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
NCSP Strengthens Strategic Investment Cooperation With China
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
General
UKNIAF Marks Six Years Infrastructure Support to Nigeria
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
General
Dangote Refinery Reduces PMS Pump Price to N699 Per Litre
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
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