• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

Nigeria’s N180bn Tomato Harvests Depend On Erratic Climate

Editor by Editor
August 15, 2015
in Politics
Nigeria’s N180bn Tomato Harvests Depend On Erratic Climate
Share on FacebookShare on TwitterShare on Linkedin

RelatedStories

Top fintech apps in Nigeria with over 10 million downloads as of May 2025 

Top fintech apps in Nigeria with over 10 million downloads as of May 2025 

June 23, 2025
IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 

IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 

June 23, 2025
  • Annual harvests of tomatoes in Nigeria worth about N180 billion survives mainly on rain-fed agriculture which has become very erratic due to climate change, creating need for massive investments in irrigation.
  • This N180 billion estimate is based on the country’s annual production of about 1.8million metric tons according to the former Central Bank governor, Sanusi Lamido Sanusi in 2014 and price of N5, 000 per 50kg basket which is the most regular price tomato is sold when there is no scarcity.
  • But as a result of climate change, every year since about 10 years ago, the prices of tomatoes skyrocket around April to July due to delayed or early rains, and/or flooding. This year, tomato price increased astronomically by almost 1,000 percent from N3, 000 to N5, 000 per 50kg basket around March/April to N30, 000 to N38, 000 in June/early July. The problem this year however also included lingering fuel scarcity in Nigeria and pest/disease outbreak.
  • But as predicted by industry watchers, nature smiled again – tomatoes harvested mainly in the Southwest started flooding the market stabilising prices. Supply is expected to further increase as tomatoes harvested in the north would also be available by November/ December.
  • Source: Business Day
Editor

Editor

Related Posts

Top fintech apps in Nigeria with over 10 million downloads as of May 2025 
Financial Services

Top fintech apps in Nigeria with over 10 million downloads as of May 2025 

June 23, 2025
IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 
Companies

IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 

June 23, 2025
NGX, IFC strengthen Nigeria’s sustainable finance drive with labelled bond workshop
Companies

NGX, IFC strengthen Nigeria’s sustainable finance drive with labelled bond workshop

June 23, 2025
Lagos govt mandates permits for amplified sound in nightclubs, worship centres 
Business News

Lagos Govt begins demolition of illegal structures on drainage setbacks at Oko Oba Abattoir 

June 23, 2025
SEC warns Nigerians against investing in Risevest and Stecs  
Equities

SEC tenure rule: Panic grips capital market operators 

June 23, 2025
Tinubu seeks swift action on ECOWAS Standby Force as insecurity escalates in West Africa 
Business News

Tinubu seeks swift action on ECOWAS Standby Force as insecurity escalates in West Africa 

June 22, 2025
Next Post
NNPC Assures Nigerians Of Profitable, Optimal Performance Of Nation’s Refineries

NNPC Assures Nigerians Of Profitable, Optimal Performance Of Nation’s Refineries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Top fintech apps in Nigeria with over 10 million downloads as of May 2025 
  • IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 
  • NGX, IFC strengthen Nigeria’s sustainable finance drive with labelled bond workshop

Follow us on social media:

Recent News

Top fintech apps in Nigeria with over 10 million downloads as of May 2025 

Top fintech apps in Nigeria with over 10 million downloads as of May 2025 

June 23, 2025
IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 

IMT 4.0. sets stage for 2025 Edition, names former McKinsey partner, tech innovator, Per Lagerström as headline speaker 

June 23, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics