread over long distances along the Mediterranean basin and the Adriatic coast.
Various countries across Africa, Central Asia and Europe, meanwhile, have been battling new strains of yellow rust never before been seen in their fields.
Italy, Morocco and four Scandinavian countries have seen the emergence of an entirely new, yet-to-be-named race of yellow rust. Notably, the new race was most prevalent in Morocco and Sicily, where yellow rust until recently was considered insignificant. Preliminary analysis suggests the new race is related to a family of strains that are aggressive and better adapted to higher temperatures than most others.
Wheat farmers in Ethiopia and Uzbekistan, at the same time, have been fighting outbreaks of yellow rust AF2012, another race which reared its head in both countries in 2016 and struck a major blow to Ethiopian wheat production in particular. AF2012 was previously only found in Afghanistan, before appearing in the Horn of Africa country last year, where it affected tens of thousands of hectares of wheat.
“Preliminary assessments are worrisome, but it is still unclear what the full impact of these new races will be on different wheat varieties in the affected regions,” said Dusunceli. “That’s what research institutions across these regions will need to further investigate in the coming months.”
By Adedapo Adesanya
The United Kingdom via the British High Commission in Abuja has launched two flagship economic reform programmes – the Nigeria Economic Stability & Transformation (NEST) programme and the Nigeria Public Finance Facility (NPFF) -as part of efforts to support Nigeria’s economic reform and growth agenda.
Backed by a £12.4 million UK investment, NEST and NPFF sit at the centre of the UK-Nigeria mutual growth partnership and support Nigeria’s efforts to strengthen macroeconomic stability, improve fiscal resilience, and create a more competitive environment for investment and private-sector growth.
Speaking at the launch, Cynthia Rowe, Head of Development Cooperation at the British High Commission in Abuja, said, “These two programmes sit at the heart of our economic development cooperation with Nigeria. They reflect a shared commitment to strengthening the fundamentals that matter most for our stability, confidence, and long-term growth.”
The launch followed the inaugural meeting of the Joint UK-Nigeria Steering Committee, which endorsed the approach of both programmes and confirmed strong alignment between the UK and Nigeria on priority areas for delivery.
Representing the Government of Nigeria, Special Adviser to the President of Nigeria on Finance and the Economy, Mrs Sanyade Okoli, welcomed the collaboration, touting it as crucial to current, critical reforms.
“We welcome the United Kingdom’s support through these new programmes as a strong demonstration of our shared commitment to Nigeria’s economic stability and long-term prosperity. At a time when we are implementing critical reforms to strengthen fiscal resilience, improve macroeconomic stability, and unlock inclusive growth, this partnership will provide valuable technical support. Together, we are laying the foundation for a more resilient economy that delivers sustainable development and improved livelihoods for all Nigerians.”
On his part, Mr Jonny Baxter, British Deputy High Commissioner in Lagos, highlighted the significance of the programmes within the wider UK-Nigeria mutual growth partnership.
“NEST and NPFF are central to our shared approach to strengthening the foundations that underpin long-term economic prosperity. They sit firmly within the UK-Nigeria mutual growth partnership.”
By Aduragbemi Omiyale
A strategic partnership aimed at accelerating the growth, digital capacity, and sustainability of Nigeria’s 40 million Micro, Small and Medium Enterprises (MSMEs) has been signed by MTN Nigeria and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).
The collaboration will feature joint initiatives focused on digital inclusion, financial access, capacity building, and providing verified information for MSMEs.
With millions of small businesses depending on accurate guidance and easy-to-access support, MTN and SMEDAN say their shared platform will address gaps in communication, misinformation, and access to opportunities.
At the formal signing of the Memorandum of Understanding (MoU) on Thursday, November 27, 2025, in Lagos, the stage was set for the immediate roll-out of tools, content, and resources that will support MSMEs nationwide.
The chief operating officer of MTN Nigeria, Mr Ayham Moussa, reiterated the company’s commitment to supporting Nigeria’s economic development, stating that MSMEs are the lifeline of Nigeria’s economy.
“SMEs are the backbone of the economy and the backbone of employment in Nigeria. We are delighted to power SMEDAN’s platform and provide tools that help MSMEs reach customers, obtain funding, and access wider markets. This collaboration serves both our business and social development objectives,” he stated.
Also, the Chief Enterprise Business Officer of MTN Nigeria, Ms Lynda Saint-Nwafor, described the MoU as a tool to “meet SMEs at the point of their needs,” noting that nano, micro, small, and medium businesses each require different resources to scale.
“Some SMEs need guidance, some need resources; others need opportunities or workforce support. This platform allows them to access whatever they need. We are committed to identifying opportunities across financial inclusion, digital inclusion, and capacity building that help SMEs to scale,” she noted.
Also commenting, the Director General of SMEDAN, Mr Charles Odii, emphasised the significance of the collaboration, noting that the agency cannot meet its mandate without leveraging technology and private-sector expertise.
“We have approximately 40 million MSMEs in Nigeria, and only about 400 SMEDAN staff. We cannot fulfil our mandate without technology, data, and strong partners.
“MTN already has the infrastructure and tools to support MSMEs from payments to identity, hosting, learning, and more. With this partnership, we are confident we can achieve in a short time what would have taken years,” he disclosed.
Mr Odii highlighted that the SMEDAN-MTN collaboration would support businesses across their growth needs, guided by their four-point GROW model – Guidance, Resources, Opportunities, and Workforce Development.
He added that SMEDAN has already created over 100,000 jobs within its two-year administration and expects the partnership to significantly boost job creation, business expansion, and nationwide enterprise modernisation.
By Adedapo Adesanya
The Nigerian Exchange (NGX) Limited is seeking review of the controversial Capital Gains Tax increase, fearing it will chase away foreign investors from the country’s capital market.
Nigeria’s new tax regime, which takes effect from January 1, 2026, represents one of the most significant changes to Nigeria’s tax system in recent years.
Under the new rules, the flat 10 per cent Capital Gains Tax rate has been replaced by progressive income tax rates ranging from zero to 30 per cent, depending on an investor’s overall income or profit level while large corporate investors will see the top rate reduced to 25 per cent as part of a wider corporate tax reform.
The chief executive of NGX, Mr Jude Chiemeka, said in a Bloomberg interview in Kigali, Rwanda that there should be a “removal of the capital gains tax completely, or perhaps deferring it for five years.”
According to him, Nigeria, having a higher Capital Gains Tax, will make investors redirect asset allocation to frontier markets and “countries that have less tax.”
“From a capital flow perspective, we should be concerned because all these international portfolio managers that invest across frontier markets will certainly go to where the cost of investing is not so burdensome,” the CEO said, as per Bloomberg. “That is really the angle one will look at it from.”
Meanwhile, the policy has been defended by the chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, who noted that the new tax will make investing in the capital market more attractive by reducing risks, promoting fairness, and simplifying compliance.
He noted that the framework allows investors to deduct legitimate costs such as brokerage fees, regulatory charges, realised capital losses, margin interest, and foreign exchange losses directly tied to investments, thereby ensuring that they are not taxed when operating at a loss.
Mr Oyedele also said the reforms introduced a more inclusive approach to taxation by exempting several categories of investors and transactions.
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