When President Bola Tinubu took office in May 2023, he promised to prioritise agricultural development and ensure food sufficiency.
Over 19 months later, Nigeria faces a hunger crisis aggravated by some of Mr Tinubu’s policies, especially the removal of fuel and currency subsidies, which has led to a significant rise in transportation and farm inputs costs. The prices of goods and services have increased across the country.
Aside from insecurity disrupting farming in rural settlements in food-producing states, extreme weather events, such as heat waves, droughts, and floods, have also made food production almost impossible for farmers in the country.
The high cost of food has eroded the purchasing power of many citizens whose incomes remain poor.
In this sector review, PREMIUM TIMES highlights key issues that shaped Nigeria’s agricultural sector in 2024.
Climate Change
In recent years, the increased frequency of extreme weather events, such as changing rainfall…
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