Posted 12/28/2023, 5:45:37 AM
World Bank Forecasts Deepening Economic Crisis and Food Insecurity in Northern Nigeria and Sahel Through 2024
- World Bank predicts worsening insecurity and economic hardship in 6 Nigerian states (Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara) through May 2024
- Challenging economic conditions limiting access to agricultural inputs, potentially impacting cereal production
- Projected cereal production decline in Chad, Mali, Niger, and Nigeria due to dry spells and limited access to cropland
- Crisis conditions to persist in parts of Nigeria, Burkina Faso, Cameroon, Chad, Mali, and Niger
- Food inflation surging globally and in Nigeria, with food inflation hitting 32.84% in November