Nigeria spends N183bn on Cane Sugar imports

… as Niger State gov. decries 97% import dependence By Cynthia Alo  Nigeria spent about N183.5 billion importing raw cane sugar for refining in the first half of 2026, H1’26, according to the National Bureau of Statistics (NBS) Foreign Trade in Goods Statistics data. The data however, also shows that quarter-on-quarter, cane sugar imports declined by 26.9 percent to N77.48 billion in the second quarter of the year, Q2’26, against N106.02 billion recorded in Q1’2026. Brazil was the sole disclosed supplier of the commodity in both quarters, with cane sugar ranking as Nigeria’s top imported raw material product in Q1’26 and third in Q2’26. Speaking at First Bank’s Agric Expo in Lagos, Govern...