General
Why Nigeria is Facing Worsening Food Crisis—Veriv’s Survey
By Adedapo Adesanya
A data insights company, Veriv Africa, has called for increased focus on tackling insecurity and boosting private sector involvement in the Nigerian agriculture to help staunch the growing food crisis in the country.
This was informed by its survey, Veriv Africa Nigeria Food Price Baseline Survey 2025, which found that the country is facing a worsening food crisis stemming from systemic challenges such low agricultural productivity, insufficient policies, dearth in policy harmonisation, as well as climate, geopolitical, and economic shocks.
The survey examined the state of Nigeria’s agricultural sector, focusing on six key crops: cocoa, sesame, rice, corn, tomato, and yam. The study, conducted across five case-study states, revealed critical challenges and opportunities within these value chains.
The report found that despite agriculture employing 30.1 per cent of Nigeria’s labour force and contributing 24.64 per cent to GDP, the country faces a food crisis with food inflation reaching 26.08 per cent in January 2025 and 33 million people are projected to experience food insecurity.
It warned that Nigeria’s crop yields are significantly below global averages, indicating substantial inefficiency in the sector.
According to the study shared with Business Post, Nigeria’s maize yields stand at 1.939.1 kilograms per hectare (kg/ha), significantly below the global average of 5,962.3 kg/ha and the African average of 2,154.8 kg/ha.
At the same time, rice yields in Nigeria (1,974 kg/ha) also lag behind the global average of 4.751.8 kg/ha and the African average of 2.313.3 kg/ha, citing data from the United Nation’s Food and Agriculture Organisation (FAO) data from 2023.
This is also similar across other select crops like cocoa, millet, and tomato.
The survey, which included 543 farmers, found that most farmers operate on small land holdings (1-4 acres) and rely on family labour and found that most farmers (60 per cent) finance their activities through personal savings, indicating a lack of access to formal credit.
The data also showed that key challenges faced by Nigerian farmers include lack of access to finance (54 per cent), insecurity (21 per cent), and post-harvest losses (12 per cent).
Farmers desire greater access to finance (52 per cent), improved security (22 per cent), and access to subsidised inputs (19 per cent) as key interventions.
Most farmers (64 per cent) feel better off than in previous planting seasons due to high crop prices, but over half of the surveyed expect the country to be worse off in the next twelve months.
While 82.5 per cent of farmers plan to continue with their primary crops, those who plan to change highlight high input costs, pests, diseases, and low yields as reasons.
Veriv recommended that addressing security challenges, attracting more private sector participation in food production activities, providing rural infrastructure, and establishing staple crop processing zones (SCPZs) in physical proximity to core crop-producing zones is a good course of action.
The firm also advocated democratising and decentralising agricultural extension services to farmers, adopting modern farming techniques, and promoting access to finance to unlock the sector’s potential and ensure food security.
Speaking on the survey, the co-founder of Veriv Africa, Mr Basil Abia, told Business Post that Nigeria lacks an updated central food production data and this survey provides a tentative outlook before the company releases a wider general agriculture data for the country, which will be released later this year.
“As the months go, we will add more crops and expand coverage regarding the value chains; we shall add another layer by 2027 with a beta test by December 2026. That layer is a for a marketplace and mostly for international businesses that want raw materials from Nigeria.”
He pointed out that the first phase of the project are important for social impact projects before evolving into serving corporate needs that will see companies have adequate data for making their decisions.
By Adedapo Adesanya
The Lagos State Government has officially launched its annual Medium-Term Sector Strategy (MTSS) Roll-Over Exercise for the 2026–2028 planning cycle.
According to a statement, this reaffirms its commitment to sustainable development and effective governance.
Speaking at the opening session of the workshop yesterday at the LCCI building, Ikeja, the Permanent Secretary of the Ministry of Economic Planning and Budget, Mrs Olayinka Ojo, welcomed stakeholders and emphasized the importance of the MTSS as a cornerstone in the State’s planning framework.
Mrs Ojo stated that the strategy is to ensure that all projects and programs initiated by Ministries, Departments, and Agencies (MDAs) are not only well-prioritized and realistically costed but also aligned with the Lagos State Development Plan (LSDP) 2052.
Her words, “The vision of our dear State, under the dynamic leadership of Governor Babajide Olusola Sanwo-Olu, is to build Africa’s model megacity — a global economic and financial hub that is safe, secure, functional, and productive.”
