World Bank has predicted that persistent insecurity, armed conflict, and deteriorating livelihoods will keep affecting local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and Adamawa State until May 2024.
The global bank noted that poor macroeconomic conditions were affecting access to agricultural inputs in Nigeria and this is about to affect cereal production in the country.
The World Bank made this revelation in its latest ‘Food Security Update.’
Furthermore, the bank estimated that cereal production for the 2023/24 crop year would be 76.5 million tons in West and Central Africa, which is a two percent decrease from the previous season, but a three percent increase on the average over the last five years.
Nigeria, Chad, Mali and Niger are expected to contribute the most to this decline.
The World bank said: “Projections indicate a decline in production from last year in Chad, Mali, Niger, and Nigeria. This decrease is attributed to dry spells during the growing season and insecurity that limited access to cropland in Chad, Mali, and Niger and to poor macroeconomic conditions that have restricted access to agricultural inputs in Nigeria.
“Over the same period (November to May 2024), Crisis (IPC Phase 3) conditions, mainly caused by persistent insecurity and armed conflict, and deteriorating livelihoods, are projected to affect the following regions:
“Nigeria: Local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa state.”
“The other places this will affect include places in Burkina Faso, Cameroon, Chad, Mali, and Niger.”
The World Bank further stated that between August and November, many low- and middle-income countries battled high inflation.
It said: “Information from the latest month between August and November 2023 for which food price inflation data are available shows high inflation in many low- and middle-income countries, with inflation higher than 5 per cent in 61.9 per cent of low-income countries (no change since the last update two weeks ago), 76.1 per cent of lower-middle-income countries (3.9-percentage-point decrease), 50.0 per cent of upper-middle-income countries (no change), and 57.4 per cent of high-income countries (2.6-percentage point decrease).”
It also stated that the most-affected countries were in Africa, North America, Latin America, South Asia, Europe, and Central Asia. It further highlighted that in real terms, food price inflation has exceeded overall inflation 74 per cent in 167 countries.
