The average price of sugar in Nigeria has surged to its highest value in five years in December 2023, data from the National Sugar Development Council (NSDC) has shown.
The average price of sugar rose by 98 percent in the full year of 2023 to N1.2 million per metric ton in December 2023 from N625
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Feyishola Jaiyesimi
Feyishola Jaiyesimi covers agriculture and environment trends at BusinessDay, Nigeria’s leading daily newspaper focused on economy and finance. Her stories draw on investigative journalism, and she has been selected for professional training by the US Embassy, Lagos, and Dataphyte. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.
