Wheat price up 60 pct in Africa due to Russia-Ukraine conflict: AfDB chief

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Wheat price up 60 pct in Africa due to Russia-Ukraine conflict: AfDB chief

STORY: Wheat price up 60 pct in Africa due to Russia-Ukraine conflict: AfDB chief DATELINE: April 27, 2022 LENGTH: 00:01:15 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of President Buhari meeting with President of African Development Bank (AfDB) Akinwunmi Adesina 2. various of meeting 3. various of wheat farmland being cultivated 4. various of the bread production line STORYLINE: The ongoing Russia-Ukraine conflict resulting in the disruption of wheat exports has pushed wheat prices higher by 60 percent in Africa, President of the African Development Bank (AfDB) Akinwunmi Adesina said in Abuja, the Nigerian capital, on Tuesday. Adesina, in a meeting with Nigerian President Muhammadu Buhari, said the conflict would create global problems, particularly for Africa, which imports a huge percentage of its food from the two countries. "Already, the price of wheat has gone up about 60 percent. Maize and other grains will also be affected. There may be a fertilizer crisis, as there would be about a 2

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