Tackling Hunger: Key to Nigeria’s Economic Development and Stability

By   Milcah   Tanimu

 The Nigerian Economic Summit Group (NESG) has stated that addressing hunger is crucial for Nigeria’s economic development and stability. Ms. Ayanyinka Ayanlowo, Acting Head of Strategic Communication & Advocacy at NESG, issued the statement on Wednesday. She noted that despite Nigeria’s agricultural potential, food insecurity remains a significant issue. Conflicts, climate change, and poverty exacerbate this problem.

Ayanlowo revealed that the upcoming 30th Nigerian Economic Summit will focus on enhancing agricultural productivity and improving food distribution. It will also support smallholder farmers. “Tackling hunger, one of the most pressing global challenges, will take center stage at NES #30,” she said. The summit is scheduled for October 14-16, 2024, at the Transcorp Hilton Hotel in Abuja.

As hunger affects millions in Africa, the session will explore sustainable solutions to combat food insecurity and malnutrition. According to the 2023 Global Hunger Index, Africa has eight of the nine countries with alarming hunger levels. This situation threatens economic stability and development.

Hunger contributes to an estimated 3.2 million child deaths in Africa, accounting for nearly half of the world’s under-five mortality rates. NESG asserts that addressing this crisis is both a moral and economic imperative.

The NESG pointed out that several countries have successfully implemented effective policies to reduce hunger. For instance, Brazil’s “Fome Zero” (Zero Hunger) initiative has integrated social programs, agricultural subsidies, and food security measures to significantly diminish hunger and poverty.

India’s National Food Security Act has also helped millions access affordable food through a well-organized public distribution system. These examples provide valuable insights for Nigeria’s food security strategy.

Aligned with this year’s Summit theme, “Collaborative Action for Growth, Competitiveness, and Stability,” the NESG underscored the need for collective efforts in tackling hunger. Plenary V will gather government officials, agricultural experts, development partners, and private sector stakeholders. They will discuss how Nigeria can leverage partnerships and innovative approaches to create a hunger-free future.

By improving food production, reducing post-harvest losses, and addressing climate change impacts, Nigeria can significantly reduce hunger and malnutrition. Policies to strengthen the agricultural sector, enhance rural infrastructure, and provide access to financial resources for small-scale farmers will also be key discussion points during the session.