Nigeria spends $10bn on food imports annually, says minister
[NigerianEye - Nigeria] - 19/08/2025
Abubakar Kyari, minister of agriculture and food security, says Nigeria spends $10 billion annually on agro-imports, including wheat and fish. According to NAN, Kyari spoke on Tuesday at the First Bank of Nigeria’s 2025 Agric and Export Expo in Lagos. The minister, decrying the rising rate of agro-imports, stressed the need for more financing of agro activities to boost local exports. Kyari, represented by his special adviser, Ibrahim Alkali, harped on the importance of increasing financing for the nation’s agriculture sector to boost food export revenue generation. “Nigeria spends over (…)
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