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FAO Links Rising Food Insecurity To High Interest Rates, Input Costs
Summary by The Whistler Nigeria
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FAO Links Rising Food Insecurity To High Interest Rates, Input Costs
With a targeted $516m for humanitarian needs across Borno, Adamawa and Yobe states, the Food and Agriculture Organisation (FAO) said that high interest rates are undermining Nigeria’s food production. Given a projected 33 million people at risk of acute food insecurity or worse in 2026, the FAO said it is repositioning agricultural support as a central pillar of Nigeria’s 2026 Humanitarian Needs and Response Plan (HNRP), with a focus on safeguar…
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