Trending
- Kenya-Ethiopia Trade Relations: Legislators Advocate for Policy Alignment to Boost Ties
- Visualising the state of debt in Africa 2024
- Abu Dhabi radiates optimism as over 300 startups join AIM Congress 2024
- TLcom Capital Raises $154 million in Funding to Boost Its African Growth
- Africa’s $824Bn debt, resource-backed opaque loans slowing growth — AfDB
- LB Investment brings $1.2 trillion portfolio display to AIM Congress spotlight
- AmCham Summit kicks off, setting course for robust future of US-East Africa trade ties
- Why the UN is raising the red flag on the UK-Rwanda asylum treaty
Browsing: wheat association
About $6.1 billion is spent yearly to import wheat into Nigeria according to the Wheat Farmers Association of Nigeria.
Wheat is the only grain that is yet to record significant progress since 2011, with many farmers now going out of production. Despite being high in demand, successive administrations in Nigeria failed to improve its production, prompting some farmers to call it “political crop” because they believe its neglect is political; not economical. Statistics from World-Grain show that in 2017 Nigerian wheat was valued at $15.5m, up from $13m in 2016. The figure increased to $16m in 2018 and a further increase in production to the value of $16.3m.
Speaking to a press conference on Thursday 22, 2021 in Abuja the president of the wheat association Alhaji Salim Muhammad, while issuing a report on the state of the wheat in the country hailed the Central Bank of Nigeria (CBN) over various …