Nigeria spends $22bn annually on food importation – Audu Ogbe

The Minister of Agriculture and Rural Development, Mr. Audu Ogbeh, has expressed displeasure over the huge funds the country spent on importation of food, adding that efforts were ongoing to reverse the trend. Ogbeh who spoke at the 19th edition of Catholic Brothers United in Lagos said that the annual food importation stood at $22 […]

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Central Bank of Nigeria to introduce policy which helps reduce food importation

The Central Bank of Nigeria said on Monday that it would institute pro-agricultural policies that would assist in reducing the huge amount spent annually on food imports. The CBN Governor, Mr. Godwin Emefiele, stated this during the Nigerian Agricultural Finance Conference held in Abuja. He put the amount currently being spent on food imports at […]

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