Nigeria is the Largest Producer of Tomatoes in Sub-Saharan Africa and 13th in the World

Tuesday, January 9, 2018 /5:30PM / FDC 

With an annual output of 2.4milion tonnes, Nigeria is the largest producer of tomatoes in Sub Saharan Africa, and the 13^th in the world. Notwithstanding, the industry faces challenges with distribution, storage and disease. 

At $68pb, Bonny light is now at a 3-year high. This has helped push up the external reserves to $40.4bn. 

The attached slides contain an update of the recent movements in the commodities market, and a short analysis of the domestic tomato sector.  

Related News

1. Nigeria is Now the World’s Second Largest Producer of Sorghum
2. Consumers Are Bracing Themselves for a Challenging Christmas
3. Nigeria is a Fringe Player in Global Rice Production
4. Growing Global Supplies to Keep Prices of Grains Down
5. Oil Prices Slipped 0.26% in Sympathy with A 5% Slump in Copper Prices
6. Naira Strengthened In October to N363 - $ as Food Inflation Jumped to 15.34%
7. Nigeria Produced a Meager 348,000 Tonnes of Cotton in 2016
8. Most Food Prices In Nigeria Have Shrugged off The Currency Gains and Remained Relatively Static
9. Commodity with a 150-Day Lag Could Be a Game Changer for Economic Diversification