Recent Study: Nigeria Agribusiness Report Q3 2014
BMI View: There is uncertainty over the government's efforts to reduce dependency on food imports although we expect that the government will persevere in enforcing the substitution of cassava for increasing proportions of wheat in flour. Wheat production is in danger of disappearing altogether as the Boko Haram insurgency drags on. Tariffs on rice are being reduced creating uncertainty for domestic producers, but this was probably inevitable in the face of runaway smuggling. We still expect to see support for...
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