As wheat continues to maintain its spot as the second-highest contributor to Nigeria’s food import bill, stakeholders in the country’s agriculture sector are set to chart a path to stem the trend.
Even with recent interventions in the sector, wheat importation has remained high as over 90 per cent of wheat consumed locally is being imported.
According to the Central Bank of Nigeria, wheat is the second highest contributor to Nigeria’s food import bill as the country spends over $4.2 billion yearly to import almost 5.0 million metric tonnes of wheat.
However, only 63,000MT of the 5-6 million MT consumed annually, is produced locally.
To stem the trend, Olam, a major food and agribusiness company, is hosting its second forum on wheat production, to boost the wheat value chain in the country.
The virtual meeting is scheduled to hold on Nov 24, 2021, at 11:00 am.
Don’t miss out!
Follow this link to register.
The post Olam Commits to Wheat Development, hosts Stakeholders’ Consultative Forum first appeared on AgroNigeria.
The post Olam Commits to Wheat Development, hosts Stakeholders’ Consultative Forum appeared first on AgroNigeria.