Rising Fertiliser Costs To Prolong Global Food Tensions

Jun 10, 2022 · 56s
Rising Fertiliser Costs To Prolong Global Food Tensions
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The United Nations Food and Agricultural Organisation say the spiralling costs of farm input like fertiliser could deter growers from expanding production and worsen food security in poorer countries facing...

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The United Nations Food and Agricultural Organisation say the spiralling costs of farm input like fertiliser could deter growers from expanding production and worsen food security in poorer countries facing record import bills.
The UN agency pointed out that Nigeria, other countries in Sub-Saharan Africa and other nations that buy more food than they export were likely to face an increase in costs, for which they would get lower amounts of essential foodstuffs.
It stated that the world’s most vulnerable now pay even more for less food, adding that countries were expected to spend a staggering $1.8 trillion importing the food they need this year.
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Author Africa Business Radio
Organization Africa Business Radio
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