Economic and Financial Review


Central Bank of Nigeria


Food Crisis, Climate Change, Food Production, Population, Rural-Urban Migration, Farming, Agriculture, Nigeria


Food is defined by Britannica, a web-based encyclopaedia, as any substance consisting of protein, carbohydrate, fat, and other nutrients used in the body of an organism to sustain growth and vital processes, and to furnish energy.8 In a similar definition, Wikipedia described food as any substance consumed to provide nutritional support for an organism; adding that food is usually of plant, animal or fungal origin, and contains essential nutrients. The above definitions explain why food is viewed as an essential need of life. However, the production of food has been declining in recent times for some reasons, including the adverse impacts of climate change. In this dialogue, we argue that the world may be heading for a terrible food crisis in a short while if this trend is not averted. Thus, the paper focuses on some of these issues and provides recommendations to avert the looming food crisis.

Author Bio

DIG. Adeleye O. Oyebade, mni RTD., is the Chairman/CEO of Rontol Ventures LTD., Lagos.

Publication Title

CBN Economic and Financial Review





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Recommended Citation

Oyebade, A. O., (2021). Averting the Looming Food Crisis: A Clarion Call to Immediate and Near-term Policy Action. CBN Economic and Financial Review, 59(4), 221-225.



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