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Attaché Report (GAIN)

Nigeria: Grain and Feed Update

Nigeria wheat millers are diversifying their sources of wheat import due to the Russia-Ukraine crisis. FAS Lagos (Post) estimates wheat imports for MY 2022/23 at 6 million metric ton (MMT), a 3 percent reduction from last year’s Post estimate. Meanwhile, insurgency and floods in the northern part of the country greatly impacted corn and rice production respectively.
Attaché Report (GAIN)

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.
Attaché Report (GAIN)

Nigeria: Grain and Feed Update

Imported wheat ensures Nigeria food security amid a growing population since domestic production remains minimal.
Attaché Report (GAIN)

Nigeria: Grain and Feed Annual

In 2021, Nigeria is expected to face decreases in grain supplies due to conflict and economic factors exacerbated by the secondary effects of COVID-19. Internal security across the country is a serious challenge to food production especially in the corn belt.
Attaché Report (GAIN)

Nigeria: Grain and Feed Update

Nigeria will rely on imports to meet its national requirements for grains (especially, wheat, corn, rice) in MY2020/21.
Attaché Report (GAIN)

Nigeria: Grain and Feed Annual

FAS Lagos (Post) forecasts Nigeria’s wheat imports in MY 2019/20 at 5.6 MMT, up almost 4 percent compared to MY 2018/19 based on growing food, seed and industrial (FSI) usage.
Attaché Report (GAIN)

Nigeria: Grain and Feed Update

Nigeria’s wheat imports in marketing year (MY) 2018/19 are forecast at 5.4 million metric tons (MMT), up 4 percent from the MY 2017/18 import figure of 5.2 million metric tons.
Attaché Report (GAIN)

Nigeria: Grain and Feed Annual

Nigeria’s MY2018/19 wheat consumption is projected at 5 million tons, a 5 percent increase over last year’s.
Attaché Report (GAIN)

Nigeria: Grain and Feed Update

Nigeria’s wheat consumption continues to increase as prices of other major locally grown staples remain higher than those for wheat products.
Attaché Report (GAIN)

Nigeria: Grain and Feed Annual

Post's combined estimates of Nigeria's MY2017/18 production for wheat, rice, corn and sorghum is set at about 16.3 million tons, representing a slight drop from the current MY2016/17 estimate....
Attaché Report (GAIN)

Nigeria: Grain and Feed Update

MY2016/17 imports of wheat, rice and corn, combined, are estimated at nearly 6.8 million tons. Post’s MY2016/17 wheat consumption estimate is noted at almost 4.2 million tons...
Attaché Report (GAIN)

Nigeria: Grain and Feed Annual

The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending of U.S. dollars outside of Nigeria.