<div style="max-width: 100%;">&nbsp;</div>
<p>&nbsp;</p>
<p>The Food and Agriculture Organisation has raised alarm over what it describes as worsening food security in Nigeria. In a separate report, the World bank says seven million Nigerians were pushed below the poverty line in 2020 while President Muhammadu Buhari has stated that poverty and unemployment has fueled Boko Haram insurgency in the country. Joining CNBC Africa to assess the state of food security in Nigeria is Kola Masha, Managing Director at Babban Gona.</p>


Mash22

How rising insecurity threatens food security in Nigeria

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Governor of the Central Bank of Nigeria Godwin Emefiele, says plans are on-going to commence operations of a commodities exchange within the next 90 days once the necessary approvals are obtained. Joining CNBC Africa to discuss the implication of this and for an outlook on Nigeria’s Agric sector this quarter is Kola Masha, Managing Director of Babban Gona.</p>


Nigeria’s Central Bank plans to set up commodities exchange

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>No doubt the Covid-19 pandemic was the Black Swan event of the year, with the impact seen across sectors. To mitigate the impact of the pandemic on smallholder farmers, Nigeria launched the Agriculture for food and Job plan, as a component of the Nigeria Economic Sustainability Plan in July, which aims to create between 5 to 10 million jobs through the Agric sector. Joining CNBC Africa to discuss how the agriculture sector can lead the economic recovery efforts are; Onyeka Akumah, CEO of FarmCrowdy, Ayodeji Balogun, CEO of Afex Commodities Exchange and Seyi Edward, Chief Operating Officer of Babban Gona.</p>


2021: How the agriculture sector can drive Nigeria’s economic recovery

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6211721013001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s agricultural sector recorded a growth of 1.39 per cent in the third quarter of the year, that’s according to latest data by the National Bureau of Statistics. Kola Masha, Managing Director of Babban Gona joins CNBC Africa for more.</p>


Nigeria’s agricultural sector remains resilient in the face of COVID-19 crisis

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6152606468001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>A coalition of partners is aiming to provide one million meals for vulnerable Nigerians every week. This comes as Nigeria prepares to gradually ease restrictions on the lock-down caused by the COVID-19 pandemic. Kola Masha, Founder of The Coalition and Managing Director of Babban Gona joins CNBC Africa for more.</p>


COVID-19: Givefood targets one million meals for vulnerable Nigerians weekly

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6142827027001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>As five more COVID-19 cases were confirmed in Nigeria on Wednesday, the government swung into action and made some swift reforms which include the reduction of petrol pump price – a N1.5 trillion cut in the 2020 budget and a travel ban on 13 countries with high COVID-19 infection rates.  The Central Bank of Nigeria also announced a N1.1 trillion intervention fund to boost the economy. Adeoye Adefulu, Partner at Odujinrin and Adefulu and Kola Masha, Managing Director of Babban Gona both join CNBC Africa to discuss how these moves would impact some key sectors of the Nigerian economy.</p>


COVID-19 mitigation: Has Nigeria’s Central Bank done enough to protect the economy

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6125513167001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>In his New Year speech, Nigeria’s President, Muhammadu Buhari stated that the revolution in the agricultural sector is already a reality in all corners of the country adding that new agreements with Russia and Morocco will fasten transformation in farming. So what areas should Nigeria prioritise to ensure food security this year? Kola Masha, Managing Director at Babban Gona joins CNBC Africa for more.</p>


This is what Nigeria must prioritise in order to grow its agricultural sector in 2020

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6068195210001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>The Director-General of the Nigerian Office for Trade Negotiations (NOTN), Chiedu Osakwe told CNBC Africa that the government is working to ensure that it ratifies the African Continental Free Trade Agreement in the coming weeks. But how can Nigeria&#8217;s agriculture value chain position to take advantage of this pact? Kola Masha, Managing Director of Babban Gona joins CNBC Africa for more.</p>


How can Nigeria’s agriculture sector gain leverage from signing AfCFTA treaty?

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5742001728001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Kola Masha, Managing Director of Babban Gona joins CNBC Africa to analyse the agriculture sector&#8217;s performance in the last quarter.</p>


Nigeria’s agriculture sector’s GDP contribution drops

<div style="display: block; position: relative; max-width: 640px;">
<div style="padding-top: 56.25%;"><iframe loading="lazy" style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5614180789001" width="300" height="150" frameborder="0" allowfullscreen="allowfullscreen"></iframe></div>
</div>
<p>Although food inflation for the month of September declined to 0.87 per cent from 1.14 per cent in August, the indicator is up year on year. Kola Masha, Managing Director of Babban Gona joins CNBC Africa to shed light into what Nigeria needs to do to keep food prices down for better food security.</p>


Babban Gona

How rising insecurity threatens food security in Nigeria

Nigeria’s Central Bank plans to set up commodities exchange

2021: How the agriculture sector can drive Nigeria’s economic recovery

Nigeria’s agricultural sector remains resilient in the face of COVID-19 crisis

COVID-19: Givefood targets one million meals for vulnerable Nigerians weekly

COVID-19 mitigation: Has Nigeria’s Central Bank done enough to protect the economy

This is what Nigeria must prioritise in order to grow its agricultural sector in 2020

How can Nigeria’s agriculture sector gain leverage from signing AfCFTA treaty?

Nigeria’s agriculture sector’s GDP contribution drops

Nigeria’s rising food prices: What should be done

News Tips

Advertise With Us

Babban Gona

How rising insecurity threatens food security in Nigeria

Nigeria’s Central Bank plans to set up commodities exchange

2021: How the agriculture sector can drive Nigeria’s economic recovery

Nigeria’s agricultural sector remains resilient in the face of COVID-19 crisis

COVID-19: Givefood targets one million meals for vulnerable Nigerians weekly

COVID-19 mitigation: Has Nigeria’s Central Bank done enough to protect the economy

This is what Nigeria must prioritise in order to grow its agricultural sector in 2020

How can Nigeria’s agriculture sector gain leverage from signing AfCFTA treaty?

Nigeria’s agriculture sector’s GDP contribution drops

Nigeria’s rising food prices: What should be done

News Tips

Advertise With Us

Newsletters