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In April 2015, Nigeria signed its biosafety bill and established the National Biosafety Management Agency (NBMA). NBMA functions to regulate the law and provide oversight for utilizing...
MY2016/17 imports of wheat, rice and corn, combined, are estimated at nearly 6.8 million tons. Post’s MY2016/17 wheat consumption estimate is noted at almost 4.2 million tons...
MY2016/17 sugar production is expected to remain relatively flat at 70,000 tons, which signals limited progress of Nigeria’s backward integration plans for sugar production.
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.