Nigeria: Grain and Feed Annual
Rice import for MY 2022/23 is forecast to increase by 12 percent as political campaigns and electoral activities leading up to the general election in 2023 gear up. A 4 percent marginal increase in wheat imports is envisioned as the Russia/Ukraine crisis prolongs. High flour mill operating costs will negatively impact the price of flour. Nigerians are price sensitive especially regarding inelastic consumer products such as bread. Multiple stakeholder partnerships are making inroads into wheat production in Nigeria. However, these partnerships face serious yield and yield stability challenges. Meanwhile, resettlement programs for internally displaced people in the northeast are projected to positively influence increase in rice, corn, and sorghum cultivation while farmers access to their fields improve slowly.