News
Peter Obi Calls for Agricultural Investment to Tackle Africa’s Food and Human Insecurity
At the Africa Food Systems Forum 2024 held in Kigali, Rwanda, former Nigerian presidential candidate Peter Obi delivered a powerful message on the urgent need to address food insecurity across the continent.
Speaking as one of the panellists, Obi underscored the intrinsic link between food insecurity and human insecurity in Africa, using Nigeria as a case study.
In his address, Obi stressed that solving food insecurity is not just about addressing hunger, but also about creating massive job opportunities, particularly for the continent’s growing youth population.
He pointed out that investing in agriculture and food-related productivity could pave the way for general security in countries like Nigeria, where food shortages and unemployment are major concerns.
“By reducing reliance on food imports, Nigeria can ease the strain on its currency, stabilize exchange rates, and curb inflation caused by high food costs,” Obi noted.
To highlight Africa’s untapped agricultural potential, Obi compared Nigeria’s rice production with that of Bangladesh.
While Bangladesh, with a landmass six times smaller than Nigeria, produces 35-40 million tons of rice annually, Nigeria only produces 3-4 million tons—roughly 10% of Bangladesh’s output.
This disparity, according to Obi, reflects a broader challenge across Africa that can be tackled through targeted investments.
“Food insecurity, if addressed properly, can catalyze enhancing human security and driving overall development,” he said, calling for a holistic approach that includes sustainable agricultural practices and value-chain improvements.
Obi concluded by reaffirming that a food-secure Africa is central to achieving prosperity and stability.
He urged leaders and stakeholders to prioritize food systems as a means to empower communities, boost economic growth, and build a more secure and self-sufficient Africa.
News
FCCPC to Find Out Why Uber Exited Nigeria Amid Consumer Concerns
It has been reported that the Federal Competition and Consumer Protection Commission (FCCPC) is planning to investigate and find out why Uber left Nigeria.
While FAAN has shared that it had no involvement in Uber’s exit, the FCCPC stated that it will find out what led to the decision, following concerns and complaints from users about the company’s exit.
FAAN also shared that it understands consumers’ concerns, as people are worried about the holiday period, when people coming into the country may need rides and Uber is no longer available, as it was a reliable source of transportation.
Business
FAAN Breaks Silence on Claims Over Uber’s Departure From Nigeria
Since Uber exited Nigeria, rumours have been circulating over why the company left the country. One of the claims suggested that FAAN was part of the reason for the exit.
The Federal Airports Authority of Nigeria (FAAN) has now addressed the rumours and claims of its involvement in Uber’s decision to leave Nigeria.
FAAN said it could not speak for Uber’s decision, noting that the company likely had its own economic and regulatory considerations for leaving Nigeria.
FAAN’s Managing Director, Olubunmi Kuku, said “I can’t speak to Uber’s exit from Nigeria. I am sure they have their own economic and regulatory decisions as to why they chose to exit.”
News
Governor Umo Eno Reveals He Made ₦10m Monthly Selling Akara And Bread
Governor of Akwa Ibom, Pastor Umo Eno, reflected on a career choice he made when he had no choice back then.
The governor recalled how he made not less than ₦10 million in a month from selling bread and akara.
He stated “I started selling Akara and bread. Back then, I was doing Akara Burger — we opened the bread and put Akara inside for you. I made not less than ₦10 million in a month.”
Many Nigerians reacted and wondered if his reflection was in response to what the First Lady advised Nigerians earlier about selling corn.
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