Nigeria’s $10bn Food Import Burden Raises Concerns Over Economic Resilience

Nigeria’s annual food import bill, estimated at about $10 billion, has come under renewed scrutiny, with policymakers and industry stakeholders warning that sustained dependence on external supply chains could weaken the country’s economic resilience and strain foreign exchange reserves. The import burden, spanning staples such as wheat, rice, sugar, fish and tomato paste are in […]

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