Nigeria faces a looming food crisis as soaring prices have pushed headline inflation near 35%, with a 50 kg bag of rice now costing N80‑100,000. In response, Niger State Governor Bago
By Dele Sobowale One of the paradoxes of economics is threatening to create a food crisis later during the year. Last year January, escalating food prices dragged headline inflation towards 35 per cent. A 50 kilogram bag of rice was going for N80- 100,000 – depending on location. Governor Bago of Niger State was contemplating placing embargo […] The post The sustainable food security trap appeared first on Vanguard News.