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Tag "food security"

Whistleblowing policy: Nigeria recovered $386m of stolen funds in 2021, says Buhari

    Whistleblowing policy: Nigeria recovered $386m of stolen funds in 2021, says Buhari

President Muhammadu Buhari says around $386 million was recovered in 2021 through the whistleblowing policy enacted by his administration in an attempt to repatriate looted funds back into the country

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Russia-Ukraine war: Global food trade should be kept unrestricted, untaxed, says FAO

    Russia-Ukraine war: Global food trade should be kept unrestricted, untaxed, says FAO

The Food and Agriculture Organisation (FAO) says global food trade system must be kept open and agricultural food must not be taxed. Qu Dongyu, director-general, FAO, said this on Wednesday

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IMF calls for coordination among financial institutions to reduce food insecurity

    IMF calls for coordination among financial institutions to reduce food insecurity

Kristalina Georgieva, managing director, International Monetary Fund (IMF), says coordination among international financial institutions (IFIs) is crucial to alleviating food insecurity in vulnerable countries. Georgieva said this in a statement

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Nigerians to pay more for bread as wheat prices hit record high

    Nigerians to pay more for bread as wheat prices hit record high

The global price of wheat, on Monday, reached a record high at €435 ($453) per tonne in the European market. The price of the commodity continued to soar following supply

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ThriveAgric secures $56.4m debt funding to expand operations to Ghana, Kenya

  ThriveAgric secures $56.4m debt funding to expand operations to Ghana, Kenya

ThriveAgric, a Nigerian agric tech, says it has secured $56.4 million in debt funding from local commercial banks and institutional

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Emefiele: Through anchor borrowers’ programme, Nigeria’s rice mills increased from six to 50

  Emefiele: Through anchor borrowers’ programme, Nigeria’s rice mills increased from six to 50

Godwin Emefiele, governor of the Central Bank of Nigeria, says the anchor borrowers’ programme (ABP) increased rice milling plants from

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NiMet: Language barrier, traditional beliefs hindering weather information delivery to farmers

  NiMet: Language barrier, traditional beliefs hindering weather information delivery to farmers

Mansur Matazu, director-general of the Nigerian Meteorological Agency (NiMet), says traditional beliefs and language barrier are hindering the delivery of

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AFEX launches $100m food security fund to support smallholder farmers

  AFEX launches $100m food security fund to support smallholder farmers

AFEX, one of Nigeria’s commodity players, has announced a new $100 million 10-year bond to strengthen food security in Africa. 

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Magashi: Increase in foodstuff prices caused by insecurity

  Magashi: Increase in foodstuff prices caused by insecurity

Bashir Magashi, minister of defence, says the prevalence of insecurity in Nigeria has adversely affected food security. Magashi said this

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UN: 4.4m people facing food insecurity in the northeast

  UN: 4.4m people facing food insecurity in the northeast

United Nations (UN) says a total of 4.4 million people are facing food insecurity in the northeastern region of Nigeria. 

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