Browse Data and Analysis

Nigeria is one of Africa's largest retail consumer markets, however in 2023-2024, difficult economic conditions and changing government policies have taken a bite out of the country's food retail prospects. This report provides an overview of Nigeria’s retail sector, including market entry strategies, structure, distribution channels, and best export prospects.

Imports of wheat, rice, and corn in marketing year (MY) 2024/25 are estimated to increase as the economy stabilizes, inflation decreases, and the government implements a temporary zero-duty import policy for the afore-mentioned commodities until December 31.

Nigeria established the National Biosafety Management Agency (NBMA) in 2015 to regulate the country’s bio-technology law and provide oversight for utilizing and commercializing biotechnolog....

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

MY17/18 sugar production is forecast to increase to 80,000 tons mainly due to adjustments by the Government of Nigeria (GON) now offering sugar industry stakeholders more favorable means to access....

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....

National Agency for Food and Drug Administration and Control (NAFDAC) has played the lead role for regulating food safety systems in Nigeria over the past decade.