Household Food Imports Rise By 71% In Four Years   Food and beverage imports for households rose by 71.12 per cent between the third quarter of 2018 and the corresponding quarter of 2022 despite the foreign exchange crisis in the country. This was based on data from...

Fed Govt Spent $1.68bn On Food Imports In 9 Months   The Federal Government spent $1.68 billion on food importation between January and September in 2021. This was contained in a Central Bank of Nigeria (CBN) report on sectoral utilisation of foreign exchange for the third quarter...

Fed Govt Spent $1.68bn On Food Imports In Nine Months – CBN   The Federal Government spent $1.68bn on food importation from January to September last year. The Central Bank of Nigeria disclosed this in a report on sectoral utilisation of foreign exchange for the third quarter...

In Six Months, Food Imports Gulped $1.04bn - CBN       The foreign exchange supplied by the Central Bank of Nigeria for the importation of food products into Nigeria rose by 23.81 per cent to $1.04bn in the first half of this year, compared to the same...

Despite Buhari’s Forex Ban, Food Imports Gulps $1.24bn       Food products imports gobbled up $1.24bn of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from President Muhammadu Buhari. The foreign exchange used for the importation...

CBN Launches Programmes To Tackle N1.3trn Food Imports   The Central Bank of Nigeria says it is currently implementing various intervention programmes that will catalyse funding to critical sectors of the economy such as agriculture and manufacturing. The CBN Deputy Governor, Corporate Services, Mr Edward Adamu, said...