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Nigerians to pay more for bread over Russia-Ukraine war
The price of bread is set to rise if the current Russian-Ukrainian war persists.
Russia is the world’s largest exporter of wheat, accounting for more than 18 per cent of international exports.
The downside to the war is that if supply from Russia is distorted for whatever reason, Nigeria could be faced with further surging wheat prices in its local market as a result of the supply gap, which could lead to an increase in the price of some other by-products of wheat, such as bread, wheat meal amongst others.
The price of bread was increased by more than 80 per cent between 2020 and 2021.
In 2020, the Association of Master Bakers and Caterers of Nigeria (AMBCN) had hinted at a 50 per cent increase in the price of bread citing the surging cost of raw materials and COVID-19 impact.
According to the Central Bank of Nigeria (CBN), wheat is the third most widely consumed grain in the country, with its local production only accounting for just one per cent of the five to six million metric tons consumed annually, with the country relying on importation to meet local demands.
The demand-supply gap has necessitated the spending of over $2 billion on wheat importation annually, representing the second-highest contributor to the country’s food import bill.
The National Bureau of Statistics (NBS) says Nigeria imported goods valued at N813.19 billion (over $2bn annually) between January and September 2021, representing 3.7% of Nigeria’s total import in the same period.
A further look at the data shows that Nigeria imported durum wheat worth over N128.1 billion in the nine-month period of 2021, while it recorded a N144.14 billion durum wheat import in the previous year.
Also, Nigeria imports different types of seafood from Russia, some of which include mackerel, meat, herrings, blue whiting, other fish, all in frozen form.
It is also worth noting that Nigeria imported vaccines for human medicine from Russia in Q4 2020.
In 2019, Russia and Ukraine together exported more than a quarter (25.4 per cent) of the world’s wheat, according to the Observatory of Economic Complexity (OEC).
In the event of outright aggression, the flow of wheat and grain could be disrupted. Economic sanctions or military action could have a significant effect on the cost of food as importers seek to find alternatives.
Ukraine is the fifth largest exporter of wheat, accounting for seven per cent of sales globally in 2019.
Daily Trust reported President of Association of Master Bakers & Caterers of Nigeria (AMBCN), Mansur Umar, as saying the current situation will definitely lead to an increase in the prices of flour.
He said, “Flour millers are happy to hear of things like this because they will capitalise on it to increase prices by hoarding the product to induce artificial scarcity.
“We are in trouble. I wish we were ready with the cassava flour at least, we can substitute with up to 10 per cent and that will save this country billions of naira.
“As we speak, a major distributor of one of the brands has announced a N100 increase from Monday.”
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Zamfara: Troops rescue seven women, children from terrorists
Zamfara: Troops rescue seven women, children from terrorists
Troops of the Joint Task Force North West, Operation FANSAN YAMMA, have foiled separate terrorist abduction attempts in Zamfara State, rescuing civilians and neutralising an improvised explosive device (IED) planted along a major road.
The operations, conducted on August 17, 2026, occurred at different locations in the state as security forces intensified efforts to protect civilians, secure major roads and disrupt the activities of terrorist groups in Zamfara.
The Media Information Officer of the Joint Task Force North West, Operation FANSAN YAMMA, Lieutenant Colonel Aliyu Danja, disclosed the development in a statement issued on August 17.
Danja said troops of Sector 2 responded to an abduction incident along the Gurusu–Anka Road after receiving information about the attack.
According to him, the troops pursued the terrorists, forcing them to abandon their captives and flee into the surrounding area.
The military officer said the operation resulted in the rescue of seven victims comprising four women and three children.
He added that all seven victims were rescued unharmed.
The rescue came amid continuing security concerns along major roads in Zamfara, where armed groups have repeatedly targeted motorists and passengers.
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In a separate operation around Magazu Village in Tsafe Local Government Area, troops responded to information that terrorists were attempting to abduct motorists.
The troops moved swiftly to the area and engaged the attackers, forcing them to abandon their victims and escape into nearby bushes.
Danja said some of the rescued victims sustained gunshot wounds during the incident and were immediately evacuated to a medical facility for treatment.
The Magazu axis has previously witnessed similar incidents, making the area a major security concern for residents and road users.
Earlier reports indicated that troops of Operation FANSAN YAMMA had rescued 33 passengers abducted by terrorists around the Magazu area after engaging the attackers and forcing them to abandon their victims.
Meanwhile, troops also responded to the discovery of a terrorist-planted IED along the Gurusu–Gwashi Road in Bukkuyum Local Government Area.
The military said the area was immediately secured while an Explosive Ordnance Disposal team was deployed to handle the explosive device.
The team successfully neutralised the IED, preventing potential casualties among soldiers, motorists and other road users.
The discovery highlights the continuing security threat posed by explosive devices along some roads in Zamfara State, particularly routes used by civilians and security personnel.
The latest operations formed part of ongoing efforts by Operation FANSAN YAMMA to maintain security across its Joint Operations Area and prevent terrorists from freely operating in vulnerable communities and along major transportation routes.
Danja said the successful interventions demonstrated the vigilance and responsiveness of troops in protecting civilians, securing communities and keeping major routes safe from terrorist activities.
He said the Theatre Command would continue to maintain pressure on terrorist elements across the Joint Operations Area and deny them the freedom to threaten innocent citizens.
The command also urged members of the public to remain vigilant and provide security agencies with timely and credible information about suspicious movements and activities.
The latest operations underscore the importance of intelligence-led military action in tackling kidnapping and terrorism in Zamfara, particularly along routes that have repeatedly come under attack.
Zamfara: Troops rescue seven women, children from terrorists
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