Five reasons food prices remain high in Nigeria in 2022 - Premium Times Nigeria

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Five reasons food prices remain high in Nigeria in 2022

Food prices have risen globally in recent years. It began with the coronavirus pandemic that made farmers and food producing companies unable to cultivate and produce food in sufficient quantities. Many food factories ran out of raw materials for their operations.

Since February 2022, Nigeria has been experiencing unprecedented fuel scarcity across most states of the country. confirms that Nigeria imported wheat worth over N128.1 billion in the 9-month period of 2021, and recorded a N144.14 billion durum wheat import in 2020.Durum wheat is the third highest consumed grain in the country as it is used in making a number of other foods like bread, pasta, noodles, biscuits and other food.

 

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To me , the only reason is stupidity of Nigerians

Bad government Dishonest press Kidnapped farmers Herdsmen killings Artificial scarcity

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