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Import waivers, insecurity end two-year agric trade surplus

Import waivers meant to ease hunger and insecurity on farms have led to a deficit, ending a two-year run of surpluses, as Nigeria’s agricultural trade balance swung from a N740.27bn surplus in the first half of 2025 to a N56.13bn deficit in H1 2026, according to agriculture and trade experts.

Punch1 source1 min readFiled October 9, 2026

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    Import waivers, insecurity end two-year agric trade surplus

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