Author: Abdallah el-Kurebe

“For the avoidance of doubt, while reiterating that there are sufficient banknotes across the country for all normal economic activity, we wish to state unambiguously that every banknote issued by the Central Bank of Nigeria remains legal tender and should not be rejected by anyone, as stipulated in Section 20(5) of the CBN Act, 2007.

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The constant question is, where will food for the fast-increasing population come from, if, according to African Development Bank (AfDB) statistics, 2019; Africa is the most vulnerable continent to climate change impacts under all climate scenarios and Sub-Saharan Africa has 95% of rain-fed agriculture globally; and if Agriculture in Africa continues to be characterized by aged farmers (on average 65 years), most of them smallholder farmers with less than 2 hectares of cultivable land, growing low yielding varieties, often times landraces.

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