Global Grain Markets – Nigeria

Wednesday 1 April, 2015

Lagos, Nigeria

Lagos, Nigeria

Nigeria fact sheet

Nigeria

Nigeria is the largest regional economy in West Africa with a population of 173 million as of 2013. Nigeria’s growth rate is forecast at three per cent per annum. Wheat yields are currently around 2–2.5 metric tonne (mt)/hectare but could increase significantly with new varieties under production. Nigeria is a major importer of wheat, particularly from the US, with imports from Australia on the increase.

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