CBN Adopts Strategies to Mitigate Impending Food Crisis

John Shiklam in the article summarized about strategic measures to mitigate Russia-Ukraine related food crisis consequences taken by the Central Bank of Nigeria. The Bank is planning to financing 600,000 hectares of the farming before the start of the planting season to improve productivity by ‘utilizing high quality inputs and good agronomic practices to boost output’.

The country aims to actively and timely use wet season for key commodities such as maize, rice, wheat, cassava, sorghum and soybeans to prevent the commencing food crisis deriving from the Russia and Ukraine tension.

The article is available on the “This Day” news platform of Nigeria:

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