Nigeria: Five Reasons Food Prices Remain High in Nigeria in 2022

  • 📰 allafrica
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 13%
  • Publisher: 99%

Five Reasons Food Prices Remain High in Nigeria in 2022 PremiumTimesng: Nigeria

South Africa Headlines News

South Africa Latest News, South Africa Headlines

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. Data from the United State Department of Agriculture revealed that only less than three per cent of the approximately 6 million metric tons of wheat consumed in Nigeria annually are locally sourced. Also, data from the 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spice up your winter with these five must-have spicesThese five spices will not only make your food taste better but also help you feel a lot better - especially during winter! ɪ'ᴍ ɴᴏ ᴇxᴘᴇʀᴛ ɪɴ ᴛʀᴀᴅɪɴɢ ʙᴜᴛ ɪ ʜᴀᴅ ɢᴏᴏᴅ ɢᴜɪᴅᴀɴᴄᴇ ᴡɪᴛʜ mamats38 ᴀɴᴅ ʜer ᴛᴇᴀᴍ, ɪᴛ'ꜱ ʙᴇʏᴏɴᴅ ᴇʏᴇ ᴏᴘᴇɴɪɴɢ, ᴡɪᴛʜ ᴛʜᴇꜱᴇ ᴛᴇᴀᴄʜɪɴɢꜱ ᴀɴᴅ ᴛʀᴀᴅɪɴɢ ꜱᴋɪʟʟ, I'ᴠᴇ ʜᴀᴅ ɴᴏᴛʜɪɴɢ ʙᴜᴛ ᴄᴏɴᴛɪɴᴜᴇᴅ ꜱᴜᴄᴄᴇꜱꜱ.
Source: ecr9495 - 🏆 38. / 51 Read more »

Five things to watch this weekendAn action thriller series, a new season of Westworld, inspirational stuff, docu-series and drama — what to stream I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: BDliveSA - 🏆 12. / 63 Read more »

Five actions African countries can take to prepare for the next pandemicFive actions African countries can take to prepare for the next pandemic There is need for African countries to address weaknesses in their health system and to make plans to produce medical supplies domestically.
Source: TheSAnews - 🏆 25. / 59 Read more »

'I was bleeding bad': Cassper's bestie Carpo talks FIVE suicide attempts'I was bleeding bad': Cassper's bestie Carpo talks FIVE suicide attempts Cassper Nyovest's best friend Carpo has revealed how the rapper helped him overcome his mental health issues, including being suicidal.
Source: TheSAnews - 🏆 25. / 59 Read more »

Tour de France 2022: FIVE riders to watchTour de France 2022: FIVE riders to watch FIVE key riders in the 2022 Tour de France peloton to keep an eye on over the next 3 weeks and 21 stages of the famed race.
Source: TheSAnews - 🏆 25. / 59 Read more »

South African Internet providers ordered to reverse transactions from five years agoAfter a decade of disarray, South Africa’s Internet regulator is demanding that companies reverse corporate transactions from five years ago.
Source: mybroadband - 🏆 11. / 67 Read more »