
Nigeria Bleeds $10bn Annually Importing Basic Food Staples – Minister Warns
LAGOS, Nigeria- Nigeria spends more than $10 billion annually importing basic food staples, including rice, wheat, sugar, fish, and tomato paste, according to the Federal Government. Officials warn the dependence on foreign supply is unsustainable and threatens food security. The disclosure came on Tuesday at the First Bank Agric and Export Expo in Lagos, where…