2024: “Expect Worst Insecurity, Economic Challenges in 6 Nigerian States”-World Bank Predicts - The Top Society

2024: “Expect Worst Insecurity, Economic Challenges in 6 Nigerian States”-World Bank Predicts

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The World Bank has forecasted that persistent insecurity, armed conflict, and deteriorating livelihoods will continue to impact local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa State in Nigeria until May 2024. This revelation comes as the global institution points to poor macroeconomic conditions restricting access to agricultural inputs in the country, consequently affecting cereal production.

In its latest ‘Food Security Update,’ the World Bank revealed that the estimated cereal production for the 2023/24 crop year is expected to be 76.5 million tons in West and Central Africa, indicating a two per cent decrease from the previous season but a three per cent rise from the average for the last five years. Chad, Mali, Niger, and Nigeria are anticipated to contribute the most to this decline.

Insecurity

The World Bank stated, “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.”

While most of the sub-region’s areas are expected to remain in the minimally food insecure category from November to May 2024, some areas are classified as stressed and others in crisis. The report identifies specific regions in Nigeria, namely local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa state, as being projected to experience Crisis (IPC Phase 3) conditions during this period.

Related: Shehu Sani Accuses World Bank of Insensitivity Amid Economic Reforms 

The World Bank’s update also highlighted the challenge of high inflation faced by many low- and middle-income countries between August and November. In Nigeria, headline inflation rose to 28.20 per cent, with food inflation soaring to 32.84 per cent in November.

The impact of these challenges on food security underscores the need for concerted efforts to address insecurity, enhance macroeconomic conditions, and support agricultural resilience in affected regions to ensure sustained access to food and improved livelihoods for communities.

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