Agricultural commerce between Nigeria, U.S. projected to exceed $700 million in 2025

Agricultural commerce between the US and Nigeria is on observe to exceed $700 million in 2025, as new shipments of U.S. wheat arrive in Nigeria.

The replace was shared in a publish on X by the U.S. Mission in Nigeria on Tuesday.

“In 2025, U.S.-Nigeria agricultural commerce is on observe to greater than double to over $700 million, benefiting farmers, companies, and shoppers on either side of the Atlantic,” the Mission said

Wheat stays central to Nigerian meals staples, bread, noodles, pastries and different merchandise. The constant excessive demand for these staples underpins sturdy import exercise, whilst native output efforts proceed.

Flour Mills drives U.S. wheat imports 

Based on the U.S. Mission, Flour Mills of Nigeria (FMN) is on the centre of Nigeria’s dependence on imported wheat, utilizing massive volumes of U.S. wheat to maintain its milling and meals‑processing operations.

“Flour Mills of Nigeria, one of many largest importers of U.S. wheat in Nigeria,” they said

FMN produces a variety of wheat-based merchandise, together with flour below its Golden Penny model, pasta, noodles, and different bakery objects. These merchandise serve thousands and thousands of Nigerians each day and are additionally distributed to regional markets throughout West Africa.

Nairametrics stories that in Q1 2025, the US provided items value N1.42 trillion, or 9.22% of complete imports. China continued to dominate with N4.66 trillion, practically one-third of complete imports. India held the second spot with N1.72 trillion in exports to Nigeria.

European international locations, together with the Netherlands, Belgium, Spain, and the UK, in addition to the UAE, Brazil, and Saudi Arabia, provided smaller shares of Nigeria’s imports, primarily in industrial items, meals merchandise, and equipment.

On the export facet, Nigeria primarily sells to Europe, with items valued at N8.64 trillion or 41.96% of complete exports, adopted by exports to Asia valued at N6.75 trillion or 32.79% of complete exports, whereas exports to America had been valued at N3,329.45 billion, representing 16.16% of complete exports.

What you need to know 

Nigeria is presently not producing sufficient grains, together with wheat, for a wheat consumption that’s estimated at 5 to 6 million metric tons. As a part of efforts to fight meals insecurity, the federal authorities, final yr, authorized a 150-day duty-free window to permit the importation of maize, husked brown rice, and wheat.

The federal authorities has additionally launched and scaled up a number of initiatives geared toward increasing home wheat manufacturing below the Nationwide Agricultural Progress Scheme‑Agro Pocket (NAGS‑AP) programme. Within the 2024/2025 dry‑season farming cycle, the federal government supported 250,000 wheat farmers, offering subsidised seeds and fertilisers with the objective of cultivating 250,000 hectares and producing as much as 750,000 metric tonnes of wheat.

Extra just lately, the federal government unveiled its 2025/2026 wheat farming initiative focusing on 80,000 registered farmers throughout 16 wheat‑producing states, with an anticipated output worth of round N160 billion.

To facilitate manufacturing, the federal government secured a $134 million mortgage facility from the African Improvement Bank (AfDB) to spice up seed and grain manufacturing nationwide. This financing helps each dry‑season and moist‑season farming, aiming to stabilise meals provide and strengthen nationwide meals safety.