Food inflation
10 Apr
As a result of insecurity, higher transportation costs, poor topography and bad roads, the cost of trade in Nigeria is four to five times higher than what is obtained in the United States, the World Bank has revealed.
4 Apr
The Development Agenda for Western Nigeria (DAWN) Commission has called on President Bola Tinubu to tackle insecurity headlong and put more money into rural access roads to reduce the rate of inflation in the country.
16 Mar
Although, the rising prices of food items have driven Nigeria’s inflation to 31.70 per cent in February 2024, experts have warned against the creation of a price control board being canvassed by hapless Nigerians, saying toeing that part would worsen the situation.
10 Mar
To tackle the rising food inflation in the country, stakeholders in the agricultural sector have called for the adoption of agro ecology to mitigate the impact of the use of chemicals on food production in the country.
19 Feb
Ibadan residents, especially the youths and traders, on Monday, stormed the streets of the ancient city to protest the high cost of living in the country.
17 Feb
Nigeria has intensified security checks at its border in bid to crack down on food smuggling to neighbouring countries as food inflation and economic crises continue to wreak havoc.
8 Feb
Kano State Public Complaints and Anti-Corruption Commission has vowed to resist any attempt or threats by business operators to close any food market over instability in the price of commodities. The commission warned dealers caught hoarding food items in the city will face dire consequences if they do not desist from the act that is…
27 Jan
The Federal Government and Niger Government have reiterated commitment to ensuring food security and driving down food inflation. The Minister of Agriculture and Food Security, Sen. Abubakar Kyari and Gov. Mohammed Bago of Niger stated this when Bago visited Kyari on Friday in Abuja.
15 Jan
Minister of Agriculture and Food Security, Abubakar Kyari; Finance and Coordinating Minister of the Economy, Wale Edun; the Minister of Budget Planning, Atiku Bagudu, and other stakeholders in the agriculture sector have met to boost food production and reduce food inflation.
2 Jan
Minister of Agriculture and food Security, Abubakar Kyari, has assured that the Federal Government is working assiduously to address the high food inflationary trend.
6 Dec
An All Progressives Congress (APC) chieftain in Osun State, Olatunbosun Oyintiloye, has commended President Bola Tinubu for approving 50 per cent reduction in the cost of agricultural inputs ahead of commencement of dry season farming in the country.
25 Oct
Then came the Economy Recovery Growth Plan (ERGPs) of Muhammadu Buhari’s administration (2015- 2023), stepping the policy economics forward with so much funding for agriculture in the name of economic diversification, a whooping N1 trillion went into rice....
Latest
12 mins ago
Liverpool were knocked out of the Europa League by Atalanta with the Italian side reaching the semi-finals 3-1 on aggregate on Thursday.
1 hour ago
The New Nigeria People's Party (NNPP), on Thursday, declared its readiness for reconciliation with former members who have expressed a desire to rejoin the party. NNPP also debunked the claims made by some expelled individuals who announced the suspension of Governor Abba Kabir Yusuf of Kano State for attending the NNPP national convention. The Acting…
1 hour ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
1 hour ago
Nigeria's Tunde Onakoya has completed one full day in his attempt to break the Guinness World Record for longest Chess marathon in Times Square, United States. Onakoya is attempting to break the longest chess marathon which currently stands at 56 hours,nine minute and 37 seconds. The record was achieved by Hallvard Haug Flatebø and Sjur…
2 hours ago
The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
2 hours ago
Cryptocurrency exchange company, Binance said it is working very closely with the Nigerian government over its detained executive. The CEO of Binance, Richard Teng, disclosed this on Thursday with the company's head of financial crime compliance still in detention in Nigeria. The Nigerian government's Economic and Financial Crimes Commission (EFCC) is prosecuting Binance for laundering…
3 hours ago
Landmark Group said the Lagos State government is yet to consult it on the Lagos-Calabar coastal road construction and beach sand filling. Landmark made this disclosure in a statement on Thursday and said the issue of the Lagos-Calabar coastal road passing through Landmark Beach remains a topic of wide-reaching discourse. The Group said it wants…
3 hours ago
The General Officer Commanding (GOC), 82 Division, Nigerian Army, Maj-Gen. Hassan Dada, has expressed concern about the high number of weapons in unauthorized hands in Nigeria.
4 hours ago
The National Chairman of All Progressives Congress (APC) Dr. Abdullahi Umar Ganduje has secured an exparte injunction restraining further action on his purported suspension as member of the party. In an exparte motion granted by Federal high Court in Kano, Wednesday, Justice A. U Liman ordered the purported suspension of Ganduje as member of the…
5 hours ago
The Economic and Financial Crimes Commission (EFCC) on Thursday declared former Kogi State governor Yahaya Bello wanted. The EFCC is prosecuting Bello over an allege money laundering of N80.2billion. The former governor was absent in court earlier today when the EFCC arraigned him. Bello’s arraignment is coming on the heels of a warrant of arrest…