Inflation may worsen as Nigeria mulls adding sugar, wheat to FX restriction list

Backward integration: Revisiting the sugar value chain

Between 2011 and 2021, Nigeria’s sugar import bill grew by an astonishing 577 percent

Nigeria’s already high food prices are expected to take yet another jump as the Central Bank of Nigeria (CBN) considers adding sugar and wheat to the list of items not granted access to foreign exchange for import. In a tweet on Friday, the CBN said it is considering adding the two items on its

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