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World Food Day: Severe Hunger Has Become An Unfortunate Member Of Many Households In Nigeria

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As the world marks the World Food Day (WFD), the presidential candidate of the Labour Party in Nigeria’s 2023 election, Peter Obi has decried that ‘basic food items are becoming unaffordable to most people’.

In a statement on his verified handle on micro-blogging site, X, on Wednesday, the former governor of Anambra State wept that “Nigeria – the once giant of Africa, a nation that has the most arable land in the continent”, has fallen to a level where “the Global Hunger Index ranks Nigeria among the 20 most hungry nations in the world”.

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He, however, expressed optimism that “If we can prioritize investment in agriculture by combating insecurity which has kept farmers away from the farms, and adopting modern ways of mechanized farming, we will be able to combat hunger and achieve food security for the nation.”

Obi wrote, “Today, the world marks World Food Day, a very significant global event that raises awareness about the issues of hunger and food insecurity and serves as a reminder of the need to commit to food security and fight hunger to a standstill.

“This global observance is particularly important to us in Nigeria, where food prices are skyrocketing every day, and basic food items are becoming unaffordable to most people.

“Severe hunger has now become an unfortunate member of many households in Nigeria – the once giant of Africa, a nation that has the most arable land in the continent.

“Nigeria’s struggle with a food crisis and hunger today is saddening, considering the richly blessed and vast arable lands with which we are endowed as a nation.

“In the past, I used to lament that the majority of Nigerian households spent most of their income on food alone, sparing none for savings and other critical exigencies.

“Today, it is heartbreaking to note that most Nigerian households are no longer able to afford sustenance food with their income.

“Food prices are soaring, food inflation is skyrocketing, the food crisis is worsening by the day, and hunger has graduated to a national crisis.

“In a Food Security Update Report released last week, the World Bank likened Nigeria’s worsening food security crisis to war torn countries like Yemen, noting that we have a significant rise in the number of people facing acute food shortages and an epidemic of hunger.

“Today, the Global Hunger Index ranks Nigeria among the 20 most hungry nations in the world. In August 2024, it was reported that more than 31.8 million Nigerians were acutely short of food due to security challenges and the removal of fuel subsidies.

“It was also reported that 15.6 million children in Nigeria were facing hunger.

“The United Nations predicted that 82 million Nigerians, about 64 percent of the country’s population, may go hungry by 2030 if the government fails to tackle the menace of food insecurity.

“The domestic food inflation in Nigeria remains among the highest globally, with food prices increasing by 37.5% year-on-year as of August 2024.

“I believe these reports, sad as they are, only paint a lenient picture of the severity of the food crisis and hunger in reality.

“Over the years, I have maintained that moving the country from consumption to production remains the surest way of combating food insecurity and pulling the nation out of the present food crisis.

“I have equally stated, unequivocally, that the greatest asset our nation has is the vast uncultivated lands in the North coupled with our huge demographics.

“Therefore, we must be intentional with our agricultural investments.

“A state like Niger State, which is twice bigger in landmass than the Netherlands (excluding water) can neither feed itself nor feed the nation, while the Netherlands exports over $100 billion worth of agro products annually.

“If we can prioritize investment in agriculture by combating insecurity which has kept farmers away from the farms, and adopting modern ways of mechanized farming, we will be able to combat hunger and achieve food security for the nation.

“A nation booming in productivity, free from hunger, with an abundant food supply remains our commitment to a New more prosperous Nigeria. It is POssible! -PO”

NEWS

N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden

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Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.

In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.

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He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.

The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.

“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.

He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.

“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.

Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.

“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said

He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.

“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”

Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.

He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.

“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.

Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.

“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.

He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.

 

 

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International News

ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others

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The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.

The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.

In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”

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The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.

Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.

The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.

With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.

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NEWS

Edo State Governor Sets Up Committee To Recover Missing Gov’t Vehicles

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Governor Monday Okpebholo of Edo State has inaugurated a 12-member committee tasked with recovering government vehicles reportedly in private hands.

The committee, led by Kelly Okungbowa, has been given a two-week mandate to retrieve the vehicles and ensure their return to the state government.

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Speaking during the inauguration ceremony in Benin City, Governor Okpebholo emphasized the importance of accountability in the management of public resources.

He urged the committee to carry out its assignment thoroughly and within the bounds of the law.

In his response, Okungbowa expressed gratitude to the governor for entrusting the team with the assignment, vowing to deliver results within the stipulated timeframe.

“A lot of vehicles used by the past administration are missing, as those in custody of the vehicles have refused to return them,” Okungbowa said.

“The governor deemed it fit to inaugurate us today with a mandate to recover all government vehicles in private hands.”

The committee, which includes representatives from Edo’s three senatorial districts, is set to investigate and recover the vehicles based on credible intelligence already at their disposal.

“We already have vital information regarding some persons still holding government vehicles,” Okungbowa stated. “We will do the job according to the law, and both the government and the people will be satisfied with the outcome.”

He also called on members of the public to assist the committee by providing information about any government vehicles that may still be in private possession.

“We want to appeal to members of the public who might be aware of anyone still keeping government vehicles in their houses to please inform us to enable the committee to recover such for the Edo State Government,” Okungbowa said.

The committee’s vice chairman, Rt. Hon. Victor Edoror, a former Speaker of the Edo State House of Assembly, will work alongside other members to ensure the success of the initiative. The public can reach the committee at 08110165121.

 

 

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