Nigeria’s food, beverage imports rise to N6tn – NBS

Nigeria’s food and beverage imports surged by 71.99 per cent in 2024, reaching N6.58tn from N3.83tn in 2023, according to the latest foreign trade report by the National Bureau of Statistics. The sharp increase reflects a growing reliance on imported food as inflation, naira depreciation, and structural weaknesses in local food production continue to pose Read More

Read More