World food prices fell 2% in 2024 – FAO

World food commodity prices declined by 2.1 per cent in 2024 compared to the previous year, mainly due to falls in cereals and sugar, the FAO said on Friday. Last year, the UN Food and Agriculture Organization’s price index for cereals dropped 13.3 compared to 2023 and its sugar price index fell 13.2 percent. The […]
Nigerians go for air fryers as cost of vegetable oil soars

Depending on individual user’s preferences, vegetable oil is used in large or small quantities to prepare meals like jollof rice, fried meat, fish, yam, plantain or eggs, among other delicacies. However, with the advent of innovations, electric air fryers came in as a disrupter, although it was highly disregarded by many because of the affordability […]
Reinke Unveils E3 Precision Center-pivot System

New series claims increased water efficiency and streamlined maintenance. Reinke Manufacturing has unveiled its E3 precision series center pivot system — the third generation of Reinke Electrogator center-pivot systems. “E3 takes things to the next level,” said Mark Virus, manager of mechanical and structural engineering at Reinke Manufacturing. “It’s the first of it’s kind to […]
Expert to FG: Leverage technology to boost livestock sector

Professor Folorunsho Fasina, a lecturer at the University of Pretoria, South Africa, has appealed to the Federal Government to take advantage of technology and innovation to drive the development of the livestock sector in Nigeria. Fasina, who stated this recently in Abuja at the 5th Anniversary Celebration of Farm Alert, noted that technology-driven approach and […]
Global food prices reach 18-month high — FAO

Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, the Food and Agriculture Organization said on Friday. The FAO Food Price Index, which tracks monthly changes in international prices of a basket of food commodities, reached 127.4 points last month, a […]
AFEX seeks coordinated action to address food production, price hike crisis

AFEX has called for increased coordinated action between private industry stakeholders and the government to address Nigeria’s pressing food production, prices and security challenges in Nigeria. The Group Chief Executive Officer of AFEX, Ayodeji Balogun, said this is to stabilise prices, boost local production, and position the country as a leading agricultural exporter in West […]
FG reiterates commitment to food security

The Federal Government of Nigeria has renewed its pledge to ensure the nation achieves sufficient food security. Vice President Kashim Shettima made this known at the State House in Abuja during a high-profile stakeholder engagement organized by the International Institute of Tropical Agriculture (IITA) CGIAR. In a statement posted by IITA on its X handle […]
Acute food insecurity may hit Nigeria, 17 others- UN report

Acute food insecurity is projected to worsen in magnitude and severity across 18 hunger “hotspots,” including Nigeria. This was revealed in a recent report from the United Nations. The report emphasised the immediate need for assistance to prevent femine in Gaza and Sudan, as well as the worsening hunger crises in Haiti, Mali, and South […]
Urgent action needed to tame food inflation
“An old woman is always uneasy when dry bones are mentioned in a proverb.” This is a popular saying from Chinua Achebe’s “Things Fall Apart.” These days, I feel like that old woman in the saying, especially when I see skits where food is wasted and there are too many of them now. I don’t […]
Funding: The U.S. African Development Foundation
The U.S. African Development Foundation (USADF) is inviting applications from African cooperatives, producer groups, and enterprises for grant financing. The grant will support innovative solutions that extend the enterprises’ capabilities to increase revenues, create jobs, improve farmer incomes, and achieve sustainable market-based growth. Selected applicants will receive a grant funding up to US $250,000. Apply […]