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Experts can't explain the growth of imports of maize in Nigeria
Nigeria is increasing the volume of purchases of maize despite a shortage of currency in the country
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The last time Nigeria actively importing maize grain, although the country is able to fully provide the domestic market of this culture. The volume of recent purchases amounted to 77 thousand tons, worth more than $16 million Given the fact that the country is sorely lacking currency, the trend to increased imports of most of the experts is not entirely clear.

Nigeria is one of the largest corn producers in the African continent. However, the majority of grain corn processors prefer to import the product than to invest in local production. The cost of imports in 2014 amounted to more than $20 million.

According to USDA last season Nigeria purchased in other countries 300 thousand tons of corn. There is a situation when the authorities need to think about supporting local business.

Photo: kvedomosti.ru



Translated by service "Yandex.Translation"
Источники: IDK.Эксперт
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