General
Apprehension as 26.5 million Nigerians Risk Food Insecurity in 2024
By Adedapo Adesanya
The federal government is looking at fresh measures to tackle the high levels of food insecurity as Nigeria is expected to see about 26.5 million people grappling with this issue in 2024.
This was disclosed by the government and its partners during the unveiling of the October 2023 Cadre Harmonisé analysis on food insecurity, which showed that approximately 9 million children are at risk of suffering from acute malnutrition or wasting. Of these, an alarming 2.6 million children could face Severe Acute Malnutrition (SAM) and require critical nutrition treatment.
The Cadre Harmonisé, an initiative focused on food and nutrition analysis, conducts studies biannually (in March and October) across 26 states and the Federal Capital Territory (FCT). With FG and the United Nations (UN) system’s support, the latest projection for 2024 indicates a sharp rise from the 18.6 million people currently vulnerable to food insecurity from October to December 2023.
According to the research, several factors are driving this trend, including ongoing conflicts, climate change impacts, escalating inflation, and rising costs of both food and essential non-food commodities (in part due to the devaluation of the Naira and the discontinuation of the fuel subsidy) as well as persistent violence in the northeastern states of Borno, Adamawa, and Yobe (BAY) which is hindering food availability and access.
Additionally, armed banditry and kidnappings in northwest and north-central states, including Katsina, Sokoto, Kaduna, Benue, and Niger, exacerbate the prevailing economic struggles.
Out of the 18.6 million people who experience food insecurity today, 3.3 million live in the northeastern states of the BAY region. This number might rise to 26.5 million nationwide by the height of the 2024 lean season (and to 4.4 million in the BAY states) if immediate action is not taken.
Speaking on this, Mr Ernest Umakhihe, the Permanent Secretary of the Ministry of Agriculture and Food Security, who was represented by Mrs Fausat Lawal, Director of Special Duties, underscored the significance of the Cadre Harmonisé during a presentation in Abuja.
He highlighted that despite Government efforts, external challenges like the ongoing global economic effects of COVID-19 and the Russia-Ukraine war, which disrupts food systems, persist.
On his part, Mr Dominique Koffy Kouacou, the FAO Representative ad interim in Nigeria and to ECOWAS, while calling on the Government to expand CH coverage to the remaining 10 states said, FAO would continue to support the Government and the people of Nigeria to overcome food insecurity and malnutrition.
“In 2024, alongside our partners, FAO’s focus will be on agrifood systems transformation with deliberate attention on resilience-building, nutrition-sensitive agriculture, livestock, fisheries, and providing extension services.”
The Office for the Coordination of Humanitarian Affairs (OCHA) reported that floods in October 2023 in Adamawa impacted around 8,500 households, leading to mass displacements, particularly among women, children, and the elderly. Such extreme weather patterns, linked to the El Niño phenomenon, are further undermining food security
“Food insecurity and malnutrition are among the main drivers of humanitarian need in the BAY states,” said Mr Trond Jensen, the head of OCHA in Nigeria.
“People have been forced to adopt negative coping mechanisms such as survival sex and child labour to stay alive. Over the past year, dozens of farmers have lost their lives, and others have been abducted or injured while eking out a living outside the security perimeters of Borno’s garrison towns due to limited farming lands and few or no livelihood options,” he added.
UNICEF’s Country Representative, Ms Cristian Munduate, emphasized the urgent need for action, noting that “Every child deserves proper nutrition and a life free from hunger. It’s not merely a responsibility but a moral duty for governments and the global community to ensure these rights are upheld.”
Highlighting the long-standing issue, Mr David Stevenson, WFP’s Country Representative, said, “The hunger crisis in Nigeria, fueled by the ongoing conflict in the northeast, needs urgent addressing. Restoring peace in the northeast is critical for us to build pathways to production and achieve the northeast’s potential as the food basket of the country”.
General
4th South Africa Focus Week Begins in Lagos to Strengthen Bilateral Ties
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
General
EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over Alleged Diverted Loans
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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