Connect with us

News

Africa Needs Urgent Action to Avert Famine in Burkina Faso, South Sudan, Others Says FAO

Published

on

kenya police

Conflict and COVID-19 are also worsening food insecurity in the Democratic Republic of the Congo, northern Nigeria, Somalia and Sudan

FAO Director-Genaral QU Dongyu, today warned the United Nations Security Council that Burkina Faso, South Sudan and Yemen were at risk of a looming famine and appealed for an urgent and united humanitarian response to save lives and livelihoods.

“Tragically, there are many more situations where conflict and instability, now also exacerbated by COVID 19, are drivers for more serious hunger and acute food insecurity. This is particularly visible in areas where conflict and other factors such as economic turbulence, and extreme weather, are already driving people into poverty and hunger,” he said.

In a virtual briefing to the Security Council on conflict and hunger, Qu also underscored the dire situation in the Democratic Republic of the Congo, northern Nigeria, Somalia and Sudan.

The Security Council invited FAO’s Director-General, the United Nations’ Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Mark Lowcock, and David Beasley, the Executive Director of the World Food Programme, to provide an update on the food security situation in a number of countries around the world experiencing food insecurity.

“Worldwide, those hardest hit include the urban poor, informal workers and pastoral communities as well as people who are already particularly vulnerable – children, women, the elderly, the sick and people with disabilities,” the FAO Director-General said.

“We need first and fast aid to stop hunger, we need prevention and production locally, we need political willingness and we need collective actions, as the forecasts for food security in 2020 continue to worsen,” he added.

This is the second time this year that Qu has been asked to brief the Security Council on situations of conflict induced food insecurity. Together with Lowcock and Beasley he last addressed the UN body in April.

COVID-19, Desert Locust are factors exacerbating acute food insecurity

Qu expressed deep concern about the latest data on the Democratic Republic of the Congo, which shows that some 21.8 million people are unable to get enough food on a daily basis. Qu said this was “the highest number of people experiencing crisis or worse levels of acute food insecurity ever recorded in a single country”.

In Yemen, Qu pointed out that Desert Locusts have further threatened food availability. “FAO urges all those concerned to work towards granting access for control operations to prevent the pest from further worsening the deteriorating situation in Yemen and beyond,” he said.

He also expressed “great alarm” about the worsening situation in Burkina Faso, where the number of people experiencing crisis or worse levels of acute food insecurity has almost tripled.

In northern Nigeria, between June and August 2020, the number of people in crisis or facing emergency levels of acute food insecurity increased by 73 percent compared to the 2019 peak figure and reached almost 8.7 million, Qu said.

He noted that in Somalia, 3.5 million people face crisis or worse levels of acute food insecurity between July and September 2020. This increase of 67 percent compared to the 2019 peak is due to the triple shocks experienced this year – COVID-19, floods and the desert locust upsurge. “While much progress has been made in controlling the locusts, FAO is making every effort to sustain control operations,” the Director-General said.

In Sudan, the number of people in urgent need of humanitarian assistance has risen by 64 percent, between June and September 2020, reaching around 9.6 million people, the highest level ever recorded in the country, with serious floods further exacerbating the situation.

Combating acute food insecurity, harnessing the power of investments and innovation

In his address to the Security Council, the FAO Director-General called for a “package of solutions” to be put in place in order to combat acute food insecurity effectively. He said humanitarian-development-peace actions must be well coordinated and complementary and that they need to be mutually reinforcing across global, regional, national and local levels.

“Humanitarian actors can provide first aid. Agri-food systems can play a more sustainable function for better production, better nutrition, better environment and a better life,” Qu said.

He noted that there was “good news” with FAO forecasting in 2020 a bumper harvest globally in major crops – an all-time high year, with 58 million tonnes above the 2019 outturn.

Qu stressed that such an achievement was being reached thanks to enabling policies, investment and “the hard work by millions of famers”.

“Lasting peace and harmony can be achieved, through good policies and investment in agriculture infrastructure and capacity building in the rural development, especially in conflict areas,” he said.

Qu said the Security Council can play a pivotal role in addressing the threat of conflict induced acute food insecurity by promoting dialogue and seeking solutions to conflict and violence. This would allow for urgent life-saving and livelihood-saving operations to be scaled up and better integrated humanitarian and development responses to be delivered that address the multiple drivers of food insecurity.

“Once again let me assure the Council of FAO’s continued support through policy advice, technical assistance, our Big Data platform and concrete services on the ground,” the Director-General concluded.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Travel

Airline Stocks Tumble as Ryanair Cuts Summer Fare Forecast

Published

on

Ryanair’s announcement of a significant cut in summer fare expectations has sent ripples through the airline industry, causing stocks to fall sharply.

The no-frills airline reported a nearly 50% drop in profits for the quarter ending June 30, attributing the decline to lower passenger fares and frugal consumer behavior.

Ryanair’s profit before tax fell to €401 million, a stark contrast to the same period last year. This slump is primarily due to a 15% decrease in average passenger fares, as travelers continue to tighten their budgets amid ongoing economic uncertainties.

