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Nairaland Forum / Nairaland / General / Politics / Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN (5569 Views)
States Debt May Hit ₦1.34 Trillion Over Palliative Loans / Subsidy Payments Gulped ₦1.82 Trillion In Five Months, Arrears Hit ₦3.73trn / NLNG Shuts Operations Over Flooding, Gas Scarcity Looms (2) (3) (4)
Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by adenigga(m): 6:53am On May 21 |
The Central Bank of Nigeria released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings by The PUNCH have shown. Source: https://punchng.com/Food-imports-hit-N3tn-over-flooding-insecurity-CBN 1 Like 2 Shares
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Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by BigBlackPreek(m): 7:13am On May 21 |
Ebimpawa oooo 11 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Otaiky(m): 7:14am On May 21 |
It was yesterday afternoon one man was clearing me that most of this money that FG claimed they used to support are audio money. 18 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by AImoneyAdder: 7:14am On May 21 |
A Failed Country Imports More Than It Exports! 23 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by ARISHEM: 7:14am On May 21 |
Even farmers now prefer their products to be sold to Neighbouring countries due to our volatility in our exchange rates. This analysis is making it look as if cost to import is cheaper than cost of providing security from the perspective of the government. 14 Likes 1 Share |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by FirstSense: 7:16am On May 21 |
A reasonable government will make serious input into farming this season this raining season But no, na 2027 dey their mind 26 Likes 1 Share |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by vengertime: 7:16am On May 21 |
Propaganda government, which flooding again 18 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by tolexy007(m): 7:16am On May 21 |
What happen to Agbado and Cassava baba promise us? 15 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Menclothing1: 7:16am On May 21 |
Why can’t we be producing foods for the whole of Africa we have the population Agriculture can employ What are state government doing each state should have 4 product produced to feed 300 million people daily 4 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Orobadmeat: 7:17am On May 21 |
Every president is interested in the petroleum ministry,non has taken the ministry of agriculture under his Watch, that speaks volumes of their priorities, 9 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by oluseyiforjesus(m): 7:17am On May 21 |
Wigwe could hv being better than dis man dat should be branch manager of a bank 6 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by CodeTemplar: 7:18am On May 21 |
Wow. Looks small though. 1 Like |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Paraman: 7:18am On May 21 |
Insecurity is the main reason 1 Like |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by kennyz247(m): 7:18am On May 21 |
Insecurities yes,but for flooding, na big lie |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Usmanovic95(m): 7:19am On May 21 |
Everything is on the rise in Nigeria except minimum wage and standard of living. |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Ladiesdoctor(m): 7:19am On May 21 |
Shamelessness of our nation. The flag colors should be changed jare Green - Agriculture is a no go area in the country White -Peace is already far from this nation 9 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Nastrademus(m): 7:20am On May 21 |
This is what you get when you elect a failure as a president, the microphone licking, diaper wearing gibberish talker has taken Nigeria to the level of Sudan and Zimbabwe 1 Like |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Sapasenator: 7:20am On May 21 |
Send all prisoners to farm and pay them a token 1 Like |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Babangidapikin: 7:20am On May 21 |
But Food is still expensive and BOI is asking for guarantor and guarantor BVN and NIN should that be private to the guarantor , at least put a link to send to the Guarantor to fill.. |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by AbuTwins: 7:22am On May 21 |
If we can have food security and Prosperity Nigeria is on the way to greatness! But na greed and selfishness dey worry us all! |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Antoeni(m): 7:23am On May 21 |
Eat Loca 5 Likes
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Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by AbuTwins: 7:23am On May 21 |
This food security mess sha! What's the way forward? |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by Kelvinofficial: 7:24am On May 21 |
Cordoso is one clueless IMF lackey. Emefiele realized that by supporting Farmers and providing subsidized fertilizer and other farm input to farmers, food prices will come down. Yes, their were corruption in the scheme but at least he was able to sustain and support local production of stuffs. He was able to tame inflation and also keep the exchange rate within manageable limits, without banning crypto or the likes. He supported Bihari’s infrastructural drive, cuz if not for Buhari’s hard stance on infrastructure, our economy would’ve been worse today. Yet Nigerians lampooned him. We deserve Cordoso and the whole IMF lackeys including Wale and Tinubu. Cuz how can you tell btwn good and evil without experiencing the both sides? God help us all 🇳🇬 8 Likes 1 Share |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by gulfer: 7:29am On May 21 |
Na the same Nigeria wey Reno O' mockery say has a favorable balance of trade and improvements to the situation as well. So even ordinary food we cannot produce sustainably without importing massively 1 Like |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by LeopardX: 7:30am On May 21 |
Lies. 1 Like |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by travelzcruix: 7:32am On May 21 |
Henceforth any Bandit caught should be made to cultivate 6000 hectares of farm with 200 strokes of cane daily. Let Nigerians learn to take their anger to the right people. 2 Likes |
Re: Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN by PheelzAlmighty: 7:32am On May 21 |
Tinupoo is working 🤡 Wait for it... 1 Like |
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