Report Highlights: The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending of U.S. dollars outside of Nigeria.  This restriction is hindering all direct imports, including food and agricultural products.  Post estimates that Nig [Read more]

Nigeria’s demand for wheat based foods is large and growing. The GON cassava flour import-substitution initiative is impacting U.S. wheat market share negatively but market share is expected to rebound as Nigeria and its neighboring countries continue to demand high quality wheat based food s [Read more]

Report Highlights: Nigeria remains a huge export market for wheat with export value of U.S. wheat averaging $1 billion, about 85 percent share of the wheat market. The high demand is mostly pressured by increasing  consumption of wheat flour - based products  and insufficient  domesti [Read more]

Report Highlights: Nigeria’s sugar refining capacity, estimated at 2.1 million tons, exceeds the country’s current total demand of 1.45 million tons. The country’s sugar refineries depend almost exclusively on brown sugar from Brazil at five percent duty. This situation has assiste [Read more]

Report Highlights: Nigeria is a huge export market for wheat and rice. High demand for wheat flour for the production of bread, noodles, pasta and biscuits (cookies) contributes to Nigeria’s wheat market worth approximately $1 billion in U.S. to Nigeria exports. Domestic wheat production is lo [Read more]

The Government of Nigeria has banned imports of packaged sugar, granulated and in cubes, beginning January 2013. Nigeria’s Trade and Investment Minister, Dr. Olusegun Aganga, said this was in line with the Nigerian Sugar Master Plan which aims at achieving self-sufficiency in the country&rsquo [Read more]

Report Highlights: Effective July 20, 2012, the Government of Nigeria (GON) introduced a 15-percent levy on wheat grain imports resulting in an increase of the effective duty from 5 percent to 20 percent. The GON also introduced a 65-percent levy on wheat flour imports to increase the effective duty [Read more]

Report Highlights: The Nigeria Senate passed the Biosafety Bill into law on June 1, 2011. However, one year after the President is yet to sign it into law. The law leans heavily on the precautionary approach and requires certification and mandatory labeling for imports of all products of biotechnolo [Read more]

Report Highlights: Although Nigeria dropped from the number one export destination in the world for U.S. wheat in MY2010/11 to third position this year, it remains the most consistent and loyal customer. Sales as of April1 are a record 3.5 million tons, up from 3.3 million tons last year. Consumptio [Read more]