NBS data showed that food and non-alcoholic beverages contributed 11.51% to the total inflation rate from April 2022 to April 2023, which is the highest by a long shot.
Rain-fed farming has always been Nigeria's main farming activity. Major crops like maize, yam and cassava are grown during raining season because they rely on rain as a source of water.
A medieval village, which was flooded in the 1960s by a lake that feeds the Sau Reservoir, emerged. The reservoir was at 7% capacity in April 2023 and will continue depleting if rain fails to fall.
The NUPRC's Executive Commissioner, Economic Regulation & Strategic Planning, Kelechi Ofoegbu, said that several challenges have negated the efforts going into increasing oil and gas production.
