Business
‘Urbanisation, Affecting Dietary Diversity Of Nigerians’
The Country Manager of HarvestPlus Nigeria, Mr Paul Ilona said last Saturday that urbanisation was affecting the dietary diversity of Nigerians.
HarvestPlus is part of the Consultative Group for International Agricultural Research (CGIAR) Programme on Agriculture for Nutrition and Health (A4NH).
Ilona told newsmen in Lagos that urbanisation had not been properly managed.
According to him, fruit trees have been overtaken by ornamental trees, affecting the country’s nutritional density, hence the need for bio-fortification.
Our source reports that bio-fortification is meant to increase the density of vitamins and minerals in the crop through plant-breeding or agronomy practices, so that when consumed regularly, such crops would generate the required vitamins and minerals for the body.
Ilona said: “Urbanisation is seriously affecting the dietary diversity of Nigerians, and there is need for more nutritious foods that will enhance our capacity.
“We have not done enough to add value to diversifying our foods; we have focused too much on urbanisation.
“In the olden days, on the way from school, you could climb any fruit tree; but we do not have that anymore because fruit trees have been replaced by ornamental trees.
“Ornamental trees are good, but will not add value to our nutritional requirements, which is why I say urbanisation is good, but we have not managed it well.”
The country manager said that it had become necessary to add value to the lives of Nigerians, thereby promoting wellness.
Ilona said that the current drive to promote bio-fortified foods was to fight against hidden hunger, which was taking a toll on children and pregnant women.
According to him, the country is over-concentrating on producing carbohydrate foods.
“It is not about how much food you have put into the system; it is the extent to which the food you have eaten meets the desires of the parts of the body.
“According to World Health Organisation (WHO) in 2015, 100 children under age five die; and 6 women of childbearing age die every hour in Nigeria, and this should be a concern to us.
“About 60 per cent of the reasons for their deaths have been attributed to malnutrition,” he said.
The HarvestPlus official described hidden hunger as a situation whereby one has eaten, but the body systems did not derive what they required from such food.
“Nigeria has come of age that we should not be hungry again. It is germane to ensure that Nigerians have access to nutritious food,” he said.
Business
Association Seeks Intervention to Save Domestic Airlines
Business
CBN Reforms Impact Consumers As Dollar Card Spending Limits Rise
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
Business
WEC: FG Inaugurates Governing Board … As Nigeria Rejoins Council
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
