2008 birthed the beginning of the reality when real food shortage swept through planet earth and food prices sky rocketed in some cases by more than 100%. It was never resolved; it was merely put on hold by a global financial meltdown. Now, any serious discussion on a sustained economic recovery should take for granted that food prices will once again spike, bringing about a cascade of geopolitical consequences.
The badly affected regions remain the emerging markets and interestingly, they have also experienced a “sharp-spike” in their population growth over the past 5 years. For instance, the UN Chief Executive and American Economist Jeffry Sachs has indicated that Nigeria could be the world’s third most populous nation by 2100, with 700 million people just behind China and India. This calls for concern for a country in a continent where only about an estimated 35% of the populace can boast of year-round freedom from food scarcity and severe poverty levels. The average population per family in Africa stands at a staggering 7 members, and based on Mr Sachs advise, it is imperative for families to start working on having just three children per unit. Obviously this is an up-hill task especially in some quarters where polygamy prevails. Asia is not left out of the pack as China battles with the ever growing population rates along side India. Whilst China’s economy is a thriving one at the moment, it does not foretell that the global food crisis looming around would not cause a downward trod for them in the nearest future. Japan is currently picking up its pieces from the earthquake that engulfed its coasts earlier this year. Will Nigeria be able to survive the impact of the food crisis that has increased the level of poverty within the nation? It is a tall order that only time will tell, provided that good governance and the right focus is put in place by its leaders.
Without doubt, such population explosion as mentioned above will have daunting consequences on the availability of food and water in a world where predication and forecasts presume that there will be global water shortage by 2030. There are a lot of countries especially in growing economies finding it extremely difficult to cope with the rising demand for food versus the unequal and inadequate supply of same. It is estimated that the number of children that will die due to food shortage and scarcity in the next 3 years will more than double what currently exists.
However, this crisis does not stand on its own, but owes to many analysed possibilities most of which are realities to live by or address immediately;
This is the time for world leaders and varying governments, to exert all efforts at ensuring that they plan for the future. It is saddening that in West Africa, most governments consumer more than 70% of the food they produce annually and export another 15%. The depletion of reserves means that “the end has begun from now”. As long as focus lies on perishables such as oil, power and agriculture is left at the tail end of the spectrum, most economies will not be able to survive the global unrest and famine that might push them into the realms of extinction.
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