Confusion as Nigeria spent N1.85trn on Food Import during border closure

  Nigeria, Africa’s biggest economy, spent N1.85 trillion to import food for nine months during the shut down of international land borders, a 62 per cent  increase when compared to same period in 2019 when the borders were left opened. President Muhammadu Buhari’s chief economic adviser, Dr. Doyin Salami, who said this during the National Economic Outlook for 2021 organised by the Chartered Institute of Bankers of Nigeria (CIBN), maintained that this spending pattern is a signal of the nation’s lack of capacity to feed itself. Salami is the Chairman…

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