The UN Security Council held an open debate on Thursday focused on strengthening protection for …
Read More »Nigeria relies heavily on foreign food, spending $2.34 billion by 2025
The Central Bank of Nigeria (CBN) revealed that the country is spending $2.34 billion on food imports in 2025, with the second quarter of this year recording higher demand. The Apex Bank revealed the data in its latest quarterly statistical bulletin on sectoral foreign exchange utilization, which shows that the country is still heavily dependent on imported foodgrains. Data analysis …
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