By Ikenna Igwe The issue of food inflation and food insecurity have continued making the news headline in today’s Nigeria. To be fair, the issue of food insecurity is not something that is alien to Nigerians but with the current administration of President Tinubu, things seem to be going south. According to the National Bureau … [Read more…]
By Ikenna Igwe Nigeria is Africa’s biggest economy and its largest population with over 200 million people. One of the world’s largest youth population is at risk of running out of food and facing a possible economic collapse. Recent reports from the Food and Agriculture Organization (FAO), a UN specialized organization on food, estimates that … [Read more…]
The Central Bank of Nigeria (CBN) is exercising its power to reflate the economy through funding support for key sectors especially the agricultural sector. The Anchor Borrowers’ Scheme, Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS), Commercial Agricultural Credit Scheme (CACS), the Agricultural Credit Guarantee Scheme (ACGSF) and other initiatives were introduced by the … [Read more…]