Sugar Prices Hit Seven-Year High Amid Forex, Insecurity, Others In Nigeria

The cost of sugar in Nigeria, Africa’s most populous country, has surged to its highest level since 2017, driven by a worsening foreign exchange crisis, insecurity, and recurrent flooding that have hampered production. Data from the National Sugar Development Council (NSDC) reveals that the average price of sugar skyrocketed by 407 percent to ₦1.64 million … Continue reading Sugar Prices Hit Seven-Year High Amid Forex, Insecurity, Others In Nigeria