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Showing posts from February 16, 2025

Analysis Discusses the Reasons for, and Causes of Food Insecurity in Nigeria

Food security which is simply the availability and accessibility of foods, is instrumental to understanding food insecurity. Practically, food security can be defined as the condition in which every person has access to enough food to meet their daily energy needs—roughly 2,200 to 2,300 calories for an adult female and about 2,900 to 3,000 calories (which is approximately 8–10 kilograms of maize flour) for an adult male—with children needing proportionally less to remain healthy. When a nation is unable to provide these minimum calorie levels for its citizens, it is typically described as experiencing food insecurity. In recent times, food insecurity in Nigeria has reached unprecedented levels, emerging as one of the nation’s most pressing challenges. A closer examination of the current situation reveals a complex interplay of factors that have exacerbated the struggle for food among millions of Nigerians. Over the past several years, severe food shortages have become a recurring cri...

Officials Explain the Reasons for, and Causes of Public Debt in Nigeria

In recent times, Nigerian officials and economic experts have been increasingly vocal about the underlying factors fueling the nation’s burgeoning public debt in Nigeria , painting a picture of a country caught in a cycle of unsustainable fiscal practices. The prevailing narrative centers on a confluence of high government spending, systemic challenges in revenue generation, and an overreliance on external borrowing. These issues, which are deeply intertwined, have culminated in a situation where fiscal imbalances threaten the very fabric of Nigeria’s economic stability and its prospects for future development. The nature of the Nigerian government expenditures is one of the primary causes of the growing public debt in Nigeria. In fact, public debt in Nigeria has grown significantly, not solely due to an inability to generate sufficient revenue, but largely because of a pattern of imprudent and unchecked government spending. Over the years, substantial sums have been allocated to proj...