Nigeria’s trade surplus and fewer food imports mask a worsening food security crisis

Nigeria spent N1.39 trillion importing food and beverages in the first quarter of 2026, even as the country recorded one of its strongest trade surpluses in years, raising fresh questions about whether the nation’s much-touted “import decline” is a sign of economic resilience or a symptom of shrinking purchasing power and a still-fragile agricultural base. … Continue reading Nigeria’s trade surplus and fewer food imports mask a worsening food security crisis