Chief Executive Michael O’Leary highlighted the shift in consumer behavior, noting that “fares are now moving materially lower than the prior year and pricing continues to deteriorate.”

The company’s previous forecast of stable fares has been revised, with expectations now set for a “materially lower” fare structure between July and September.

The announcement triggered a sell-off in airline stocks, with Ryanair’s share price plummeting by 17%.

Other airlines, including EasyJet and Wizz Air, also experienced declines, reflecting broader concerns about the industry’s financial health as customer spending contracts.

Experts are questioning whether the entire sector is facing a downturn, especially as consumers delay booking trips and opt for more budget-friendly options.

Despite the profit drop, Ryanair reported a slight increase in passenger numbers, which helped mitigate a more significant fall in overall revenue.

However, the airline emphasized that its summer performance heavily relies on last-minute bookings, particularly in August and September.

The trend of delayed bookings is partly due to the cost-of-living crisis, which continues to influence consumer spending habits.

This trend aligns with observations from other airlines like Jet2, which noted only modest price increases amid late bookings.

Ryanair’s struggles are compounded by external challenges such as air traffic control strikes and a global IT meltdown, which have led to delays and cancellations.

These issues have further dampened consumer confidence, potentially impacting last-minute booking numbers.

Moreover, Ryanair faces operational hurdles with aircraft deliveries. Boeing has warned that some 737 Max planes expected by next spring will be delayed until summer 2025, posing a threat to Ryanair’s capacity during peak travel periods.

The airline industry is grappling with the end of a post-pandemic boom in pricing, as evident from warnings by other carriers like Lufthansa and Air France-KLM.

As economic pressures mount, the sector must navigate a landscape of cautious consumer spending and logistical challenges.

Ryanair’s latest figures underscore the fragile nature of the current travel market, prompting airlines to reassess strategies to attract budget-conscious travelers while maintaining profitability.

Continue Reading

Travel

Max Air Flight Suffers Multiple Tyre Bursts, Passengers Safe

Published

on

Max Air

A Max Air flight carrying 119 passengers and six crew members from Yola to Abuja experienced a rare tyre malfunction during takeoff.

The Boeing 737, flight NGL1649, encountered an issue when four of its tyres burst, leading to an emergency halt on the runway.

The Director of Public Affairs and Consumer Protection at the Nigerian Safety Investigation Bureau (NSIB), Bimbo Olawumi Oladeji, confirmed the incident.

She stated that as the aircraft began its takeoff roll, a loud bang was heard, identified as the bursting of the rear gear tyres.

Initially, two tyres burst, and while attempting to taxi off the runway, the remaining two tyres also burst, leaving the aircraft disabled.

Glory be to God, no injuries were reported among the passengers or crew, thanks to the quick response and professionalism of the flight team.

A go-team, led by NSIB Director General Alex Badeh, is set to conduct a thorough investigation into the incident to determine the cause of the malfunction.

This investigation aims to ensure the continued safety and reliability of air travel in the region.

Max Air has expressed gratitude for the cooperation and calmness of all passengers during the incident and assured the public of their commitment to maintaining high safety standards.

The airline is working closely with authorities to address any potential issues and prevent future occurrences.

As investigations proceed, the aviation community remains focused on learning from the event to enhance safety protocols and maintain passenger confidence in air travel across Nigeria.

Continue Reading

News

Nigerians Increasingly Reject Bribe Demands, Reports NBS

Published

on

Bribery

70% of Nigerians reportedly refused to pay bribes on at least one occasion in 2023, according to a report by the National Bureau of Statistics (NBS).

The report, titled “Corruption in Nigeria: Patterns and Trends,” highlights the growing resistance to bribery among citizens.

The study found that 42% of Nigerians cited moral objections as their primary reason for refusing bribes.

Also, 23% were motivated by the pressures of the rising cost of living, while 21% had alternative ways to achieve their goals without resorting to corruption.

The report noted the highest bribery refusal rate in the North-West, where 76% of individuals resisted paying bribes.

All regions across the country recorded refusal rates exceeding 60%, indicating a nationwide trend towards rejecting corruption.

Public tolerance for bribery has also diminished, with only 23% of Nigerians considering bribery acceptable for expediting administrative processes, down from 29% in 2019.

Furthermore, fewer citizens reported facing negative consequences for refusing bribes, with figures dropping from 49% in 2019 to 38% in 2023.

This suggests a growing empowerment among Nigerians to challenge corrupt officials without fear of retaliation.

Despite these positive trends, the NBS report highlighted that over N700 billion was still paid in cash bribes to public officials in 2023.

Corruption remains the fourth most pressing issue in the country, following the cost of living, insecurity, and unemployment.

The report also underscored a decline in public confidence in the government’s anti-corruption efforts.

In 2019, more than half of Nigerians believed the government was effective in combating corruption, but by 2023, this confidence had fallen to less than a third.

The NBS findings offer a glimmer of hope for Nigeria’s fight against corruption, showcasing a public increasingly willing to stand up against bribery and demand accountability from their leaders.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending