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Rising food prices: Nigeria sitting on a keg of gunpowder —Experts


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Experts across the nation’s economic sectors have stated that the country might be playing with serious food crisis, if it fails to address, very quickly, the rising food inflation being witnessed in the country.
Recently, the National Bureau of Statistics (NBS) put the country’s annual inflation rate at 16.47 per cent in January 2021, the highest since 2017; while food inflation hit an over 12-year high of 20.57 per cent. Nigerian Tribune findings revealed that prices of foodstuffs, as well as other items, have been on a steady rise for over five years with some of them going up by as much as 30 per cent. ....

Africanfarmer Mogaji , Adebiyi Adesuyi , Sola Abodunrin , Shakin Agbayewa , Julius Olopade , Farmers Association Of Nigeria , Lagos Chamber , Agriculture Group , Institute Of Bankers Nigeria , National Bureau Of Statistics , National Bureau , Nigerian Tribune , Deputy Chairman , All Farmers Association , Lagos Chapter , Sir Sola Abodunrin , Ibadan Chambers , Sir Abodunrin , Chartered Institute , Wale Adeyemi , Chief Executive Officer , Wealthgate Advisors , சோலா அபாடுன்றின் , விவசாயிகள் சங்கம் ஆஃப் நைஜீரியா , லாகோஸ் அறை , நிறுவனம் ஆஃப் வங்கியாளர்கள் நைஜீரியா ,