Investor Presentaiton

Food imports still higher than exports...though decelerates slightly in 2018 Nigeria's food import bill as at 2018 stood at N1.4 trillion, whereas food exports stood at N302 million representing deficit of N1.1 trillion in the period under review...this has been the trend over a long period of time... Food Import bill vs Total Agric Exports (N'bn) 1800 1600 1400 1,174 1200 1000 800 600 400 200 60.7 2016 Unlocking productivity across Nigeria's agribusiness value-chain PwC 170.4 2017 1,559 ■Agric Export ■Food Import bill 302.3 2018 1,432 February 2020

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