The Nigerian Senate has taken steps to reduce the country's stimated $2 billion annual rice import bill as it pushed forward new legislation aimed at strengthening domestic food production and boosting agricultural self-sufficiency. At plenary, lawmakers considered and adopted committee reports on three agriculture-focused bills designed to increase local output, stabilise food supply, and cut …
As conflict in the Middle East enters the second month, there are concerns about the ripple effects on developing economies that depend on imported energy, fertilisers and staple food commodities. For Nigeria, a country already grappling with inflation, currency volatility, and structural inefficiencies, the stakes are particularly high. Rising Costs at the Markets At the …
For years, Nigeria’s economic debates have revolved around oil prices, exchange rates and inflation. Yet beneath these top issues lies a quieter system that determines whether food reaches markets, medicines reach hospitals, and factories remain open- the supply chain. A new report by Rome Business School Nigeria (RBSN) argues that Nigeria’s weak and fragmented supply …
Vice President Kashim Shettima has said Nigeria now views food security as a fundamental macroeconomic, security, and governance issue, not merely an agricultural concern. He made the remarks at a high-level panel on ‘When Food Becomes Security’ during the 56th World Economic Forum (WEF) in Davos, Switzerland. According to a statement on Thursday by his …
Somalia’s government has denied U.S. allegations that authorities in Mogadishu destroyed a World Food Programme (WFP) warehouse and seized food aid intended for vulnerable civilians. The dispute prompted the U.S. State Department to suspend all assistance to Somalia’s federal government, citing a zero-tolerance policy for the waste or diversion of life-saving aid. A senior U.S. …
A coalition of farmers, scientists, nutritionists, legal and medical practitioners, civil society organisations, women and youth groups has called on the Federal Government to immediately ban genetically modified organisms (GMOs) in Nigeria. The call follows a 2024 House of Representatives recommendation urging the suspension of GMOs pending a full investigation into their regulatory framework. The …
The Federal Government has allocated fertiliser worth over ₦450 million to farmers in Jigawa State for sale at subsidised rates, as part of efforts to boost food production and strengthen food security under President Bola Ahmed Tinubu’s Renewed Hope Agenda. Governor Umar Namadi announced the initiative during a Citizens’ Engagement Programme held in Miga, headquarters …
The Federal Government says it has launched several intervention programmes to ease the ongoing food crisis and boost agricultural productivity across the country. Minister of Agriculture and Food Security, Abubakar Kyari, stated this on Monday in Akure during the distribution of farm inputs to local farmers. Kyari explained that the programmes aim to tackle the …
As the world marks World Food Day 2025 under the theme “Hand in Hand for Better Foods and a Better Future,” Nigeria faces a stark reality. Once renowned for its rich culinary heritage and fertile farmlands, the nation now grapples with import dependency, ultra-processed diets, rising food inflation, and fragile agricultural systems. This is more …
China has accelerated purchases of Argentine soybeans, booking about 20 cargoes, or 1.3 million tons, since Buenos Aires scrapped export taxes earlier this week, traders said on Wednesday. The surge makes Argentine beans more competitive and continues to erode U.S. market share, already hit by tariffs from the ongoing U.S.-China trade war. Most of the …
