How rising insecurity threatens food security in Nigeria
The Food and Agriculture Organisation has raised alarm over what it describes as worsening food security in Nigeria. In a separate report, the World bank says seven million Nigerians were pushed below the poverty line in 2020 while President Muhammadu Buhari has stated that poverty and unemployment has fueled Boko Haram insurgency in the country. Joining CNBC Africa to assess the state of food security in Nigeria is Kola Masha, Managing Director at Babban Gona.
Tue, 22 Jun 2021 14:14:36 GMT
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AI Generated Summary
- The significant impact of rising insecurity on food security and poverty levels in Nigeria has raised concerns at the national and international levels.
- The correlation between unemployment, lack of access to financial resources, and insecurity underscores the importance of addressing multiple interconnected challenges simultaneously.
- Collaboration between the private sector, government, and civil society is essential to combat the root causes of insecurity and promote economic stability through agriculture.
The Food and Agriculture Organization has expressed deep concerns about the escalating food security crisis in Nigeria, with the World Bank reporting that seven million Nigerians fell below the poverty line in 2020. President Muhammadu Buhari has pointed to the correlation between poverty, unemployment, and the increase in insecurity in the country, emphasizing the urgent need to address these interconnected challenges. To shed light on the situation, Kola Masha, Managing Director at Babban Gona, joined CNBC Africa to discuss the implications of rising insecurity on food security in Nigeria. The conversation highlighted the critical role of agriculture in job creation and the obstacles faced by smallholder farmers in accessing essential resources. Masha underscored the urgent need for increased capital infusion to support agricultural entrepreneurs and combat the spread of insecurity. The interview also emphasized the importance of collaboration between the private sector and government in addressing the root causes of the crisis. With a population of 200 million people and a limited capacity for food importation, Nigeria faces significant risks if its food production regions continue to face disruptions. The call to action extends beyond government intervention, urging all sectors of society to participate in safeguarding food security and promoting economic stability.
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