Sugar

World Sugar Sinks to a Five-Year Low

A global sugar glut has pushed prices to their lowest in about five years, turning the market into a buyer's paradise. For countries that import …

FG Cuts Rice Import Tariff to 47.5% From 70%, Slashes Palm Oil and Sugar Duties Under 2026 Fiscal Policy

The Federal Government has reduced import duties on rice, palm oil, sugar and more than 120 other items under the 2026 Fiscal Policy Measures, effective …

Nigeria Leans on Brazil for Sugar as Local Output Lags

Nigeria still produces under 5 per cent of the sugar it consumes, importing 1.7 million tonnes of raw sugar in 2025, almost entirely from Brazil. …

Nigeria Slashes Rice, Palm Oil, and Sugar Import Duties Under 2026 Fiscal Policy as Government Moves to Curb Food Inflation

The Federal Government has introduced sweeping changes to Nigeria's import tariff structure under the 2026 Fiscal Policy Measures, reducing duties on rice, palm oil, sugar, …