By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Yes AfricaYes Africa
  • Home
  • Economy
    EconomyShow More
    Nigeria to overhaul telecom sector with new $1 billion investment
    May 23, 2025
    Nigeria targets 300 billion revenue new bond auction
    May 23, 2025
    Nigeria’s external debt servicing grows by 50%, now $2.01 billion
    May 22, 2025
    Uganda signs new $800 million financing deal with Islamic Development Bank
    May 22, 2025
    Haier to set up assembling hub in Kenya by 2026
    May 22, 2025
  • Technology
    TechnologyShow More
    How mobile money is driving growth in Africa
    May 21, 2025
    Nigeria set to rollout $2bn fibre network in Q4 2025
    May 20, 2025
    Vodacom pursuing joint fibre ventures in Africa broadband push
    May 20, 2025
    China to establish new Electric Vehicle factories in Nigeria
    May 20, 2025
    CBN launches new digital platform for Nigerians in diaspora
    May 19, 2025
  • Africa Development
    Africa DevelopmentShow More
    Nigeria to overhaul telecom sector with new $1 billion investment
    May 23, 2025
    Nigeria targets 300 billion revenue new bond auction
    May 23, 2025
    Nigeria’s external debt servicing grows by 50%, now $2.01 billion
    May 22, 2025
    Uganda signs new $800 million financing deal with Islamic Development Bank
    May 22, 2025
    Haier to set up assembling hub in Kenya by 2026
    May 22, 2025
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Africa Development
  • Economy
  • Technology
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2024 YesAfrica Company. All Rights Reserved.
Reading: Nigeria passes new bill to tackle hunger
Share
Sign In
0

No products in the cart.

Notification Show More
Aa
Yes AfricaYes Africa
0
Aa
  • Economy
  • Africa Development
  • Technology
Search
  • Home
  • Technology
  • Africa Development
  • Economy
  • Bookmarks
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Yes Africa > Blog > Africa Development > Nigeria passes new bill to tackle hunger
Africa DevelopmentEconomy

Nigeria passes new bill to tackle hunger

Oloruntoba Yusuf
Last updated: 2024/12/06 at 6:19 PM
Oloruntoba Yusuf
Share
2 Min Read
SHARE

The Nigerian Senate has passed a bill seeking to criminalise the exportation of unprocessed corn in large quantity. The new bill makes illegal to export unprocessed corn from a minimum of 1 metric ton, an indication of the government’s resolve to tackle domestic food shortage before exporting.

The new bill states that any individual who exports, facilitates the export, of unprocessed maize—whether in grains, on cobs, fresh, or dry—in large commercial quantities of at least one metric ton or more, is guilty of an offence.

Corn is a popular staple food in Nigeria and it is also used as a raw material to produce animal feed, drinks and processed flour. Since the removal of subsidy and floating of the naira, corn and other staple food prices have skyrocketed with headline inflation also hitting a record high.

The Nigerian Senate is hoping that with the new bill, the country can prioritise domestic consumption before allowing a staple food like maize to be exported. This means locals must have enough here before a large quantity like 1 metric ton is sent outside the shores.

- Advertisement -

Also, the bill passage comes on the back of a projection by the The United States Department of Agriculture (USDA) that there will be a rise in Nigeria’s 2024/25 corn exports to 75,000 metric tons from its 2023/24 estimate of 50,000 metric tons.

With the expected increase in corn exports, Nigeria might not be able to meet its domestic corn demand hence the move by the Senate to pass this new bill.

TAGGED: nigeria, Trending News
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Orange Egypt targets seamless service with new eSIM option
Next Article Ethiopia partners its regional neighbours to enhance digital infrastructure

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
- Advertisement -

Latest News

Nigeria to overhaul telecom sector with new $1 billion investment
Africa Development Economy May 23, 2025
Nigeria targets 300 billion revenue new bond auction
Africa Development Economy May 23, 2025
Nigeria’s external debt servicing grows by 50%, now $2.01 billion
Africa Development Economy May 22, 2025
Uganda signs new $800 million financing deal with Islamic Development Bank
Africa Development Economy May 22, 2025
//

We influence 20 million users and is the number one business and technology news network on the planet

Yes AfricaYes Africa
Follow US

© 2024 YesAfrica. All Rights Reserved.

  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
Welcome Back!

Sign in to your account

Register Lost your password?