WASET
	%0 Journal Article
	%A Chimaobi Valentine Okolo and  Chizoba Obidigbo
	%D 2015
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 105, 2015
	%T Food Security in Nigeria: An Examination of Food Availability and Accessibility in Nigeria
	%U https://publications.waset.org/pdf/10002471
	%V 105
	%X As a basic physiology need, threat to sufficient food
production is threat to human survival. Food security has been an
issue that has gained global concern. This paper looks at the food
security in Nigeria by assessing the availability of food and
accessibility of the available food. The paper employed multiple
linear regression technique and graphic trends of growth rates of
relevant variables to show the situation of food security in Nigeria.
Results of the tests revealed that population growth rate was higher
than the growth rate of food availability in Nigeria for the earlier
period of the study. Commercial bank credit to agricultural sector,
foreign exchange utilization for food and the Agricultural Credit
Guarantee Scheme Fund (ACGSF) contributed significantly to food
availability in Nigeria. Food prices grew at a faster rate than the
average income level, making it difficult to access sufficient food. It
implies that prior to the year 2012; there was insufficient food to feed
the Nigerian populace. However, continued credit to the food and
agricultural sector will ensure sustained and sufficient production of
food in Nigeria. Microfinance banks should make sufficient credit
available to smallholder farmer. Government should further control
and subsidize the rising price of food to make it more accessible by
the people.
	%P 3171 - 3179