• About
  • Advertise
  • Careers
  • Contact
Friday, March 27, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home News

FG Says Nigeria Spends N1trn On Importation Of 4 Food Annually

by ReportersAtLarge
August 11, 2016
in News
Reading Time: 1 min read
0
President Muhammadu Buhari

President Muhammadu Buhari

Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

MASSIVE importation of food, especially, rice, wheat, sugar and fish, has continued to bleed the nation’s economy, with the four items accounting for a whopping N1 trillion loss to the nation annually.

Executive Secretary, Agricultural Research Council of Nigeria, ARCN, Prof. Baba Abubakar, disclosed this at a sensitization seminar on Genetically Modified Organisms, GMOs, and Agricultural Biotechnology, organised for staff of Federal Ministry of Agriculture and Rural Development by Biotechnology Development Agency, in collaboration with other OFAB and National Bio-safety Management Agency, in Abuja, on Thursday.

Abubakar, who was represented by the Acting Director, Partnership and Linkages Programme, Yarama Ndirpaya, noted with dismay that Nigeria had remained a large food importer, in-spite of massive uncultivated agricultural land across the country.

He said: “Nigeria spends over N1 trillion on the top four food imports annually. And farmers have limited capacity and use techniques that adversely affect soil fertility, water and biodiversity. Human-induced climate change compounds the issue.”

According to him, Nigeria is the largest importer of US hard red and white wheat worth N635 billion annually; world’s number 2 importer of rice at N356 billion; N217 billion on sugar and N97 billion on fish.

RelatedPosts

Free University Education: 6 Countries With No Tuition Fees

UN Labels Transatlantic Slave Trade As Gravest Crime Against Humanity

Families Mourn As Gunmen Kill Nine Nigerian Soldiers In Kebbi

Abubakar, who described the development as unacceptable, further noted that Nigerian farmers had limited capacity and used techniques that adversely affected soil fertility, water and biodiversity and warned that unless farmers were empowered with biotechnology, the problem might linger into the future.

Applying the principle of total productivity factor, TPF, he revealed that of Nigeria’s 98 Mha land, 74 Mha, representing 75 per cent was good for farming, but lamented that less than half was put to use.

Tags: economic crisisFood ImportationNigeriaNigerian Economy
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

United Kingdom - foreign students admission requirement
For The Record

Free University Education: 6 Countries With No Tuition Fees

by ReportersAtLarge
March 26, 2026
0

Seeking free university education to avoid rising student debt? Explore these six countries where study abroad tuition is waived or...

Read moreDetails
transatlantic slave trade UN resolution
WorldNews

UN Labels Transatlantic Slave Trade As Gravest Crime Against Humanity

by ReportersAtLarge
March 25, 2026
0

The UN has passed a resolution naming the transatlantic slave trade the gravest crime against humanity. This move strengthens the...

Read moreDetails
Militant
Metro

Families Mourn As Gunmen Kill Nine Nigerian Soldiers In Kebbi

by ReportersAtLarge
March 25, 2026
0

A brutal gunmen attack in Kebbi State has left nine soldiers dead in the Shanga district. Authorities suspect the Lakurawa...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Sheila E

Sheila E. Makes History As First Female Solo Percussionist To Receive Walk Of Fame Star

3 years ago
president-muhammadu-buhari

Nigerians Lambaste Buhari For Attacking Youths

8 years ago

Popular News

  • Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN)

    Inflation Rate: CBN Targets Single-Digit In 2026 Strategy

    0 shares
    Share 0 Tweet 0
  • NGX Index Surges As Equity Investors Gain N20.63bn

    0 shares
    Share 0 Tweet 0
  • Nigeria Broadband Expansion: NCC Targets Underserved Areas

    0 shares
    Share 0 Tweet 0
  • Free University Education: 6 Countries With No Tuition Fees

    0 shares
    Share 0 Tweet 0
  • UK Visa Fees 2026: Full List Of New Hikes

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Inflation Rate: CBN Targets Single-Digit In 2026 Strategy March 27, 2026
  • Nigeria Broadband Expansion: NCC Targets Underserved Areas March 27, 2026
  • NGX Index Surges As Equity Investors Gain N20.63bn March 26, 2026
  • Free University Education: 6 Countries With No Tuition Fees March 26, 2026
  • UK Visa Fees 2026: Full List Of New Hikes March 26, 2026
August 2016
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jul   Sep »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights