News in brief:
-Â The federal government of Nigeria attributes the current food inflation to farmers' reluctance in engaging in wet season farming due 2022 flood...
The All Farmers Association of Nigeria (AFAN) is urging year-round subsidies on farm inputs, increased mechanisation, and more investors to combat rising food prices and food inflation.
Nigeria's headline inflation reached 25.80% in August 2023, the highest in nearly 18 years, primarily driven by increased food and transportation costs.
The World Bank's biannual Food Security Update report for July 2023 highlights high food inflation worldwide, affecting low- and middle-income countries.
