Fuel Subsidy: 31.8m Nigerians suffering from acute food insecurity — New report

Fuel Subsidy: 31.8m Nigerians suffering from acute food insecurity — New report

The 2024 Cadre Harmonise report reveals a disturbing reality: over 31.8 million Nigerians are currently facing acute food insecurity. This crisis is further exacerbated by widespread malnutrition among women and children across the country, PulseNets reports.

The report highlights that the removal of the fuel subsidy, coupled with ongoing security challenges, has led to skyrocketing food prices, pushing millions of Nigerians into a dire situation. PulseNets earlier reported that the removal of the fuel subsidy has had far-reaching effects, contributing significantly to the surge in food commodity prices.

Julie Osagie-Jacobs, Director of Press for the Ministry of Budget and Economic Planning, stated that during a joint review meeting on the implementation of food systems in Nigeria, development partners, including the Food and Agriculture Organisation (FAO), GAIN, GIZ, and Agsys, emphasized the need for a collaborative, multi-sectoral approach to address food security issues.

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PulseNets learned, the stakeholders stressed the importance of involving civil society organizations and the private sector to enhance the reach of nutrition initiatives. The partners also pledged their unwavering support for transforming Nigeria’s food system.