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Nigeria News
The Business, Trade and Investment Guid

Cocoa Growing

Nigeria’s biggest agricultural export is full of beans

Nigeria is the fourth-largest producer of cocoa beans in the world, behind Côte d’Ivoire, Ghana and Indonesia. After petroleum, cocoa is the country’s most important export – before independence, cocoa generated 90% of Nigeria’s foreign exchange earnings. Eclipsed these days by oil as the country’s major export, Nigeria still produces 300’000-350’000 tonnes of cocoa a year, most destined for consumption abroad – the country exports about 96% of its cocoa crop. Cocoa exports for October-March 2009/10 were up 31% on the previous year, helped by good weather conditions and improved quality in stock in the growing regions.  

Fourteen of Nigeria’s 36 states grow cocoa: Abia, Adamawa, Akwa Ibom, Cross River, Delta, Edo, Ekiti, Kogi, Kwara, Ogun, Ondo, Osun, Oyo and Taraba.

Stakeholders and Programmes for Growth
Despite cocoa’s importance in the years before independence, the sector was allowed to decline after the oil boom of the 1970s and suffered for decades from under-investment. The cocoa industry was liberalised in 1986, when the government abolished the Nigerian Cocoa Board, a government bureau that controlled the marketing of cocoa, and deregulated the industry. The decline continued, however, so to rehabilitate the industry, in 1999 the government set up the National Cocoa Development Committee (NCDC). The NCDC promotes cocoa production and trade in cooperation with the various growers’ agencies operating in the industry, like the Cocoa Association of Nigeria (CAN), the Cocoa Farmers Association of Nigeria (CFAN) and the Cocoa Growers Association of Nigeria (COGAN).

The Cocoa Research Institute of Nigeria (CRIN) is another major stakeholder in the sector: established in 1964 as a government parastatal, the Institute conducts research on cocoa, distributes seedlings to farmers and trains growers in modern agricultural practices as well as in business development skills.


NIGERIA and the Philippines Joint Commission

NIGERIA and the Philippines Thursday reignited their Joint Commission in order to cooperate on a higher level in the mutually identified areas of agriculture and food security, health, education and other relevant fields.

Curiously, both countries are only just having a second session in their joint commission which was signed in 1981, and their first meeting holding in Manila in 1986.

The Minister of State for Foreign Affairs, Prof Viola Onwuliri, who led the Nigerian delegation to the talks  in Abuja lamented that despite the increasing informal trade and very healthy bilateral relations between both countries economic and real trade relations “have been quite low”

“While it is heartening to note that there have been an increasing number of Filipino companies conducting businesses in Nigeria, which signifies a push in this direction, there is yet much to be done to improve our economic and trade relations”, she said.

Besides, agriculture, health and education, the minister who listed other areas where advanced, mutually beneficial co-operation are in dire need to include, water resources, immigration, tourism and justice, the minister said the resolve by the two countries to “break the set- backs that have impeded the reconvening of the Joint Commission since its establishment is a clear demonstration of the desire by both countries to broaden bilateral relations”

“Our collective will, desire and focus should be the institution of a solid base for agreements in the identified sectors for collaboration which ultimately will lead to the achievement of a fruitful deliberations. I am aware that many far-reaching decisions were taken at the inaugural session of the Joint Commission which are yet to be fully implemented.

We should in addition aspire to implement these decisions”, the minister added. In his remark shortly before the technical session commenced, the leader of the Philippines’ delegation and Deputy Minister of Foreign Affairs Erlinda Basilio said, Manila would like to discuss “all aspects of bilateral relations exchange views on developments within our respective countries, discuss regional and international issues of mutual interest and jointly work with Abuja towards closer cooperation in the political, cultural, consular and labour-related fields”

Africa Nations Cup

Super Eagle arrival in ABUJA

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