CBN reveals Nigeria spent about $1.7bn on food imports during the first nine months of 2021

NIGERIA'S food import bill during the first nine months of 2021 totalled $1.68bn according to data just released by the Central Bank of Nigeria (CBN) as limited processing facilities led to the widespread importation of several items.   In a report on sectoral utilisation of foreign exchange for the third quarter of 2021, the...