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CBN: Food Imports Gulped $14bn In 5 Years

CBN: Food Imports Gulped $14bn In 5 Years   Food product imports gobbled up $14.05bn of the foreign exchange supplied by the Central Bank of Nigeria in the last five years, according to data obtained from the apex bank on Thursday. The CBN’s breakdown of sectoral utilisation...

Nigeria Spent N40trn On Food Imports In 21yrs – NBS

Nigeria Spent N40trn On Food Imports In 21yrs - NBS   National Bureau of Statistics Data have shown that Nigeria spent over N40trn on food imports in 21 years to meet domestic consumption. Data from the National Bureau of Statistics (NBS) and Central Bank of Nigeria...

We’ve Saved $21bn On Food Imports – FG

We’ve Saved $21bn On Food Imports - FG The Federal Government on Tuesday announced that Nigeria saved $21bn on food imports in the last three and half years. It also stated that the country increased the export of its agricultural produce by 500 per cent within...