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Importers Order $50.1m Worth Of Wheat

19/1/2021

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Despite embargo on food importation, no fewer than nine vessels have arrived the Lagos Port Complex and Tincan Island Port with 244, 853 tonnes of wheat valued at N23,6billion ($50.1million).
 
The grain was part of the 5.1million tonnes ordered by the importers for 2021 amid the restriction on food importation
by the Federal Government as the global price of the grain reached $204 per metric tonne.
 
Of the imports, five ships have been moored at Lagos Port, discharging 178,358 tonnes, while four vessels with 66,495 tonnes have berthed at Tincan Port due insufficient local production, which has remained static at 60,000 tonnes since 2019…
 
More details through:
https://www.newtelegraphng.com/importers-order-n23-6bn-worth-of-wheat/
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