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

371

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

N1.3trn fraud: EFCC arrests, grills ex-Delta Gov. Okowa

A former Delta State Governor, Ifeanyi Okowa, has been apprehended by the...

Breaking: Pres. Tinubu orders release of #EndBadGovernance underage protesters

President Bola Tinubu has ordered the immediate release of all minors arrested...

Equatorial Guinea government official embroiled in sextape scandal

Mr. Baltasar Engonga, Director General of the National Financial Investigation Agency (ANIF)...

Just in: Seven new ministers take oaths of office

President Bola Tinubu has sworn in seven newly appointed ministers, directing them...

CAF ruling against Libya: Nigerian govt. promises to protect its citizens in Libya

Nigeria’s Ministry of Foreign Affairs has reaffirmed the federal government’s commitment to...

Polaris Bank wins “Best Mobile App” award at Digital Jurist Awards 2024

For its commitment to digital innovation and excellence, Polaris Bank has again...

Updated: After six years of injustice, Nigeria’s ex-Chief Justice, Onnoghen, finally gets justice

The Court of Appeal, Abuja Division, on Monday, overturned the conviction of...

Flood sacks 4 Anambra council areas as Soludo activates 27 IDP camps

By Emmanuel Ndukuba, Awka Floods have devastated four local government areas in...

Just in: Appeal Court acquits ex-CJN, Onnoghen, orders FG to unfreeze his account

The Court of Appeal sitting in Abuja on Monday discharged and acquitted...

Four-month salary: NASU, SSANU secure irrevocable commitment from FG, suspend strike

After a six-day strike, the Joint Action Committee (JAC) of non-teaching staff...

Three radio stations in Abia destroyed by mysterious fire

A mysterious fire has hit three radio stations in Abia in Abia...

Seven new ministers for inauguration on Monday, Nov. 4

President Bola Tinubu will preside over the oath-taking of seven new ministers...

Youth shot dead for playing football near VIP’s house

A 70-year-old man, Mr. Stephen Irobunda, has escaped a mob action in...

Renowned Nigerian filmmaker, director Dimeji Ajibola is dead

Dimeji Ajibola, the acclaimed Nigerian filmmaker behind the popular series Shanty Town,...

Just in: UK Conservative Party elects former Business Secretary Kemi Badenoch as new leader

Former British Business Secretary Kemi Badenoch has emerged as the new leader...

Demolition of Abuja N200bln properties: Restrain Wike, Estate Developers Beg Pres. Tinubu

President Bola Tinubu has been urged to intervene in the alleged demolition...

ECOWAS, Nigeria, Morocco, Mauritania Commit to $26bln African Atlantic Gas Pipeline Project

“The project, conceived in 2016 during King Mohammed VI of Morocco’s visit...

FirstBank’s retired CEO, Adeduntan, gets presidential commendation

Impressed with his exemplary career trajectory and transformative leadership, President Bola Tinubu...

#EndBadGovernance protests: AGF to Police: Transfer casefiles of 72 defendants to my office

The Attorney General of the Federation (AGF) and Minister of Justice, Prince...

NAGAFF Taps NPA MD, Dr. Abubakar Dantsoho, as Keynote Speaker for Silver Jubilee Anniversary

The National Association of Government Approved Freight Forwarders (NAGAFF) has announced Dr....