Nigeria Imports N953.9bn Raw Sugar Despite Integration Efforts

Despite Nigeria's push for backward integration in the sugar industry, the country imported N953.9 billion worth of raw sugar in a 12-month period. This highlights the challenges faced in achieving self-sufficiency in sugar production and the reliance on imports to meet domestic demand.

The importation of such a significant amount of raw sugar indicates the need for further investment and development in the local sugar industry to reduce import dependency and boost the economy.