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Expert speaks on impact of flooding on Nigeria’s economy

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Meanwhile, experts have lamented the impact of the flood on Nigeria’s economy, describing the situation as a crisis waiting to happen.

In an interview on Tv360 flagship programme, Deji360, economist, Gospel Obele explained that the impact of the flood on the food supply chain in the country is worrisome adding that the situation might be worse during the yuletide season which is just in two months.

He maintained that there is also a likelihood of artificial scarcity of food which will result to doubling of prices in the commodity market.

He however urged the government to tackle the situation as soon as possible to avert a possible crisis..




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