Spectra CEO warns against food crisis in Nigeria

The Managing Director of Spectra Industries limited, an indigenous Food Processing and Manufacturing company, Duro Kuteyi, has asked the Federal Government to urgently save Nigeria from imminent food crisis.

According to him, this is by setting up a workable agenda for food security to address banditry and flooding, that have made it difficult for farmers to access their farms.

He made this call during an event to mark the World Food Day in Lagos, Nigeria.

Kuteyi is therefore warning Nigerians to brace up for a serious food crisis that will not only see the prices of food items sky rocketing, but will also affect the Gross Domestic Product (GDP) of the manufacturing sector, if the threat of banditry and flooding are not addressed.

Kuteyi, particularly lamented the general insecurity in the country, and stressed that while the rest of the world is fighting hard to combat factors such as climate change that have assumed a big threat to food security, the uncontrollable level of terrorism and banditry has made it difficult for farmers to operate.

He said the current rate of inflation and escalation in food prices will be child’s play by next year if urgent measures are not taken to ensure that farmers are allowed to go to the farms.

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