• Nigeria spends $11bn yearly on food importation – Lagos government

    Nigeria spends $11bn yearly on food importation – Lagos government

    The Lagos State Government says Nigeria spends $11bn (N3.1tn) annually to import wheat, rice, sugar and fish.

    The government stated this on Wednesday at a capacity building workshop for heads of agriculture department in the 57 local government and local council development areas of the state in Ikeja.

    At the event, organised by the Ministry of Local Government and Community Affairs, the Permanent Secretary of the Ministry of Agriculture, Dr Olayiwole Onasanya, said Nigeria’s importation rate was worrisome.

    Quoting from a Central Bank […]