News

Nigeria to produce more grain this year

Nigeria
Published Aug 11, 2022

Original content

Nigeria is Africa's largest economy and a major oil producer. Its grain processing industry is highly concentrated, with some of the biggest food industry players in the world. The government is responding to the country's dependence on imported wheat, the downsides of which were evidenced by the effects of the Russian invasion of Ukraine, by working to increase domestic production. In its June 23 grain market report, the International Grains Council (IGC) put Nigeria's total grain production for 2022-23 at 21.6 million tonnes, a revised figure from the previous month's forecast. of 21.1 million. He put 2021-22 production at 21.5 million. The IGC put the country's corn crop at 12.5 million tonnes, revised up from the 12 million forecast a month earlier, but down from 12.7 million a year earlier. Sorghum production is estimated at 7 million tonnes, an unrevised estimate, with a year earlier at 6.7 million. Total grain imports in 2022-23 were forecast at 6 million tonnes, the same ...
Source: Agrolink
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.