Rotten economics: Nigeria wastes half its food as millions go hungry

    Josephine Okojie-Okeiyi | Top Stories | Jul 07, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
2127
times

As much as 50% of Nigeria’s fresh produce, amounting to over N3.5 trillion ($2.4 billion) annually is lost post-harvest. Experts warn that the crisis, driven by power shortages, bad roads, and a critical cold chain deficit, undermines food security and fuels inflation. Yet, it also presents a $5.9 billion investment opportunity in storage, processing, and transport infrastructure by 2030. As the government lags on reform, private players are only just beginning to move.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent