Nigeria spends $2.34bn on food imports in 2025, down 7.4%

•Food import share shrinks as total imports jump 28% By Babajide Komolafe Nigeria’s spending on food imports declined by 7.4 per cent, year-on-year to $2.34 billion in 2025, signaling a moderation in the country’s dependence on imported food products despite a sharp increase in overall import expenditure. Data on food imports obtained from the Central Bank […] The post Nigeria spends $2.34bn on food imports in 2025, down 7.4% appeared first on Vanguard News .

Original source: Vanguard Nigeria