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Business > Economy
Nigeria’s June wheat imports up 49.75%
By Benson Akomo
July 17, 2012 13:54:23pm GMT
Apapa Port, Lagos

WorldStage Newsonline—Nigeria imported a total of 373,513 metric tonnes of wheat in June this year as against 249,417 metric tonnes in May, an increase of 49.75 per cent, according to a data from the Nigeria Port Authority (NPA).

A total of 13 ships came into the Lagos ports with the wheat, out of which Apapa Bulk Terminal in the Lagos Port Complex handled seven, while JosepDam at Tin Can Isklandf Port handled the remaining six vessels that were  laden with the commodity.

Statistics revealed that MV Pacific Bulker, Nyack Princess, Great Mary, Desert Condor, Spring Hawk, and MV.IVS Orchard were the six vessels that came in June with the product at Josep Dam terminal with a total of 119597mt.

Desert Rhapsody, Spring Eagle, Desert Calm, Desert Spring, Desert Glory, Desert Oasis and Desert Unity were the seven ships that discharged the commodity at Apapa Bulk Terminal Limited with 253,916metric tonnes.

The Federal Government had earlier announced an increase in duty payment from 35 to 65 per cent on the importation of wheat with effective from July 1st, 2012.

The tariff hike is to discourage importation and encourage local production of bread through the use of cassava flour.

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