3,000 Jobs Lost To N12bn Annual Tomato Imports | Independent Newspapers Limited
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3,000 Jobs Lost To N12bn Annual Tomato Imports

Posted: Apr 4, 2016 at 8:48 pm   /   by   /   comments (0)

Tomato paste manufacturers across the country have decried the $1billion (N12billion) spent annually by Nigerians on tomato paste importation. Independent’s  investigation showed that there is enough local production capacity to meet national demand.

However despite local capacity to supply the Nigerian market, importation of the product at dumping price is suppressing local production. As a result of local producers’ inability to cope with the current level of dumping of the commodity via import, over 3,000 jobs have been lost across the industry. Tomato paste is not a prohibited item, but Nigeria manufacturers said, they have the capacity to meet demand.