Nigeria’s dependence on foreign imports to satisfy growing wheat consumption might face its biggest challenge yet due to Russia’s war with Ukraine.
Bread, pasta, noodles, and semolina are among the most threatened food items made from wheat flour in the country. At least three of these increased in price by 50% or more between late 2020 and January 2022, with supply pressures set to induce further increases this month.
“We are expecting between a 10 and 15% increase in the price of flour and flour-based products,” says Deepankar Rustagi, the CEO of Omnibiz, a startup that uses web apps to help retailers order groceries from manufacturers.
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Originally published on Quartz : Original article