Ukrainian grain over blue and yellow flag.
HighlightTop StoryWorld News

Russia conducts precision missile strikes in Ukraine’s port facility destroys 60,000 tonnes of grain

423

Russia unleashed intense drone and missile attacks on the two Ukrainian port cities of Odesa and Mykolaiv overnight on Wednesday, destroying 60,000 tonnes of grain, according to Ukraine’s Agriculture Ministry.

The bombardment also damaged critical port infrastructure and wounded at least 12 people, officials said.

Ukraine’s Agriculture Ministry, citing experts, estimated it would take a year to restore the facilities damaged. The destroyed grain was supposed to have been loaded on to a vessel and sent through the grain corridor two months ago, the statement said.

Mr Zelenskyy said his government is trying to find a way to maintain a corridor to keep grain exports flowing despite Russia’s decision to abandon the deal brokered with the UN and Turkey.

“The corridor must be secure. In fact, knowing Russia, it won’t be safe unless the U.N. starts working very clearly and firmly at the level of the secretary-general,” he said.

Agriculture Minister Mykola Solskyi warned that if Ukraine cannot export food, “the population of the poorest countries will be on the brink of survival! The price of grain will increase, and not all countries will be able to afford buying agricultural products, which means food prices will significantly rise: flour, cereals, meat”.

Wheat prices rose more than 2.5 per cent on Tuesday and nearly 8 per cent on Wednesday amid the attacks in Odesa, a key hub for exporting grain, illustrating jitters in global markets. Wednesday’s trading price of $7.23 a bushel still was nearly 80 per cent below last year’s peak.

Leave a comment

Related Articles

Updated: Stampede at Anambra rice giveaway leaves 12 dead, 32 injured

At least, 12 people lost their lives and 32 others were injured...

Deadly Stampede in Abuja: Police Report 10 Fatalities, Several Injuries

A food distribution event at Holy Trinity Catholic Church in Maitama turned...

Ogun Information Ministry Vows to Intensify Mobilisation Efforts, Justifies N2bln 2025 Budget Proposal

The Ogun State Ministry of Information has assured the public of its...

Breaking: NNPC Ltd. Slashes Petrol Price to N899 Per Litre

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a significant...

No Shutdown: NNPC Ltd. Denies Report on Old Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports that...

Breaking: Kogi Governor, Yahaya Bello, Regains Freedom After Meeting Bail Terms

Former Kogi State Governor Yahaya Bello has been released from Kuje Custodial...

Court Slaps MTN with N15m fine for disturbing customer me with unsolicited messages, caller tunes

In a landmark decision, the Court of Appeal in Abuja has slapped...

Bitter rivalry between Pasuma and Taye Currency shows no signs of abating

…There was no reason for Taye to be at Pasuma’s 40 years...

Update: Ekiti court grants Dele Farotimi N30m bail

Magistrate Abayomi Adeosun of an Ado Ekiti Magistrate’s Court has granted human...

Just in: Imprisoned Dele Farotimi appears in Ekiti Court amid tight security for ruling on bail application

Dele Farotimi, a prominent Human Rights lawyer and activist, arrived at the...

Just in: Imprisoned Dele Farotimi appears in Ekiti Court amid tight security for ruling on bail application

Dele Farotimi, a prominent Human Rights lawyer and activist, arrived at the...

Just in: National Sports Festival now to hold May 16- 30, 2025 – NSC

Following the postponement of the National Sports Festival, tagged “Gateway Games, Ogun...

Justice Minister slams Edo Gov. Okpebholo over suspension of LG chairmen, declares it illegal

The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi,...

Domestic Crude Oil Sale Initiative: Tinubu’s Strategic Move Pays Off

President Bola Tinubu’s directive to sell crude oil and refined products in...

Saudi Arabia Eyes Hosting 2036 Olympics, Gains Backing from IOC Presidential Hopeful

Saudi Arabia is throwing its hat into the ring to host the...

Cyber attack hits National Bureau of Statistics website, recovery process initiated

The National Bureau of Statistics (NBS) announced on Wednesday night that its...

Reps’ Pledge N704.91m for Vulnerable Nigerians, Presentation Set for Dec 31

The House of Representatives is set to present a significant donation of...

Alleged N110bln money laundering charge: Court admits Yahaya Bello to another N500m bail

Yahaya Bello, the immediate past Governor of Kogi State, has been granted...

Port Harcourt Refinery Rehabilitation a “Masterstroke,” Says Former NNPC Boss

In spite of the criticism and cynicism trailing the feat, former chief...

Updated: 32 feared dead in Ibadan funfair tragedy: Ooni’s ex-wife, others arrested

At least, 32 children were feared killed during a stampede at a...