Audio By Carbonatix
Nigeria's President Bola Tinubu has declared a state of emergency on food security to address ongoing food inflation.
Immediate, medium and long-term interventions have been designed by the government to combat the shortages.
These range from providing fertilisers and grains to farmers and households to assigning responsibility for food and water to the National Security Council.
The government plans to allocate funds from the fuel subsidy removal to support the agricultural sector and establish a National Commodity Board to regulate and stabilise food prices.
President Tinubu emphasised the initiatives' goals of reducing food costs, promoting agriculture and generating employment opportunities.
In a post on his Twitter handle, President Tinubu said that the "new initiatives will tackle rising food costs, enhance agriculture, and boost job creation".
"No one will be left behind in our efforts to ensure affordable, plentiful food for every Nigerian," he tweeted.
Today, we declared a state of emergency and unveiled a comprehensive intervention plan on food security, affordability, and sustainability, taking decisive action to tackle food inflation. These are steps towards a more food secure Nigeria for all.
— Bola Ahmed Tinubu (@officialABAT) July 13, 2023
Our new initiatives will tackle… pic.twitter.com/DBb81p1jd2
Earlier in the month, a former governor in northern Nigeria expressed concern that the country may face a food crisis soon due to banditry in the North.
The International Monetary Fund warned of increased food prices and risks due to floods and expensive fertilisers.
Latest Stories
-
Construction emissions pose rising climate risk, Scientists Say
3 hours -
AFCON 2025: Senegal beat Morocco to win second title
5 hours -
Sports journalist Alex Kobina Stonne elected UniMAC External Affairs Commissioner
5 hours -
NDC’s economic gains ‘cosmetic’; real impact yet to be felt – Bryan Acheampong
5 hours -
WEF warns geoeconomic confrontation now world’s biggest threat
6 hours -
Top 10 safest countries in Africa for travellers in 2026: Ghana places 7th
7 hours -
Inflation to remain within lower bound of medium-term target of 8 ± 2% – BoG
7 hours -
Bright Simons: Ghana’s budget should follow gold, not oil
7 hours -
Stress test on restructured government bonds: Banks appear resilient to shocks – BoG
7 hours -
T-bills auction: Investor interest continued to surge, but interest rates soar
7 hours -
2025/26 Ghana League: Holy Stars edge Bechem United to secure vital home victory
9 hours -
Gun amnesty programme extended by two weeks
9 hours -
Tano North farmers threaten demonstration against Newmont ‘unfair compensation’
9 hours -
GPL 2025/26: Richmond Opoku brace sees Young Apostles draw with Hohoe United
9 hours -
Over 75% of NPP Parliamentary candidates outpolled Bawumia in 2024 – Bryan Acheampong
9 hours
