Trading reports from the Nigerian National Bureau of Statistics show that the country spent N258.3 billion (about $625 million) during the first quarter of this year to import wheat to meet up with the country’s food security.
Wheat, which falls among the most imported goods for the period, accounted for 3.77 percent of total imports (mainly imported from Lithuania and Latvia). According to the Standard International Trade Classification, Nigeria imported $162 million worth of Durum wheat from Lithuania, about $100 million from Latvia, and another $100 million from Canada.
In the quest to meet up with the fast-growing population, the country turns to import since it produces only about 2% of the total wheat consumed. According to IJAEMD, Nigeria is constantly caught up in a “wheat trap” where its growing population’s demand for wheat products - flour and flour-based foods- keeps increasing.
Key food staples produced from wheat flour such as semolina, bread, noodles, and pasta among others form a regular part of daily meals in most Nigerian households, thereby resulting in the increasing demand in wheat importation.
Efforts made by various stakeholders – State Governments, FMAN, WFAN, LCRI National Agricultural Seed Council, and CBN- in boosting local wheat production in recent years has been disrupted by the Boko Haram insurgency in the North-Eastern region of Nigeria which is the major wheat production area. Added to that, the novel coronavirus is another obstruction, with the recent movement restrictions imposed to control the pandemic creating significant challenges for wheat farmers.
Solange Che
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
S&P rated Africa Finance Corporation A/A-1 with positive outlook Strong risk management, low NPLs support infrastructure-focused...
Cameroon coffee export revenues tripled to 3.5 billion CFA francs Marketed output rose 10% in 2024-2025, NCCB data show Producer prices...
Corporate investment in Cameroon rose 28.5% in 2024, INS reports Firms shifted toward financial assets over physical production...
Glencore issued 2026 copper guidance, withheld cobalt forecast amid uncertainty DRC cobalt exports constrained by quotas, copper production...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...