“Achieving this vision requires deliberate planning, effective resource allocation, and a disciplined approach to project execution,” she said.
The roll-over session, which gathered representatives – economic planning officers and statisticians/statistical officers from various MDAs and development partners, aims to critically assess ongoing and proposed initiatives for their transformational impact, alignment with sectoral strategies, and responsiveness to current fiscal realities.
“We must ask ourselves: Are these projects truly transformational? Are they aligned with our long-term goals? Are they cost-effective and impactful?” the Permanent Secretary queried, urging participants to embrace openness and professionalism in their evaluations.
The event also underscored the need for flexibility and innovation in government planning amid global uncertainties. Officials called for future-proof and sustainable programs capable of delivering measurable benefits to Lagos residents.
The Economic Planning Department of the Ministry of Economic Planning and Budget was commended for its coordination of the exercise, with special appreciation extended to MDAs and development partners for their continued collaboration.
The roll-over exercise is expected to culminate in a refined set of priorities that will guide Lagos State’s development agenda for the years ahead.
By Adedapo Adesanya
The British Government has distanced itself from the actions of Mr Micah Polo, an alleged British army officer, who was recently apprehended in connection with arms procurement and an alleged plot to instigate unrest in Warri, Delta State.
The development has received widespread condemnation with many stakeholders demanding a thorough probe of the indicted soldier and alleging that the UK was fuelling instability in the country.
In a short statement shared with Business Post on Wednesday, the British High Commission acknowledged that the individual identified did serve as a junior rank in the UK Armed Forces Reserves but was later discharged. It didn’t provide further details.
According to a statement credited to an unnamed spokesperson, the British High Commission in the statement said, “The individual identified in recent Nigerian media reporting is not a serving member of the UK Armed Forces.”
The British High Commission added that whilst in the Reserves, Mr Polo was a junior rank not a commissioned officer. Many reports had ascribed him a Major.
This newspaper learnt that UK common law and Data Protection Act protects the personal details of current and former employees, hence why it was not able to release any additional information on the matter.
According to reports, Mr Polo, an Itsekiri by origin, was allegedly recruited by one Collins to procure weapons and ammunition intended to fuel tribal tensions in the oil-rich region.
However, operatives of the Department of State Security (DSS) from the Delta Command were said to have foiled the move on Friday night and arrested the arms supplier during a covert exchange near Asaba, Delta State.
During the operation, over 50 AK-47 rifles, six pump-action shotguns, and more than 3,000 rounds of ammunition were confiscated.
Mr Polo, on the other hand, was intercepted in Lagos as he attempted to board a flight to the United Kingdom, while his associates were apprehended in Asaba during the operation.
By Adedapo Adesanya
The Minister of Interior, Mr Olubunmi Tunji-Ojo, has announced plans to establish a harmonised centre to combat immigration document fraud.
Speaking while receiving the UK Minister of State for Home Affairs, Mr David Hanson, in his office in Abuja, Mr Tunji-Ojo highlighted the need for a centralised system to verify documents in real time.
“One of the key issues we also realised with border control is what we call immigration and document fraud. It is very key and we realised that one of the reasons why this is quite on the rise is because there is no centralised pool of authentication and verification of documents in real time.
“So, today, if people submit 20 documents, you might need to go to 20 issuing agencies to verify 20 documents belonging to one person. So, if you have 1,000 people per day, you might need to look for 100,000 verification and authentication systems. That breeds inefficiency,” he said.
Mr Tunji-Ojo added that the centre would authenticate documents like passports, birth certificates, and bank statements, enhancing Nigeria’s image and investor confidence.
“As a government, we are trying to be more proactive than reactive, and we don’t want to judge our performance in terms of fraud by virtue of recoveries or convictions, but rather by the number of crimes or frauds that we prevented from happening,” he stated.
On his part, Mr Hanson emphasised the shared agenda between Nigeria and the UK to improve criminal justice outcomes.
“There is a great common agenda that we can share and I am particularly keen to look at how we are working together closely. My visit this week will also look at the new joint centre that you are undertaking,” he said.
He noted ongoing UK-Nigeria collaboration on migration policies, visa systems, and trade, following Mr Tunji-Ojo’s recent meeting with UK Home Secretary, Ms Yvette Cooper.
The UK delegation included officials from the Home Office, National Crime Agency, and UK High Commission in Nigeria.
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