United Nations reveals the damage fuel subsidy removal in Nigeria is causing

According to the United Nations, the fight against extreme hunger in Nigeria, especially in Northern Nigeria, has increased because of high energy prices caused by the removal of fuel subsidies.

UN’s Senior humanitarian representative in Nigeria, Matthias Schmale, said on Wednesday, June 28, 2023, that about 700,000 children under five are in danger of life-threatening malnutrition, which has grown in size in the past year.

About 4.3 million people in North East are in danger of hunger

He said these children are among the 4.3 million people in the North Eastern states of Borno, Adamawa, and Yobe at risk of acute hunger.

He said: “I have been to Borno and the other two states several times. I’ve seen mothers fighting for the lives of their malnourished children in nutrition stabilization centers.”

Schmale warned that the disastrous scenario is primarily a consequence of over a decade of insecurity and insurgency in the region, with non-state actors hindering people from farming and making a living out of the land.

He also stressed that other effects of the insecurity include extreme weather impacts, such as flooding in Nigeria, affecting over four million people.

World Food Pgramme unveil humanitarian aid for north east

BusinessInsider said that the research by the UN said that just 25% of the $1.3 billion in humanitarian aid required for the North East had been received so far and noted that the worsening crisis of food, fuel, and fertilizers had exacerbated the issue.

To tackle the country’s growing hunger, the World Food Programme unveiled a $2.5 billion Country Strategic Plan (CSP) for Nigeria and malnutrition in a few areas in the north east.

The framework aims to improve nutrition and attain food security in Nigeria by 2030, which aligns with Sustainable Development Goal 2.

Tinubu's subsidy removal triggers inflation

During his inaugural speech, Nigeria’s new President, Bola Tinubu, said that the country is ending its chaotic subsidy program, which has gulped trillions of dollars over the years.

The announcement immediately triggered a petrol price increase across the country, with the nation’s Nigeria National Petroleum Company Limited (NNPC) adjusting its prices.

The price adjustment, adopted by other prominent petroleum marketers in the oil-rich nation, triggered inflation, currently standing at 22.04 percent, according to the National Bureau of Statistics (NBS). Read more: https://www.legit.ng/business-economy/energy/1541777-united-nations-reveals-damage-fuel-subsidy-removal-nigeria-causing/