Persistent insecurity, armed conflict, and deteriorating livelihoods will continue to affect local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa State in Nigeria until May 2024, the World Bank has predicted.

This is as it disclosed that poor macroeconomic conditions are restricting access to agricultural inputs in the country.

This is set to affect cereal production in the country. The global bank revealed this in its latest ‘Food Security Update.’

Estimated cereal production for the 2023/24 crop year is expected to be 76.5 million tons in West and Central Africa, which is a two per cent decrease from the previous season, but a three per cent rise from the average for the last five years.

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Chad, Mali, Niger, and Nigeria are expected to contribute the most to this decline.

The Bretton Woods institution said, “Projections indicate a decline in production from last year in Chad, Mali, Niger, and Nigeria. This decrease is attributed to dry spells during the growing season and insecurity that limited access to cropland in Chad, Mali, and Niger and to poor macroeconomic conditions that have restricted access to agricultural inputs in Nigeria.”

While overall, most of the sub-region’s areas will remain in the minimally food insecure (category from November to May 2024, some areas are classified as stressed and some in crisis.


It added, “Over the same period (November to May 2024), Crisis (IPC Phase 3) conditions, mainly caused by persistent insecurity and armed conflict, and deteriorating livelihoods, are projected to affect the following regions:

“Nigeria: Local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa state.”

The other places this will affect include places in Burkina Faso, Cameroon, Chad, Mali, and Niger.

In its latest update, the World Bank noted that between August and November, many low- and middle-income countries were battling with high inflation.

It stated, “Information from the latest month between August and November 2023 for which food price inflation data are available shows high inflation in many low- and middle-income countries, with inflation higher than 5 per cent in 61.9 per cent of low-income countries (no change since the last update two weeks ago), 76.1 per cent of lower-middle-income countries (3.9-percentage-point decrease), 50.0 per cent of upper-middle-income countries (no change), and 57.4 per cent of high-income countries (2.6-percentage point decrease).”

It noted that the most-affected countries are in Africa, North America, Latin America, South Asia, Europe, and Central Asia. It further highlighted that in real terms, food price inflation has exceeded overall inflation 74 per cent in 167 countries.

In November, Nigeria’s headline inflation rose to 28.20 per cent while food inflation soared to 32.84 per cent.

Mercury21:
News like this usually don't make it to the presidential table.

Average African Leader would rather look at it as a tale from the moonlight even in the midst of the prevailing evidence

Putindbutt:

why must we be bothered by reports of western tool deployed to destroy Africa. World bank can go bleep itself, they have destroyed Africa enough.

Have they When will you people stop blaming the west and channeling your blames to the right quarters. Is the west responsible for the leaders that emerge after elections? Are the responsible for the greedy public office holders who loot funds meant for public use? Are they responsible for contractors who collect monies and abandon projects? Are they responsible for ethnic and religious bigots who keep supporting and hailing on irresponsibility in governance?

Putindbutt:

why must we be bothered by reports of western tool deployed to destroy Africa. World bank can go bleep itself, they have destroyed Africa enough.

Sandragold75r:
Jchgt

Sandragold75r:
Jchgt

SoNature:
Tinubu should use education to save Nigeria's north from self-inflicted economic misery and doom.

Omooba77:


https://punchng.com/insecurity-economic-hardship-to-worsen-in-six-states-wbank/

Holluwhakemmy:
Hmmmn Nigeria/Nigerians are in the hands of God. What has WB done to alleviate all these problems?

Putindbutt:

why must we be bothered by reports of western tool deployed to destroy Africa. World bank can go bleep itself, they have destroyed Africa enough.

Poor you. Your trousers got torn from under and your likes insist your scrotum won't be for spectacle.
If they'd forecast the massacre of Christmas Eve, you would still spew rubbish because you have not gotten anything upstairs to process it aright

Mercury21:
News like this usually don't make it to the presidential table.

Average African Leader would rather look at it as a tale from the moonlight even in the midst of the prevailing evidence. The very reason we are very successful

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