Browse Data and Analysis

Nigeria’s animal feed sector remains underdeveloped, largely due to high production costs.

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.

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.

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

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

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....

In April 2015, Nigeria signed its biosafety bill and established the National Biosafety Management Agency (NBMA). NBMA functions to regulate the law and provide oversight for utilizing...

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...

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.

Sub-Saharan Africa’s voracious appetite for imported agricultural goods is a direct result of the region’s robust growth in gross domestic product (GDP) and population.

Post estimates U.S. 2015/16 wheat exports to Nigeria at 2.3 million tons, a 17 percent decrease largely due to existing import levies.

Nigeria’s wheat demand continues to rise and is attracting more third-country suppliers of inexpensive wheat. Imports for 2013/2014 have been adjusted to 4.55 million metric tons.