The Minister of Agriculture and Food Security, Sen. Abubakar Kyari has stated that food smuggling to neighbouring countries around Nigeria is affecting food supply in Nigeria as smuggling of food across the border has become rampant.
The Minister stated this during an appearance before the senate committee on banking and finance together with the Minister of Finance, Budget and National Planning and Governor of the Central Bank of Nigeria.
According to the Minister, the devaluation of the naira made food produced in Nigeria become the cheapest across the West African region especially those using the CFA.