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Nairametrics
Home Sectors Agriculture

Around 31.5 million Nigerians projected to be in food crisis between June and August- Report 

Aghogho Udi by Aghogho Udi
March 9, 2024
in Agriculture, Economy, Inflation, Spotlight
Nigeria Ranked 109 of 125 countries in 2023 Global Hunger Index — Report  
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A new report by Cadre Harmonise reveals that no fewer than 31.5 million Nigerians are on the verge of food insecurity between June and August 2024.

This is aggravated by the removal of the fuel subsidy, affecting the macroeconomics through inflation in agricultural inputs and transport.

The report noted that around 14000 IDPs and about 24.7 million people in 26 states of the country and the FCT stand the risk of going hungry between March and May 2024. Those in IDP camps totalled over 83,000 according to estimates.  

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  • It stated, “Also,1.5 million people in Yobe are expected to be in crisis or worse between June and August this year.
  • “During the current period, food consumption was under stress in most of the states and Crisis in some LGAs in Adamawa, Borno, Katsina, and Yobe, Zamfara States.
  • “Deteriorated food consumption situation was also observed among populations in the inaccessible areas and the IDPs in Adamawa, Borno, Sokoto, and Zamfara States.
  • “During the projected period (June to August 2024) more households are expected to face crisis level of food consumption in the states.” 

Effect of Insecurity and macroeconomic woes on food security  

The report indicated that livelihood evolution was facing either stress or crisis in all the states analysed.  

According to the report, the primary factors contributing to the crisis were conflict and insecurity, fuel scarcity, currency devaluation of the naira, and increasing inflation and Consumer Price Index (CPI) rates. 

  • It stated, “Poor macroeconomic conditions are restricting access to agricultural inputs in the country; the high cost of transport, inflation rate, and the volatile dollar-naira exchange rate have negatively affected households’ income.
  • “In the projected period (June to August 2024), poor microeconomic conditions and conflicts are expected to drive limited access to livelihood opportunities.” 

Backstory  

In its earlier report in last year on food security in Nigeria, the Cadre Harmonise stated that around 26.5 million people in Nigeria stand the risk of food crisis and hunger in 2024 over expected food inflation and insecurity.  

The food inflation rate soared to 35.4% in January according to the NBS and it is expected to grow higher according to current projections.  

Beyond the increased cost of production as a result of high transport prices, insecurity is another factor pushing the food aspect of the CPI over the roof.

The federal government have mulled the idea of establishing state police to enhance the security architecture, especially in the fragile northeast region.  


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Aghogho Udi

Aghogho Udi

My name is Aghogho Udi, a writer, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader African context. My focus lies in shedding light on the intricate connections between macroeconomics and politics, offering valuable insights that foster comprehension of Africa's prevailing economic landscape and the world in general.

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