FG in dilemma as inflation spikes meal budget to N540 billion

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FG,Food And Agriculture Organisation (FAO),Inflation

The federal government is in a dilemma on the economics and sustainability of the noble school feeding programme in the face of galloping in

The sustainability of National Home Grown School Feeding Programme faces an acid test in the coming months as budget hits N540 billion. Photo: Guardian.gn• We are seeking partnership with private sector, say officials

Nigeria’s inflation rate is higher than average for African and sub-Saharan countries, hitting the roof at 33.69 per cent in April 2024, according to the National Bureau of Statistics . Recall that the NHGSFP is a government-led N70-per-day school feeding programme aimed at improving educational outcomes and the health of public primary school pupils.

The Guardian’s recent price checks revealed that a bag of rice that sold for N26,000 in early 2023 now costs N85,000. The price has almost quadrupled. Therefore, if the Federal Government previously paid N100 million for bags of rice, to do so this year will require four times that amount.

Yetunde Adeniji, the senior special assistant to the president on school feeding, said the PPP provided an opportunity for governments, private entities, and other stakeholders to pool resources and create sustainable funding models for school feeding programmes. In 2004, the Nigerian government piloted the implementation of the school feeding programme, beginning with 12 states selected from the six geopolitical zones.

While focussed on providing food to children, the FAO explained that the initiative would indirectly help in improving food security in the beneficiary households. He advised the government to partner with corporate organisations in funding the scheme so that it can reach as many pupils as possible. The President of the Council for the Regulation of Engineering in Nigeria , Prof. Sadiq Abubakar, has revealed that the arbitrary hike in cement prices is directly responsible for the increasing cases of building collapse in the country. He said this at an investigative hearing by the House of Representatives Joint Committee on Solid Minerals,…

Source: Education Headlines (educationheadlines.net)

FG Food And Agriculture Organisation (FAO) Inflation Meal Budget Spike National Home Grown School Feeding Programme (NHG Public Private Partnership

 

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