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Nigeria spends $2.34bn on food imports in 2025, down 7.4%
Nigeria’s spending on food imports declined by 7.4 per cent, year-on-year to $2.34 billion in 2025, signaling a moderation in the country’s dependence on imported food products despite a sharp increase in overall import expenditure. Data on food imports obtained from the Central Bank of Nigeria, CBN, quarterly statistical bulletin, fourth quarter 2025. Q4’25 showed that food imports fell to $2.343 billion in 2025 from $2.530 billion recorded in 2024, representing a decline of $186.42 million of 7.4 per cent year-on-year.
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punchng.com
Food imports drop by 7% – CBN data
Nigeria's food import bill decreased by 7% to $2.34bn in 2025, according to CBN data, signaling a shift in economic priorities and reduced import reliance.
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vanguardngr.com
Nigeria spends $2.34bn on food imports in 2025, down 7.4%
Nigeria’s spending on food imports declined by 7.4 per cent, year-on-year to $2.34 billion in 2025, signaling a moderation in the country’s dependence on imported food products…
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Nigeria’s Capital importation rises 83% to $10.37bn
Nigeria’s capital importation surged by 83.8 per cent to $10.37 billion in the first quarter of 2026 (Q1’26), up from $5.64 billion recorded in the corresponding period of 2025,…
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Nigeria’s capital importation surges 84% to $10.37bn – NBS
Nigeria's capital importation soared by 84% to $10.37bn in Q1 2026, driven by portfolio investments. Discover key sectors and sources of this significant c