How Nigeria can stem rising food inflation

Nigerians are set to pay more for food items as AFEX predicts increases in the prices of food commodities near term. Meanwhile, data from the National Bureau of Statistics shows the country’s food inflation rose to 31.5 per cent year-on-year in October. Yusuf Ogunbiyi, Head of Sales Operations at AFEX joins CNBC Africa to unpack the report and the outlook for the food commodity market.