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Economic and Financial Review

Publisher

Central Bank of Nigeria

Keywords

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

Abstract

Nigeria suffers from food insecurity and poverty. It is estimated that the number of hungry people in Nigeria is over 53 million, which is about 25.0 per cent of the country’s total population of about 212 million. Also, about 43.0 per cent of Nigerians live below the poverty line. These statistics are worrisome, given that Nigeria, in the 1950s and 1960s, was not only self-sufficient in food production, but was also a net exporter of food to other regions of the continent (Ajayeoba, 2010). A nation is food secure when food is available and accessible in sufficient quantity and quality for a productive livelihood for every individual. The increasing issue of food insecurity, particularly in Africa has been greatly attributed to wars, conflicts, natural disasters, and bad governance (Umar, 2014).

Author Bio

The author is the MD / CEO, Bank of Agriculture Ltd., Kaduna

Issue

4

Volume

59

First Page

245

Last Page

257

Recommended Citation

Hassan, A. A., (2021). Averting the Looming Food Crisis: A Clarion Call to Immediate and Near-term Policy Action. Economic and Financial Review, 59(4), 245-257.

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