Food Prices Soar After Sanctions on Coup-hit Niger

The New Diplomat
Writer

Ad

Accolades as Eminent Scholar-Diplomat Ibrahim Gambari is Set to Receive Angola’s Peace Medal

By Abiola Olawale Eminent Scholar-Diplomat, former Nigerian Foreign Affairs Minister and erstwhile United Nations Under Secretary-General, Professor Ibrahim Agboola Gambari, is set to receive the Peace and Development Medal from the Republic of Angola. The New Diplomat reports that Gambari who was at various times Nigeria’s Ambassador/ Permanent Representative to the United Nations, New York,…

Democrats sweep key US elections in rebuke to Trump

By Obinna Uballa Democrats notched a series of decisive wins across the United States on Tuesday, signalling a setback for President Donald Trump’s political influence ahead of future national contests. In New York, Zohran Mamdani - a Muslim and democratic socialist - is projected by NBC News to become the city’s next mayor, marking a…

Ex-NSO DG, former CoS to Obasanjo, Gen Abdullahi Mohammed dies at 86

By Obinna Uballa Major General Abdullahi Mohammed (retd.), a powerful figure in Nigeria’s military, political and security establishment who served as the pioneer Director General of the defunct Nigeria Security Organisation (today's DSS and NIA), has died at the age of 86. The former Chief of Staff to Presidents Olusegun Obasanjo and Umaru Musa Yar’Adua…

Ad

By Agency Report

Shoppers in Niger’s coup-hit capital Niamey face soaring prices for basic foods since the military takeover triggered trade sanctions from West African neighbours.

At one rain-drenched market, customer Ibou Kane said a sack of rice had gone up by more than a third to around 15,000 CFA francs ($25) since the coup prompted the ECOWAS economic and political bloc to close borders and sever commercial ties.

“Frankly, I’ve felt it in my pocket. And right now … we’re all stocking up,” Kane said.

Coup leader Abdourahamane Tiani, who ousted President Mohamed Bazoum, has said foreign pressure will make coming weeks and months difficult for all Nigeriens, and called for unity.

There was no obvious panic-buying at Yantala market, but vendors and shoppers were all feeling the pinch. Cooking oil, too, was up to 33,000 CFA a can from 22,000 a few days before.

Standing by deep tubs of grains, merchant Boubacar Salou said he supported the junta’s rallying call.

“We mustn’t create panic now. Because this affects us all … It’s up to us to show that we are Nigeriens and that we must help those around us, and above all help the new government,” he said.

The closure of borders by the Economic Community of West African States (ECOWAS) poses a particular threat to landlocked and impoverished Niger. Even before the coup, around 3.3 million of Niger’s 26 million people were facing acute food shortages as a hunger crisis grips parts of the region.

‘AUTOCRATIC JUNTA’

The Paris-based International Federation for Human Rights and Nigerien Association for Defence of Human Rights urged ECOWAS to reconsider to avoid worsening civilian hardships.

“We are deeply concerned about the consequences of these sanctions, especially their impacts on the supply of essential food products, pharmaceuticals, medical equipment, petroleum products, and electricity,” said Sita Adamou, head of the Niger group.

“These measures have already begun to affect the Nigerien population, who are regularly facing food and health difficulties.”

From detention in the presidential palace, Bazoum also weighed in, writing in a Washington Post opinion article that Niger faced chaos from the coup, by encouraging Islamist insurgents and pressuring the local economy.

“These measures (sanctions) are already demonstrating what a future would look like under an autocratic junta with no vision or reliable allies,” he wrote. “The price of rice rose by 40 percent between Sunday and Tuesday, and some neighbourhoods have begun to report shortages of goods and electricity.”

Exacerbating the squeeze, various Western nations have already cut aid to Niger, which relies on foreign assistance for 40% of its budget. And the regional central bank cancelled a planned 30 billion CFA bond issuance earlier this week.

($1 = 597 CFA francs). (Reuters)

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp