Food Imports Fall 7.4% as Nigeria Shifts Forex Priorities
Nigeria spent $2.34 billion on food imports in 2025, representing a 7.37 per cent decline from the $2.53 billion recorded in 2024, according to data published in the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin. The figures, modest on the surface, carry deeper significance when placed within the broader context of how Africa’s…
