Nigeria must battle food insecurity as priority — IMF

 

ABUJA —The International Monetary Fund, IMF, yesterday asked the Federal Government to pay immediate attention to food insecurity in the country.

The IMF’s position came on a day governors said Nigeria must go into production if it must get the people out of the current hardship.

At the 16th Edition of the Leadership Annual Conference and Awards, the IMF made its position known in its End-of-Mission statement issued after the completion of the IMF Staff 2024 Article IV Mission to Nigeria.

This is even as former Anambra State governor and 2023 presidential candidate of Labour Party, LP, Mr Peter Obi, who decried the hardship in the country, said he was not desperate to be president but “desperate to make Nigeria work.”

Also, former Deputy Governor (Financial Stability) of the Central Bank of Nigeria, CBN, Professor Kingsley Moghalu, advocated the sale of government assets to raise funds, totalling $18-20 billion, which could be channelled into bolstering foreign reserves to stabilize forex and overcome economic woes.

See full report at Vanguard