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"Nigeria Cannot Rely on Importation of Food," Warns Akin Adesina

Nigeria's recently announced policy to open its borders for massive food imports is "depressing," said Akinwumi Adesina, the president of the African Development Bank (AfDB) and the former Nigerian minister of agriculture, during his speech to the African Primates of the Council of Anglican Provinces of Africa (CAPA) at their retreat in Abuja, Nigeria, on Friday, July 12 2024. In his speech, Food Security and Financial Sustainability in Africa - The Role of the Church, Adesina warned that Nigeria's new policy for the mass importation of food "could undermine all the hard work and private investments that have gone into Nigeria's agriculture sector." "Nigeria cannot rely on the importation of food to stabilize prices," said the African Development Bank president. "Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending, that will further help stabilize the Naira... Nigeria cannot import its way out of food insecurity... Nigeria must not be turned into a food import-dependent nation." Find out more. 

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AfDB

Most Rev. Henry C. Ndukuba, Primate of the Church of Nigeria (Anglican Communion), thanks AfDB President Akinwumi Adesina (to the left) for his lecture on 'Food Security and Financial Sustainability in Africa' at the CAPA retreat in Abuja.

AfDB

“Nigeria’s recently announced policy to open its borders for massive food imports, just to tackle short-term food price hikes, is depressing... Nigeria cannot rely on the importation of food to stabilize prices. Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending, that will further help stabilize the Naira,” said African Development Bank (AfDB) president, Akinwumi Adesina, at the Council of Anglican Provinces of Africa (CAPA) retreat in Abuja, Nigeria, July 12 2024.

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AfDB

President of African Development Bank (AfDB), Akinwumi Adesina greets the members of the Council of Anglican Provinces of Africa at their Abuja retreat, where the AfDB president spoke on 'Food Security and Financial Sustainability in Africa - The Role of the Church'.

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