The average price of sugar in Nigeria has surged to its highest value in five years in December 2023, data from the National Sugar Development Council (NSDC) has shown.
The average price of sugar rose by 98 percent in the full year of 2023 to N1.2 million per metric ton in December 2023 from N625
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Feyishola Jaiyesimi
Feyishola Jaiyesimi is a journalist at BusinessDay Media with over two years reporting experience. She began her journalism career as an agricultural reporter and now covers the energy sector, including oil, gas, electricity, environment, and renewables. She has been selected for professional training by the US Consulate, Lagos. She is a 2025 Dataphyte Biodiversity Reporting Fellow. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.