Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,329 members, 7,815,655 topics. Date: Thursday, 02 May 2024 at 04:00 PM

"it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars (26883 Views)

Food Prices, Transport Costs Worst Hit As Inflation Soars To 25.80% In Aug 2023 / Four Million British Children Go Hungry As Inflation Rise To 17% In UK / Nigerians Go To Court Over Every Little Disagreement - Justice Ariwoola (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

"it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by GodHatesBigots(m): 2:45pm On Apr 17, 2021
‘I can’t simply afford to give my children what they really need in terms of food,’ said Feyintola Bolaji, a mother of three in her 50s based in Nigeria’s southwestern city of Ibadan.


Food inflation in Nigeria rose to 22.95 percent in March, caused by wide-ranging price increases across items such as cereals, yam, meat, fish and fruits [File: KC Nwakalor/Bloomberg]

Nigerian merchant Feyintola Bolaji, struggling with stagnant earnings and dwindling sales, is now being squeezed by the ever increasing prices demanded by her food suppliers, leading her to cut down on the amount she can put on her own family’s table.

Bolaji’s belt tightening is being shared by millions across Africa’s most populous nation. Not long after Nigeria’s statistics agency revealed that one in three people in the continent’s largest economy were unemployed, on Thursday it announced that food inflation has accelerated at the highest pace in 15 years, compounding the misery of many households.

“It is really bad, I can’t simply afford to give my children what they really need in terms of food,” said Bolaji, a mother of three in her 50s based in the southwestern city of Ibadan. “I try to make them get the nutrients they need as growing children, but it is not enough,” she said, adding “I have had to cut down on meat and fish.”

Insurgency, unrest, and the stand of President Muhammadu Buhari’s government on food imports in a nation where more than half the population lives on less than $2 a day are worsening food insecurity in the African country. Meanwhile, the coronavirus pandemic has robbed 70% of Nigerians of some form of income, according to a Covid-19 impact survey published by the statistics agency last month.

Food inflation rose to 22.95% in March, caused by wide-ranging price increases across items such as cereals, yam, meat, fish and fruits. Those soaring costs have been in part blamed on a worsening conflict between farmers and herders in Nigeria’s agriculture belt that Buhari has struggled to quash.

The unrest, combined with the more than decade-long Boko Haram insurgency in the north, a weakening currency and higher fuel prices have also contributed to rising food prices, according to SBM Intelligence, a Nigerian research firm.



The situation has also been exacerbated by import restrictions on certain staples, such as rice, that have remained in place despite Buhari reopening Nigeria’s land borders in December following a 16-month shutdown in an attempt to end rampant smuggling.

Rising inflation has adversely affected the profitability of producers and is a major contributor to the low export penetration of made-in-Nigeria goods in the international market, the Manufacturers Association of Nigeria said in a statement on Friday.

“There is an urgent need for government to intentionally ensure price stability before the situation becomes deplorable,” the manufacturing body said.

Food prices will remain elevated until the security crisis, which has prevented farmers from returning to their land, is resolved, said Cheta Nwanze, a lead partner with SBM Intelligence. That’s “unless the government does the sensible thing and allows food imports to happen,” he said.

Until then Nigerians, who already spend more than half their earnings on food, have had to cut down. Just over 50% of all households reported reduced consumption between July and December last year due to the twin pressures of falling wages and rising food costs, according to Nigeria’s statistics agency.

Kemi Adedigba, a 42-year-old freelance writer living in Lagos, the country’s financial hub, is among those who has been hit by that double-whammy. Adedigba has two growing teenagers to feed, but is struggling with a steady drop in work even as her monthly food bill climbed by almost 70% since December.

“You are lucky if you get recurring gigs with the way the economy is going down the toilet,” she said. “It is a nightmare.”

https://www.aljazeera.com/economy/2021/4/16/it-is-really-bad-nigerians-go-hungry-as-food-inflation-soars

1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Nobody: 2:47pm On Apr 17, 2021
Since Endsars, banditry and those inciting violence, life have been difficult for the average Nigerians.

The Endsars protest started everything in the south, it brought about different security issues which affected traders and wholesalers plus the supply chain, these people have to recoup investments by doubling the prices of foodstuffs

Banditry and bokoharam in the north are affecting farmers and food supply.

Those inciting violence on a particular tribe through the media created food embargo which also led to increase in the prices of food in the south.

Do you know that only the south are experiencing 1000% increase in the price of foodstuff?

In the north food are still very cheap


Chai, its good to live in the north ooh....you go chop and chop tire grin grin grin grin grin grin grin

Persin wey dey chop for where food plenty no dey think about Buhari, economic policies or systematic failure like those people for south wey sabi speak big big English with hunger. grin grin grin grin

37 Likes 15 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Amaechi2023(m): 2:48pm On Apr 17, 2021
modern agriculture investment needs to be put in place in Nigeria.
farmers aren't making reasonable profits despite the price hike.

15 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by saphiere(f): 2:51pm On Apr 17, 2021
And male politicians are buying cars for male judges daily.

