Article Search

 Niger to sell cereals cheaply to fight hunger
    February 22 2005 at 07:02PM Get IOL on your
mobile at m.iol.co.za

Niamey - Niger said on Tuesday it would sell cereals at below-market prices to help fight hunger threatening millions of people because of poor harvests due to drought and last year's locust invasion.

Landlocked and largely arid Niger is one of the world's poorest countries. The government says more than three million people in 3 000 villages are facing food shortages because of poor crops in 2004/05.

Trade Minister Habi Mahamadou Salissou said the West African nation's government would sell 67 000 tons of cereals from its stocks in an operation running until August.

It will sell 100kg sacks of millet for 10 000 CFA francs (about R160), compared to between 15 000 and 17 000 CFA francs in the markets. Sorghum and maize will also be sold.
Continues Below ↓





That price contrasts with a recent deal in which France sold wheat to Egypt at less than $130 (about R800) a ton, which would be equivalent to about $13 per 100kg, though transport would add to costs in Niger's hinterland.

Yields in Niger were hit by drought and locusts which ravaged more than 200 000 hectares last year and the government estimates a deficit of 223 000 tons in its 2004/05 harvest.

Locusts munched their way across the semi-desert Sahel region south of the Sahara last year, in the most serious infestation in 15 years. They caused the worst damage in Mauritania, Niger and Mali.

Salissou said the government aimed to fight inflation and eradicate or reduce the effects of food shortages for Niger's 12 million people. He said the government intended to build up its stocks in cereal banks.

In November, Niger appealed to the international community to help spare its people from the "pangs of food insecurity".

It has also announced a shortfall in fodder of more than 4,6 million tonnes, which could threaten the survival of 3,5 million cattle.

Email StoryPrint Story
BOOKMARK THIS STORY
Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

muti



     Related Articles
More West Africa stories

Watch IOLs latest videos on YouTube Join IOLs Facebook page Follow IOL on Twitter





     Online Services

Date Your Destiny
 
I'm a 29 year old woman looking to meet men between the ages of 32 and 46.
 

     More Services

     More West Africa Stories

     Breaking News      Most Read Stories
      Top News Stories
      Top Africa Stories
      Top Reads - Yesterday



     Entertainment      Motoring
'Twenty-five years feels right in my bones'
Radio station in a knot over wedding dilemma
Driver dies in Miley Cyrus tour bus crash

     Business
Hershey may launch bid for Cadbury
Global stocks slip, dollar gains on economy fears
Difficult times bring a rise in false claims
Well-mannered Porsche - just built to race
Kia's latest baby - she's even smaller than a Picanto
Communist cousins in demand from behind the Wall
Amid Expo back in 2010 despite poor sales
Triumph recalls Sprint 1050 ST

     Travel
Berlin hipster hotel taps bygone spirit
River Plate reflect on the past
Still hope for the Garden Route
Marrying great music with fine food
Beaujolais nouveau hot in Japan
     Careers
For many, full potential goes unharnessed
Getting to grips with the transport industry
To be your own boss, believe in yourself first
Salary survey puts unstable economy into the equation
Development of child is key