The global food price crisis in 2007-08 had negative implications for food security in Nigeria. Prices of almost all food commodities were higher in 2008 as compared to 2007. Between May 2007 and May 2008, price of major Nigerian staples such as rice increased by 107 percent and garri by about 60 percent. The rise in price has driven the general inflation so high that it rose from 5.4 percent in late 2007 to 9.7 percent in mid-2008. Thus, purchasing power and level of nutrition of the people has been drastically reduced (NISER 2008).
Food Security
- 2,7416.00 %27.00 %212.00
Agricultural Production
| Agricultural Production | 2006 | 2007 | 2008 | 2009 |
|---|---|---|---|---|
| 4,042,000 MT | 3,186,000 MT | 4,179,000 MT | MT | |
| 71,000 MT | 44,000 MT | 53,000 MT | MT | |
| 7,100,000 MT | 6,724,000 MT | 7,525,000 MT | 7,338,840 MT | |
| 605,000 MT | 580,000 MT | 591,000 MT | 610,000 MT |
Agricultural Exports
| Agricultural Exports | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|
| 4,368 MT | 2,497 MT | 251.00 MT | 46.00 MT | |
| 31.00 MT | 15.00 MT | 82.00 MT | 12.00 MT | |
| 2,226 MT | 3,666 MT | 10,416 MT | 1,023 MT | |
| 10,400 MT | 11,500 MT | 15,300 MT | 15,000 MT |
Agricultural Imports
| Agricultural Imports | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|
| 1,187,790 MT | 975,911 MT | 1,216,967 MT | 216,762 MT | |
| 3,714,680 MT | 3,244,000 MT | 7,795,100 MT | 1,132,180 MT | |
| 17,668 MT | 9,612 MT | 687.00 MT | 49.00 MT | |
| 23,124 MT | 23,124 MT | 23,124 MT | 83.00 MT |