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- (-) April 2024
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Nigeria maintains several lists of agricultural and related products prohibited from trade, including at least two export lists and one import list. The scope of many products on these lists is not always well described, leading to misinterpretation and confusion.
This report provides information on the food and agricultural laws and regulations to import food into Nigeria. Laws regulating and monitoring food safety standards and practices were updated in Section 1. Labeling requirements were revised in Section II in line with the most recent regulation changes.
In marketing year (MY) 2024/2025, Colombia's sugar production is forecast to remain unchanged from the previous MY at 2.25 million metric tons (MMT) owing in part to the onset of the El Niño phenomenon and its dry weather conditions in the second half of 2023.
FAS-Lagos forecasts a 6 percent decrease in raw sugar imports in marketing year (MY) 2024/25 due to the scarcity of foreign exchange and the projected decrease in consumption.
Due to higher input costs associated with planting corn, rice, and other crops, soybean and peanut production is expected to increase in marketing year (MY) 2024/25. Private sector investors are expanding oil palm production and increasing processing capacity to take advantage of strong demand and high prices.
Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
This report highlights all major certificates and permits that the government of Nigeria (GON) requires for exporting food and agricultural products from the United States to Nigeria. It also complements the FAIRS – Annual Country Report for Nigeria (2024).
On March 14, the Central Bank of Nigeria (CBN) officially noted the lifting of restrictions on sourcing foreign exchange to import dairy products. Previously, only six designated companies could source foreign exchange from the government to import dairy products.