Browsing Tag

Wheat Importation

Wheat accounts for 6.2% of Nigeria’s total import bill (2021)

Amaka Nliam Apr 6, 2022 0

A report by the National Bureau of Statistics (NBS) has shown that durum wheat import accounted for 6.2% of the total import bill recorded in 2021, thus representing the second highest contributor to Nigeria’s import bill and the highest…

Agric/Environment

Nigeria imported wheat worth N1.29trn in 2021-NBS

Bilkisu Halilu Pai Mar 21, 2022 0

Nigeria’s foreign trade data, released by the National Bureau of Statistics (NBS) reported that Nigeria imported durum wheat worth N1.29 trillion in 2021, representing a 71.1% increase compared to N756.92 billion recorded in the previous…

Business

Wheat Importation: Nigeria spends over $2bn annually – CBN

Amaka Nliam Nov 10, 2021 0

The Central Bank of Nigeria (CBN) says Nigeria spends over $2bn annually on importation of wheat, the third most widely consumed grain in Nigeria, while highlighting it as the reason for the exchange rate imbalance in the country. …