Nigeria produces over 11 billion tons of perishable food annually but has only 1,000 refrigerated trucks when 20,000 are needed, resulting in an estimated $9 billion annual loss due to inadequate cold chain infrastructure.
Install our extension to search inside any video instantly.
Billions Lost In TransitAdded:
Now, if you think about Nigeria, we produce over 11 billion tons of perishable food every year. And of that amount of perishable food, we only have about 1,000 refrigerated trucks to, you know, carry and transport that food from origin to the consumer and to other markets, right? We need over 20,000. In order to meet the demand of the perishable food that we have. And if you think about the difference between over 20,000 and 1,000, that's a sizeable gap that people have estimated is worth about $9 billion annually. This is just taking the output value and calculating the loss rate from that.
Related Videos
The #1 Reason Your Top People Keep Leaving (How to Fix It)
Entreleadership
470 views•2026-05-29
What Happens After A Motorcycle Dealership Shuts Down?
FastestWay.1
374 views•2026-05-29
The Evolution of DSP's Pokemon Unpack-ack-acking Grift
Toxicity_Unmasked
2K views•2026-05-29
Help re-structure my finances, I want to buy a house, save and invest
JennNxumalo
2K views•2026-05-29
Asian Paints Q4 Results: Revenue Beats Estimates, 5 Key Takeaways For Investors
NDTVProfitIndia
111 views•2026-05-29
Trying to Afford Vancouver on a Single Income | $2,550 Mortgage
chelseaspursuit
308 views•2026-05-28
AI Investment: Data Centers & The Bottom Line
MemeTeamClips
134 views•2026-05-28
Are you busy but still feeling broke?
TaraWagner
305 views•2026-06-01
