Resolving the Hunger Crisis: Examining Federal Government's Latest Strategies
15 lug 2024 ·
42 min. 16 sec.
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Descrizione
It's no longer news that the hunger crisis in Nigeria today has reached its peak. With food inflation now at alarming 40.66%, Nigerians have resorted to alternatives to replace certain...
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It's no longer news that the hunger crisis in Nigeria today has reached its peak.
With food inflation now at alarming 40.66%, Nigerians have resorted to alternatives to replace certain food commodities. For example, reports indicate a significant shift towards using cucumber, carrot, and cayenne pepper as substitutes for tomatoes, which have seen prices rise sharply.
Following this, the federal government recently announced that it will implement a 150-day Duty-Free Import Window for critical staples such as maize, wheat, beans and rice. This initiative is aimed at stabilizing food prices and ensuring supply amidst domestic production challenges.
To what extent will this latest measure alongside other measures announce alleviate the hunger crisis?
Listen to the conversation.
mostra meno
With food inflation now at alarming 40.66%, Nigerians have resorted to alternatives to replace certain food commodities. For example, reports indicate a significant shift towards using cucumber, carrot, and cayenne pepper as substitutes for tomatoes, which have seen prices rise sharply.
Following this, the federal government recently announced that it will implement a 150-day Duty-Free Import Window for critical staples such as maize, wheat, beans and rice. This initiative is aimed at stabilizing food prices and ensuring supply amidst domestic production challenges.
To what extent will this latest measure alongside other measures announce alleviate the hunger crisis?
Listen to the conversation.
Informazioni
| Autore | Njideka Maduka |
| Organizzazione | NJ |
| Sito | - |
| Tag |
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