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Food Prices Climb In Nigeria As Maize, Rice Lead Surge

News in brief: - Food prices in Nigeria rose again last week, with key staples like rice, maize, and yam recording significant increases, according to data...

Tension Brews Over Alleged Finance Ministry Interference In Agriculture

News in brief: - The Federal Ministry of Agriculture officials accuse the Finance Ministry of undermining Nigeria's food security by favouring AFEX for $310 million...

AFEX Report Highlights Widespread Poverty Among Nigerian Farmers

News in Brief: - A report by AFEX reveals widespread poverty among Nigerian farmers, with over 80% living below the poverty line. - The...

AFEX Predicts Maize, Paddy Rice Price Hikes In Nigeria For 2024

News in brief: - AFEX forecasts significant domestic price increases maize, cocoa, sorghum and paddy rice in Nigeria for 2024, blaming factors like reduced input usage...

Rice Price To Surge 32% In Nigeria As Production Growth Lags Behind Demand

News in brief: - Despite a projected 3.6% increase in paddy rice production, Nigeria anticipates a 32% surge in price for the 2023/2024 crop year...

British Development Institution Invests $26.5M In AFEX To Boost Food Security

British International Investment (BII) is investing $26.5 million in Africa Exchange (AFEX) to construct modern warehouses in Nigeria, Kenya, and Uganda, enhancing post-harvest pricing and crop storage capabilities.

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