The World Bank has forecasted persistent insecurity, armed conflict, and worsening livelihoods in specific regions of Nigeria, including Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa State until May 2024.
The report attributes the challenges to poor macroeconomic conditions hindering access to agricultural inputs, impacting cereal production in the country.
Projections indicate a 2% decline in cereal production in West and Central Africa for the 2023/24 crop year, with Chad, Mali, Niger, and Nigeria contributing significantly to this decrease.
The World Bank warns of Crisis conditions, mainly due to insecurity, armed conflict, and deteriorating livelihoods, affecting various regions, including specific local government areas in Nigeria.
Additionally, between August and November, many low- and middle-income countries, particularly in Africa, faced high inflation rates, impacting food prices. In November, Nigeria experienced a headline inflation of 28.20%, with food inflation soaring to 32.84%.
