News
Nigeria’s Food Shortage Reaches 5.7 Million Metric Tonnes – AFEX
Published
2 years agoon
By
Editor
As food prices continue to soar unabatedly and harrowing hunger frustrating Nigerians, AFEX, weekend, reported that Nigeria’s food shortage reaches 5.7 million metric tonnes.
AFEX being one of Africa’s leading commodities made this known during the unveil of its 2023 Crop Production Report in an hybrid event.
The report highlighted major factors as causes of food shortage in Nigeria, which had pushed the country to 109th out of 125 countries as indicated on Global Hunger Index, and described it as alarmingly high, indicating a severe food security crisis.
The report highlighted food insecurity and food inflation as a major challenge for Nigeria, with a 5.7 million metric ton shortage across human consumption and agro processing, and a historic high food inflation rate of 30.64%.
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The report noted that as food prices continue to surge, as witnessed in the 2023 season, food security challenges will continue to persist, further reducing the continent’s capacity to achieve Zero hunger by 2030.
The report highlights a critical improvement in access to farmland for cultivation in crucial areas.
According to the report, there is an increase in the usage of improved inputs, such as high-yielding seeds and fertilizers, compared to last season, which contributed to Maize and Paddy rice being forecasted to have a significantly higher production this season.
However, input lending remains a major challenge today, with agriculture making only 6.16% of bank lending in 2022.
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The President/CEO of AFEX Nigeria, Akinyinka Akintunde, speaking during the launch of the report said: “This year, we nearly doubled our sample size from 20,677 to 39,091 to get an accurate reflection of the current state of Agriculture production, and we found that we must take extra care to prioritize improvement in agricultural productivity for these farmers, and this is hinged on investing in the sector, and solving for infrastructure, logistics, and technology gaps.
“This transformation will substantially enhance food self-sufficiency and increase our ability to meet the nutritional and food security needs of a growing population while also bolstering the economy through foreign exchange earnings.”
“A recurring limitation for agriculture on the continent is a shortage of reliable data, which affects the availability of transparent pricing and limits, on one hand, participation from the side of capital market operators and largely financial market players and on the other hand, farmers’ ability to negotiate equitable contracts for themselves.
“This report attempts to build that gap by building a reliable data bank to promote market education and facilitate accurate trading decisions.”
However, the report forecasts higher prices for Paddy rice, Soybean, Sorghum, Cocoa, and Sesame.
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On pricing, the report forecasts an increase in prices for all commodities on the basis of a general decline in production coupled with increasing demand for across processing and exports.
Paddy Rice which faced the most notable upswing in 2022/2023, partly due to increased flooding and the India rice ban that contributed to an increase of 34% and a baseline pricing of NGN353,000/mt, which is expected to rise to NGN400,000/mt and projected to stabilize at NGN480,GN500,000/mt by Q3 2023.
Meanwhile, the six key commodities (Maize, Paddy rice, Soybean, Sorghum, Cocoa, and Sesame), which leveraged on farmer surveys and measurement of transaction-level data to track vital information across crop production, price performance, and market dynamics.
The report will aid the understanding of the current food system while providing stakeholders’ in the commodities market with intel to make data-driven trading decisions in the coming season.
AFEX is a platform business that enables efficient trade for commodities in Africa. Solutions start at the producer level, ensuring improvement in productivity and livelihoods while building up commodity volumes in the right quality and quantity for local and regional trade.
VANGUARD
News
Tinubu Approves Portfolios For 5 NCDC Executive Directors
Published
3 hours agoon
September 15, 2025By
Editor
President Bola Tinubu has approved portfolios for five executive directors on the board of the North Central Development Commission (NCDC).
Mr Segun Imohiosen, Director, Information and Public Relations, Office of the Secretary to the Government of the Federation (SGF), made the announcement in a statement issued on Monday in Abuja.
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The appointees and their portfolios are: Hajiya Biliquis Jumoke- Administration and Human Resources, Mrs Aisha Rufai Ibrahim-Commercial and Industrial Development.
Others are, Mr James Abel Uloko-Corporate Services, Prof. Muhammad Bashar-Finance and Atika Ajanah-Projects.
The president urged the executive directors to work closely with the governing board of the commission to promote and coordinate sustainable development of the North-Central geopolitical zone.”
News
Court Orders Arrest Of 2 Lawyers Over Alleged Forgery, Impersonation
Published
4 hours agoon
September 15, 2025By
Editor
A High Court of the Federal Capital Territory, FCT, sitting at Apo, on Monday, issued a bench warrant against two lawyers charged with forgery and impersonation.
