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Gain Report - Nigeria: insecurity and fuel price hike threaten food security in NigeriaReport Highlights: The Government of Nigeria’s (GON) attempt to remove its gasoline subsidy on the first day of year 2012 resulted in an industrial strike, severely crippling economic activity for the week that it lasted. After lengthy negotiations with organized labor, the GON was able to rem [Read more]
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Posted: 13 years ago | |
Gain Report - Nigeria: Crop updateReport Highlights: Nigeria's grain production this year is up slightly from the average crop of 2010. Farmers increased average and rainfall patterns were near ideal for the growing season. The arrival of the new crop in the market has not brought any respite to poultry producers as grain prices [Read more]
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Posted: 14 years ago | |
Gain Report - Nigeria: rice trade quarterlyReport Highlights: The Government of Nigeria (GON) has resolved to encourage domestic rice production by restricting rice imports to conserve foreign exchange. Rice importers now import rice from India following the recent reentry of that country into the non-basmati rice trade.
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Posted: 14 years ago | |
Gain Report - Nigeria: Retail foods - steady growth of Nigeria’s retail food sectorReport Highlights: Nigeria's retail food imports are estimated at $750 million in 2010 and projected to increase by 20 percent in 2011. Changing demographics and lifestyles are resulting in increasing consumer demand and preference for packaged retail foods. Domestic food processing is underdeve [Read more]
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Posted: 14 years ago | |
Gain Report: Nigeria - Agricultural finance and developmentReport Highlights: Nigeria's agricultural development is constrained by the lack of access to credit for the predominantly smallholder farmers. Efforts by successive governments to address the problem have been largely unsuccessful. Commercial banks in the country perceive agricultural finance t [Read more]
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Posted: 14 years ago | |
Gain Report: Nigeria - Soybeans and productsReport Highlights: Nigeria's domestic production of soybeans is trending upwards, but still lags behind the rapidly growing demand from the poultry industry for soy meal and vegetable oil processors. This supply deficit resulted in the increase in the price of soybean meal within ten months, rea [Read more]
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Posted: 14 years ago | |
Gain Report: Nigeria's rice imports increaseReport Highlights: Nigeria's rice imports have increased largely because imported parboiled rice competes with other basic food staples. The decision of Government of Nigeria (GON) to ban rice imports through its land borders has somehow reduced cross-border smuggling. Furthermore, rice importer [Read more]
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Posted: 14 years ago | |
Gain Report - Nigeria - Agricultural biotechnology annualReport Highlights: After several years of discussion and debate, the Nigeria Senate passed the Biosafety Bill into law on June 1, 2011. The passage of the law demonstrates that the country is prepared to receive, regulate and most importantly, commercialize biotechnology products. The law leans heav [Read more]
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Posted: 14 years ago | |
Gain Report - Nigeria - Strong growth persists in Nigeria’s wine marketReport Highlights: Average wine consumption per capita jumped from 0.1 liters to more than 0.4 liters within 2004 and 2010. Still wine (red and white) category led the market accounting for a share of more than 80 percent. Local wine processing is underdeveloped and high-cost. Nigeria's large an [Read more]
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Posted: 14 years ago | |
Gain Report: Exporter guide for Nigeria (2011)Report Highlights: Total food and agricultural imports are estimated to reach $4.0 billion by end of 2011 from about $3.7 billion in 2010. Wheat from the U.S. accounts for more than 20% of Nigeria's total food and agricultural total imports. Exports of other U.S. agricultural products such as ta [Read more]
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Posted: 14 years ago |