Nigeria’s agricultural trade deficit returns as exports fall 36 percent to N803bn in Q2

Nigeria's agricultural trade balance has returned to deficit after agricultural exports fell by 36 per cent year-on-year to N803 billion in the second quarter of 2026. Data from the National Bureau of Statistics showed the decline, raising concerns over food security and the country's growing reliance on imported food. Agricultural exports accounted for a portion of total trade.

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