News
FAO Report Warns: 133 Million Nigerians could Face Severe Hunger Crisis by 2025
A recent Cadre Harmonisé report, supported by the Food and Agriculture Organization (FAO), has projected a looming hunger crisis in Nigeria, estimating that 133.1 million people could face severe food insecurity by the 2025 lean season.
The report, prepared with the federal government and partners like the World Food Programme (WFP) and UNICEF, highlights an alarming increase of seven million people at risk compared to last year.
The surge in food insecurity is attributed to economic hardships, record-high inflation, climate change, and ongoing violence, particularly in northeastern and northwestern states.
The number of people at emergency food insecurity levels (Phase 4) is expected to nearly double from one million in 2024 to 1.8 million in 2025.
Additionally, about 5.4 million children and 800,000 pregnant and breastfeeding women are at risk of acute malnutrition, with 1.8 million children possibly facing severe acute malnutrition and needing urgent care.
The report underscores Nigeria’s struggle with high inflation, especially in food prices, as a critical driver of this crisis.
In the first nine months of 2024, Nigeria spent $3.57 billion on foreign debt servicing—a 39.7% increase from the $2.56 billion spent during the same period in 2023, according to a Central Bank of Nigeria (CBN) report.
The highest monthly payment in 2024 was recorded in May, at $854.36 million, surpassing 2023’s peak of $641.69 million in July.
January saw a 389% increase compared to the previous year, while May’s payments rose by 286.52%. Although slight decreases occurred in June and July, September’s servicing costs were 17.49% higher than in 2023.
Amid rising debt payments, Nigeria’s total public debt reached N134 trillion in Q2 2024, up 10% from Q1.
The National Youth Service Corps (NYSC), releases confirmed date for the registration of Batch C Stream I, 2024. The registration will commence from the 14th of November, 2024. Although the duration of days or how long the portal will be opened have not yet been stated.
Here is the photo released on their official social media page on Instagram:
The Edo State Government approves of the removal of Executive boards, agencies and parastatals in the state’s public service. This information was confirmed on Wednesday and released in the Chief Press Secretary, Fred Itua, statement.
Itua shared that the state governor has ordered the appointees to turn over their government properties to the public officer.
“It is hereby announced for the information of the general public that the Governor of Edo State, Senator Monday Okpebholo, has approved the dissolution of the executives of all boards, agencies, and parastatals in the Edo State Public Service, with immediate effect.””
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