36 Likes 6 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by harmargedon: 2:51pm On Apr 17, 2021
what do you expect when the country is been governed by clueless people. Who don't know how to generate income for the country other than tax. Parasitic government.

131 Likes 7 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by lekki1444: 2:51pm On Apr 17, 2021
angry all these fat niggas i see on the streets ? aint nobody going hungry in nigeria. stop lying

13 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by merits(m): 2:51pm On Apr 17, 2021
We can never go hungry relax, it's just a face we will soon get over it.

3 Likes

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Nobody: 2:51pm On Apr 17, 2021
$200 no reach feed a family in a month. For Yankee $50 dollar grocery fridge go full. Let's keep having faith. Nigeria go better(Lori iro)

When we were little them dey beg us to come visit. When we reach there our mama go don warn us make we no chop for there. Or else she go wound us. Them go dey use Food beg us. If we no chop sef dem go package am give us go house. We go still throway am.... Do party for street them go share food we go throway am.

Nowadays ,just recently I overheard a man on phone "make una go greet brother Sunday na, una go see food chop there nothing dey here". As he hung the call another at the table said, " that one na if brother Sunday get,omo if you come greet me na gotv you go watch". And these are men with well paid jobs. Go party you go see how well dressed people dey arrange food inside nylon. Anyhow E be we go survive for this country. Me Sha know say if you still dey chop two meat for food for this country,even if you no get car if them call you boss make you say sir!!

96 Likes 7 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by blessochampion(m): 2:51pm On Apr 17, 2021
You voted for this. Keep enjoying it �

18 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by smartty68(m): 2:51pm On Apr 17, 2021
thebosstrevor1:
Since Endsars, banditry and those inciting violence, life have been difficult for the average Nigerians.

The Endsars protest started everything, it brought about different security issues which affected traders and wholesalers, they have to recoup investments by doubling the prices of foodstuffs

Banditry and bokoharam in the north is affecting farmers.

Those inciting violence on a particular tribe through the media are created food embargo which also led to increased in the prices of food.

See excuse. Lol

113 Likes 2 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by KUNZEH(m): 2:52pm On Apr 17, 2021
It is well
Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by ELgordo(m): 2:52pm On Apr 17, 2021
Men..... na to Japa! Japa! Japa!!! Worst is yet to come

9 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by ivandragon: 2:52pm On Apr 17, 2021
A cup of Irvingia (ogbono) seeds is now #500...

15 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by BizBayo: 2:52pm On Apr 17, 2021
That first to comment guy, what does Endsars (police reformation) have to do with food inflation?

111 Likes 3 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by OmovuduTheBeast(f): 2:52pm On Apr 17, 2021
From all of Us @ MANNAGRILLZ, we want to thank our darling daddy for the high prices of goods and services. Thank you darling daddy


Signed:

MANNAVULTUREGRILLER

57 Likes 6 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Babzrockman: 2:52pm On Apr 17, 2021
Nigeria is seriously in a mess.

2 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by nairalandankrah: 2:52pm On Apr 17, 2021
Is it the same people that were shouting sai baba that are weeping now Or is it only the east that is crying grin

21 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by adonnie: 2:53pm On Apr 17, 2021
Exactly. Each state has internally generated revenue as well as federal
allocation. How many state governors openly publish their income and
expenditure.

5 Likes 2 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Firstorderwizard(m): 2:53pm On Apr 17, 2021
Let me remind readers here that the names mentioned as being worst hit are from the South West. The region that voted in this disaster.
Thank you

22 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by LordIsaac(m): 2:53pm On Apr 17, 2021
President Buhari's administration is the worst thing that can befall any people. Quote me anywhere. Very very unfortunate!

63 Likes 2 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by meobizy(f): 2:53pm On Apr 17, 2021
If Nairalanders still gather here to type rubbish daily then it isn’t bad. It should continue. I want to see this forum empty.

8 Likes 2 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Frankbaro(m): 2:54pm On Apr 17, 2021
Buhari is worse than bad luck and wickedness put together.
It will never be well with Buhari and his generation.

19 Likes 3 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Chatflick(m): 2:54pm On Apr 17, 2021
When a blind man leads this is what to expect

22 Likes 2 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Sijo01(f): 2:54pm On Apr 17, 2021
This is what happens when incompetent leaders are in power.

15 Likes 1 Share

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by Oweku: 2:54pm On Apr 17, 2021
After packaging Bubu as Heaven sent... We return back to square 1..




Every family in Nigeria has one or two roughs.. Who may eventually end up as a public office holder..

2 Likes 2 Shares

Re: "it Is Really Bad": Nigerians Go Hungry As Food Inflation Soars by NiRfreak(m): 2:54pm On Apr 17, 2021
If you have someone shouldering the expenses of the food you eat, you have to be grateful.
.

66 Likes 1 Share

(1) (2) (3) (4) (5) (6) (7) (Reply)

Sanusi: N197bn Went Missing In Jonathan's Administration Every Month / Jonathan Did Nothing For Igbos – Amaechi Explodes / ‘ortom Is A Failure, We Won’t Miss Him’ – APC Tells Benue Governor

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.