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Nairaland Forum / Nairaland / General / Business / N315b Expenditure On Wheat Importation In Nigeria (950 Views)
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N315b Expenditure On Wheat Importation In Nigeria by ybase2: 9:08am On Nov 18, 2011 |
The plans to save about N315 billion per annum on the importation of wheat flour into the country has been concluded by the Federal Government. According to the Minister of Agriculture, Akinwumi Adeshina, Nigeria spends a total of N635 billion per annum on the importation of wheat flour, yet is the highest producer of cassava in the world. The country produces 35million metric tons of cassava, but uses almost none of it, choosing instead to import wheat which it uses in the production of bread. read more :http://businessnews.com.ng/2011/11/18/n315b-expenditure-on-wheat-importation-in-nigeria/ |
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