FDC COMMODITY UPDATE – JANUARY 30, 2018

Dear Subscriber,

Fuel scarcity has disappeared in the Lagos metropolis, but is likely to resurface if nothing is done about the subsidy backlog, estimated at N1trn.

Avocado is a product consumed by the affluent in Nigeria but is becoming more widely patronised for health reasons. It is produced by small-scale farmers and during the off-season is smuggled from Benin Republic. It is a $10bn global commodity and remains a big opportunity for exports and domestic consumption.

The attached bulletin addresses these and other issues in the domestic and global commodities market.

Enjoy your read!