
Agriculture Minister Warns Of $10 Billion Food Import Bill, Calls For Radical Financing Reforms
Nigeria is spending over $10 billion annually on food imports, despite vast arable land and a youthful population, Agriculture and Food Security Minister Abubakar Kyari said on Tuesday. Addressing the First Bank of Nigeria Agric and Export Expo in Lagos, Kyari lamented the country’s dependence on imported staples, ranging from wheat and rice to sugar,…