Nigeria’s wheat production is currently estimated at about 300,000 metric tonnes, whereas demand is 5 million metric tonnes.
Last year, 2020, Nigeria spent N747.5 billion importing wheat, and as of the second quarter of this year, 2021, N583 billion has been spent importing wheat, as shown by data from the National Bureau of Statistics (NBS).
Wheat importation has been on a consistent increase in Nigeria, as 2019 data
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Caleb Ojewale
Caleb Ojewale is an Assistant Editor at BusinessDay Newspaper in Nigeria, where he also heads Industry and Real Sector, supervising all associated beats/desks.
He is concurrently Editor for Features, Interviews, and the Newspaper's Backpage (Monday to Thursday). He has also been OP-ED Editor and a member of the Editorial Board.
A well rounded business journalist; he is a recipient of multiple local and international journalism awards.
Caleb is a fellow of the University of Oxford and OKP and has bachelor’s and Master's degrees in communication from Lagos State University and the University of Lagos, respectively.
