• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Inflation: WFP Reviews Food Procurement In Nigeria

by Leadership News
1 year ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

RELATED

Sustainability Professionals Institute Holds 5th Induction, Targets Chartered Status

Sustainability Professionals Institute Holds 5th Induction, Targets Chartered Status

21 minutes ago
Nigerian Idol S10: Double Elimination As Lawrence, Mikki Exit Show

Nigerian Idol S10: Double Elimination As Lawrence, Mikki Exit Show

41 minutes ago

United Nations World Food Programme (UN-WFP) said it is reviewing its local food procurement and will buy food in Nigeria only under stable market conditions.
The decision is informed by the current rising inflation and high food prices fuelled by market speculations.

Advertisement

In a statement made available to newsmen in Abuja, WFP’s country director and representative in Nigeria, David Stevenson, said, “We are aware of traders holding food in their warehouses, pretending it is WFP’s.”
He said it was inaccurate, as WFP has limited stock available to continue supporting the most vulnerable Nigerians with critical assistance.
Stevenson said last week, a WFP monitoring mission in Borno, Yobe and Kano states confirmed unprecedented inflation rates and high food price rises caused by market speculations.
He said this poses significant challenges for Nigerians, particularly those who are displaced, unable to farm, and dependent on markets to access food.

“We are undertaking a comprehensive review of our local food procurement. WFP will purchase food in Nigeria only when the market conditions are stable for all.
“High rates of inflation and soaring market prices have eroded the purchasing power of many Nigerian families, especially those in the conflict-affected northeast of Nigeria,” he said.
He mentioned that the November 2023 Cadre Harmonisé food security analysis projected that up to 4.4 million people in the northeast states of Borno, Adamawa, and Yobe will require food assistance during the June–August 2024 lean season, with over one million people facing emergency levels of hunger (IPC/CH phase 4).

He noted that in 2024, WFP is planning to reach 1.1 million vulnerable people with food and nutrition assistance in Nigeria.
The WFP chief said in the June-August lean season, when hunger is most acute, the group will increase its support to reach 1.6 million people a month – dependent on available funding.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Nigeria’s Inflation
SendShareTweetShare
Previous Post

Reps Want To Handle Palliatives’ Distribution

Next Post

Kemi Nandap Appointed New CG Of Immigration

Leadership News

Leadership News

You May Like

Sustainability Professionals Institute Holds 5th Induction, Targets Chartered Status
News

Sustainability Professionals Institute Holds 5th Induction, Targets Chartered Status

2025/07/06
Nigerian Idol S10: Double Elimination As Lawrence, Mikki Exit Show
Entertainment

Nigerian Idol S10: Double Elimination As Lawrence, Mikki Exit Show

2025/07/06
Tinubu’s Eid Reflections: Beyond The Prayers
News

2027: Tinubu’s ‘Incompetence’ Behind My Renewed Push To Be President — Obi

2025/07/06
Obi, LP Tender Exhibits From 8 States Before Tribunal
News

‘How I’d Lead Nigeria As President’, Peter Obi Speaks On 2027 Plans

2025/07/06
UTME: 2 Days To Deadline, JAMB Registers 1.6m Candidates
Education

JAMB Releases Results Of Mop-up UTME

2025/07/06
Boko Haram Kills 10, Burns Houses In Chibok
News

Boko Haram Kills 9, Injures 4 Others In Borno

2025/07/06
Leadership Conference advertisement

LATEST

Sustainability Professionals Institute Holds 5th Induction, Targets Chartered Status

4 Years Enough To Deliver Results As Nigeria’s President – Peter Obi

Nigerian Idol S10: Double Elimination As Lawrence, Mikki Exit Show

2027: Tinubu’s ‘Incompetence’ Behind My Renewed Push To Be President — Obi

‘How I’d Lead Nigeria As President’, Peter Obi Speaks On 2027 Plans

Ola Aina Signs New 3-year Deal With Nottingham Forest

I Never Worked For Abacha Or Any Gov’t – Peter Obi

JAMB Releases Results Of Mop-up UTME

WAFCON 2024: Super Falcons Cruise To Winning Start, Thrash Tunisia 3-0

Boko Haram Kills 9, Injures 4 Others In Borno

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.