Dangote Warns Nigerians of Food Scarcity, Wants Maize Export Banned

Dangote Warns Nigerians of Food Scarcity, Wants Maize Export Banned (News Central TV)

Chief executive Dangote Industries, Aliko Dangote has urged the federal government of Nigeria to halt export of maize to ensure food security in the country.

Dangote made the call during the 4th Annual Nigerian Food Processors and Nutrition Leadership Forum on Thursday in Lagos.

The forum was organised by the Aliko Dangote Foundation, the Bill & Melinda Gates Foundation (BMGF), and TechnoServe, under the Strengthening African Processors of Fortified Foods (SAPFF) programme.

The SAPFF Programme aims to address the lingering challenges in the food fortification sector using a market-based approach to assist over 90 food processors increase their capacity to produce and sell fortified foods to local markets.

Your Friends Also Read:  Tigray Army General Dies in Prison Custody in Ethiopia

The industrialist said that the ongoing war between Russia and Ukraine would lead to scarcity of food, arising from the inability to access fertiliser.

He added that the effect might not be immediate, however, the ripple effect of the war on food production will be felt in the next two to three months in the country.

He noted that Russia and Ukraine were the number one and five in wheat production, accounting for one third of global wheat production.

Also, Boye Olusanya, chief executive officer, Flour Mills of Nigeria Plc, said that the war would impact prices of commodities globally.

Olusanya noted that prices of wheat had increased, and there were issues of inventory control and management.

Your Friends Also Read:  Nigerian Electricity Regulatory Commission Authorises Tariff Increase

“We need to discuss with government on the measures to take to alleviate the impending crisis.

“The impact will also affect maize as Ukraine is the largest producer; we need to start looking at the issue of cross border trafficking of maize, as more farmers will be moving maize out of the country,” he said.


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.

Contact: digital@newscentral.ng

Total
0
Shares

Leave a Reply

Previous Article
EPL PLAYER OF THE MONTH Joel Matip Becomes First Cameroonian to Win Award (News Central TV)

EPL PLAYER OF THE MONTH: Joel Matip Becomes First Cameroonian to Win Award

Next Article

APC Governors Advised To Stop Washing Party’s Dirty Linen In The Public 

Related Posts
Powered by Live Score & Live Score App