Nigeria Saved $21bn In 34months From Cutting Out Food Importation - Emefiele   The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018. He said the reductions in food import were...

The Lagos State Government says Nigeria spends $11bn (N3.1tn) annually to import wheat, rice, sugar and fish. The government stated this  at a capacity building workshop for heads of agriculture department in the 57 local government and local council development areas of the state in...

President, International Fund for Agricultural Development (IFAD), Mr. Kanayo Nwanze says Africa spends $35 billion a year on food importation. This is contained in a statement issued by the IFAD and made available to Economic Confidential in Abuja. Nwanze stated this at the opening of a...