Justice Jude Onwuegbuzie made the arrest order following repeated failure of the defendants- Victor Giwa, and Ibitade Bukola- to appear before the court to enter their plea to the charge that was preferred against them by the Inspector General of Police.
In the charge marked: CR/150/25, the duo were accused of conspiring to forge a legal document purportedly issued by the chambers of a Senior Advocate of Nigeria, SAN, Prof. Awa U. Kalu, with the intent to mislead the Attorney General of the Federation, AGF.
According to the three-count charge, the alleged offence occurred on June 28, 2024.
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The prosecution alleged that the defendants forged and signed a letter on the official letterhead of the SAN, requesting the AGF to suspend a scheduled arraignment.
The contentious letter, titled “Urgent and Solemn Appeal to Suspend the Arraignment of Our Colleague Victor Giwa on Charge Number: CR/222/2023”, was allegedly addressed to the AGF.
It allegedly sought intervention of the AGF to halt an arraignment that was scheduled before trial Justice Samira Bature of the high court.
The IGP, in the charge, maintained that the two lawyers committed offences punishable under Section 97, 179 and 364 of the Penal Code Act, 2004.
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At the resumed proceeding of the court on Monday, the prosecution counsel, Mr. Eristo Asaph, noted that the defence lawyer told the court that the 1st defendant was bereaved, hence his absence for the scheduled arraignment.
The prosecution counsel further noted that it was on the strength of an application by the defendant that the case was adjourned.
He, therefore, wondered why the duo were also absent in court for the case to proceed.
Responding, the defence counsel, Mr. Ogbu Aboje, told the court that the 1st defendant, Giwa, wrote a letter that was accompanied with a medical report dated September 3, indicating that he had a health challenge he described as “Degenerative disorder of the lumber vertebrae,” in addition to his hypertensive condition.
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He added that the 2nd defendant equally went to the hospital on Monday morning to keep to a routine appointment for the immunisation of her daughter.
More so, he drew attention of the court to an application the defendants earlier filed to challenge its jurisdiction to entertain the case.
Dissatisfied with the developments, the prosecution counsel urged the court to issue a warrant for the defendants to be arrested y security agencies and produced for their trial.
READ ALSO:My Ex-wife Refused To Pack Out Of My House After Our Marriage Was Dissolved, Man Tells Court
In his ruling, Justice Onwuegbuzie held that having listened to both parties, he was minded to accede to the prosecution’s request.
He court stressed that the medical report did indicate that the 1st defendant would not be able to attend court, adding that the 2nd defendant did not adduce any material to justify her absence.
Consequently, relying on the provision of section 266 (2) and 352 of the Administration of Criminal Justice Act (ACJA), Justice Onwuegbuzie issued a bench warrant for the defendants to be arrested and produced before the court on October 8.
(VANGUARD)
News
Community Attributes Access Road To Reduction In Maternal Mortality In Bauchi
Published
7 hours agoon
September 15, 2025By
Editor
A cross-section of residents in Toro Local Government Area of Bauchi State has attributed the reduction in maternal mortality to the ongoing construction and rehabilitation of the Kirjaule–Lame roads.
Mr. Samila Jauro, who spoke on behalf of the community, made the disclosure during a media tour of ongoing Bauchi State projects in the area.
He explained that in the past, no fewer than 50 pregnant women and their babies had lost their lives due to delays in accessing healthcare caused by the poor condition of roads.
“We have lost many of our pregnant women and their unborn babies in the past because of bad roads.
READ ALSO: Malnutrition: Bauchi Govt Doles Out N300m To Fight Menace
“But the present administration has changed our lives through its infrastructural development,” Jauro said.
While commending the state government, he appealed for the electrification of Kirjauke community.
“We are grateful for the road project, but we still call on the governor to provide us with electricity.
For the past 18 years, we have had no source of power,” he added.
The Bauchi State Government, through the Ministry of Works, in 2023 awarded a 40.5-kilometer road construction and rehabilitation projects in the aforementioned sites.
READ ALSO:Police Urge Bauchi Residents To Remain Calm Amidst Soldier’s Death In Bauchi
Speaking on the progress of the projects, the Site Engineer, Mr. Ado Shehu, said the project had reached 75 percent completion.
“The Kirjaule–Lame and Magama–Gumau roads were awarded at the end of November 2023.
“Some portions are already completed, while others are at the second layer and shoulder stage to ensure a successful outcome.
“The duration of the project according to the contract is 36 months.
” But with 75 percent already completed, the project will be finished ahead of schedule,” he said.
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