Nigeria to earn N77 trn [/b]annual revenue form [b]sesame seeds


Acting Chief Executive Officer of Nigeria Export Promotion Council (NEPC), Aliyu Moham-med Lawal, has disclosed that Nigeria will earn N77trilion from Sesame seeds annually.

Lawal revealed this in Abuja during an interactive meeting between a delegation of Chinese Chamber of Food Stuffs, Native produce and Animal bye-product; and the National Sesame Seed Association of Nigeria. Represented by William Ezengu, Assistant General Manager Product Development at the meeting, Lawal said the revenue is expected to be realised from projection of annual production of 500,000 metric tonnes of sesame seeds

Disclosing that the 500,000 metric tone annual production target is a five years development programme for the product, Lawal said the current price of sesame seeds per tonne is $1,200.

He said the country production level of the product, which was 100,000 metric tones, has increased to 200,000 metric tones per annum and it is expected to be doubled by the year 2008.

He said because of the increase in the demand and the economic potential that lies in the product, government has put in place measure to double the production of the seed.

He said plans have been concluded to enhance the production of sesame seeds in the northern part of the country, where the production is in large quantity, as well as launching the production in various states across the country

Sheriff Balogun, President of National Sesame Seed Association of Nigeria, while welcoming the delegation said the production of the sesame seed has come along way of meeting the quality and world standard, and has greatly increased from 50,000 metric tones to 200,000 per annum.

Speaking further on the 500,000-production target Sheriff said with the government assistance the farmers would beat the target.

According to him having taken cognizance of the increase in the demand of the product Sheriff said the Association has made efforts to improve the production by the farmers through training and provision of quality seeds that will give them maximum harvest for the year.

http://www.tribune.com.ng/14122007/biznes.html

See: http://sesameseeds.proboards.com/index.cgi

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Pls what is the local name for sesameseed?