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 ...
No fewer than 25 agribusiness, private and public sector players have committed to sourcing at least 80 per cent of their total viable raw materials and ingredients from within Nigeria by 2035.These ...
As Nigeria grapples with a myriad of socio-economic ... States must complement federal efforts by investing in local food production, storage facilities, and distribution networks.
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has charged the National Assembly and State Houses of ...
Nigerian consumer goods firms are in dire need of a turnaround in sourcing raw materials as costs of items needed for ...
I may not always have enough to eat' Food prices in Nigeria have skyrocketed since the start of the war in Ukraine in February because of higher fuel prices and supply-chain issues related to the ...
Nigeria’s food inflation rate slowed to 23.51% in February 2025, marking a significant decline from the 37.92% recorded in February ...
Rice is a staple food for millions in West Africa and a critical component of food security and economic stability.
The private sector has introduced a Large-Scale Agribusiness Financing Programme aimed at transforming Nigeria’s agricultural ...