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Nairaland Forum / Nairaland / General / Business / Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner (9208 Views)
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Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by taharqa: 6:41am On Sep 16, 2013 |
Cocoa production in Nigeria, the world’s fourth-largest grower, will increase 28 percent for the main harvest that starts next month, the country’s industry association said. http://businessdayonline.com/2013/09/nigerias-main-cocoa-crop-seen-by-industry-group-climbing-28/ |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Freeanijoo(m): 6:48am On Sep 16, 2013 |
I think i like the pace Nigeria is taking to reclaim her lost glory. 6 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by MafiaMan: 6:53am On Sep 16, 2013 |
This is what we are GOING to use to dwarf your useless crude oil revenue from 2015 when this shithole called Nigeria ceased to exist (even through we have sizable crude oil reservoir too). Then we shall know who are the parasites. The world may decide to stop demanding for crude oil after discovering the shale oil and more discoveries of crude oil reservoirs but can they replace chocolates? FůckShit I rep ODUA Republic for life 11 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by MafiaMan: 6:55am On Sep 16, 2013 |
Freeanijoo: I think i like the pace Fixed 5 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by taharqa: 7:09am On Sep 16, 2013 |
http://leadership.ng/nga/articles/49717/2013/03/11/nigeria_makes_900m_export_cocoa_products.html |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Rad1cal: 7:14am On Sep 16, 2013 |
Nigeria is helping farmers to grow more beans and last year distributed seeds that are resistant to diseases such as Black pod to boost crop prospects by 2015. Demand will probably outpace supply for a second year in the 12 months starting next month as production falls in West Africa, the main growing region, and consumption increases. Relying on statistics, the minister pointed out that Nigeria’s cocoa export and cocoa products have equally grown over the years by an average of 40 per cent per annum and a cumulative of 280 per cent from $215million in 2006 to $822.8million last year. Fresh air every where you go. @Transformational Agenda 11 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by ichidodo: 7:18am On Sep 16, 2013 |
What's that breeze blowing?........Fresh Air. 5 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by iterator25: 7:21am On Sep 16, 2013 |
Hot air.. just 1billie ... while house of reps consume trillie.. abeg, sell better thing |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Nobody: 7:25am On Sep 16, 2013 |
Awesome. But won't it be better if 50% of the produce are processed here, add value before exporting? It seems GEJ's led govt's gat the right concept of development afterall. 3 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Tolexander: 7:30am On Sep 16, 2013 |
Taharqa! Is it APC at work or PDP? 1 Like |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Ayekotoo(m): 7:36am On Sep 16, 2013 |
federal government doesn't have any business being in Agricultural business. it should be the sole responsibility of the state government. period! 1 Like |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Nobody: 7:41am On Sep 16, 2013 |
.....and yet a 450grammes of Ovaltine, Milo and Bournvita goes for N650 to N700? What an achievement!! 1 Like |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Rad1cal: 7:44am On Sep 16, 2013 |
Ayekotoo: federal government doesn't have any business being in Agricultural business. it should be the sole responsibility of the state government. period! Frustrated and sad child representing the Anger and Pain Criminals identified. 7 Likes 1 Share |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by yiboboy: 7:46am On Sep 16, 2013 |
We're all pleased we're getting other source of revenue and reclaiming our lost glory, this is music to my ears and a very glorious sight to behold. However without proper accountability, this lost glory will remain lost forever. . .wetin dem use the $900 millie do na? |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by taharqa: 7:47am On Sep 16, 2013 |
Tolexander: Taharqa! [size=18]GEJ[/size] ....and okay, to some extent: the State Govts of the 14 Cocoa Producing States. And the Farmers, Processors of course 5 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Rad1cal: 7:48am On Sep 16, 2013 |
The fresh air too scent. 1 Like |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by demelza: 7:57am On Sep 16, 2013 |
berem: .....and yet a 450grammes of Ovaltine, Milo and Bournvita goes for N650 to N700? What an achievement!!Well you cant blame the farmers for that, they have done their job by growing the crop. If only the north can remove their eyes from oil for one minute and concentrate on groundnut production. 5 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Tolexander: 8:02am On Sep 16, 2013 |
taharqa:why hasn't the same GEJ replicate the same thing on the groundnut cultivation in the north? |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Rad1cal: 8:06am On Sep 16, 2013 |
Tolexander: why hasn't the same GEJ replicate the same thing on the groundnut cultivation in the north? You mean Boko Haram plagued North ? . You should know better na. 2 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Ayekotoo(m): 8:09am On Sep 16, 2013 |
Rad1cal: its not everyone u rain abuses and insults on. |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Nobody: 8:12am On Sep 16, 2013 |
demelza: Well you cant blame the farmers for that, they have done their job by growing the crop.Am not talking of groundnut here. My main concern is cocoa. Why should Nigeria export cocoa when we don't have enough to go round? |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Rad1cal: 8:17am On Sep 16, 2013 |
Ayekotoo: Am so scared right now . |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Nobody: 8:37am On Sep 16, 2013 |
If Groundnut could be given as much attention in the North, then am sure no One region ll be able to boast again of feeding the whole nation. |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by vizboy(m): 8:40am On Sep 16, 2013 |
everywhere FRESH AIR just dey blow me. make una come hold me before I comot for ground oh. 5 Likes |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by dgitrader(m): 8:44am On Sep 16, 2013 |
After decades in the dark(as result of born-to-ruin dictators and desastrious rulers), fresh air is now reviving cocoa production. Freshair everywhere. Whether haters choke or not....... the same fresh air shall take over palm,, railways,,power, security, census, cement/housing, petroluem, auto/textile//solid mineral sectors etc etc etc. This is just d begining, ALL THE PESSIMIST should go and take solace, and be ready for more shocking news like this. The desastrious decades of ibb, buhari, abacha, abdusalami and co. Shall be wiped away btw 2011 to 2019. 11 Likes
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Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Nobody: 8:45am On Sep 16, 2013 |
ok,we are getting there. 1 Like |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by demelza: 8:50am On Sep 16, 2013 |
berem: Am not talking of groundnut here. My main concern is cocoa. Why should Nigeria export cocoa when we don't have enough to go round?The other groundnut post wasnt in response to yours, I placed it in a anoda paragraph. Why shouldnt they export to where they can get maximum profit? Besides where are the industries to convert this cocoa into finished products |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by Nobody: 8:58am On Sep 16, 2013 |
demelza: The other groundnut post wasnt in response to yours, I placed it in a anoda paragraph.Does it mean cocoa is not processed in Nigeria? How does Cadbury, Nestle and co. get the processed cocoa? Is it imported from another country? |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by solid3(m): 9:02am On Sep 16, 2013 |
Hope Nigeria is gaining from the export. |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by BarryX(m): 9:18am On Sep 16, 2013 |
Certainly, not the first time we are hearing statistics such as these with no commensurate impact on the people. I'm still of the school of thought that until we feed ourselves, this over-blown export foreign exchange BS will only be a mirage that shows on Finance ministry cook-up stats. Infact the last time I checked -- Nigeria is the largest producer of Cassava bread **coughs** sorry cassava. But still , the flakes subsidiary is on the high side |
Re: Nigeria's Cocoa Production Rises By 28%, Now Largest Non-oil Export Earner by demelza: 9:27am On Sep 16, 2013 |
berem: Does it mean cocoa is not processed in Nigeria? How does Cadbury, Nestle and co. get the processed cocoa? Is it imported from another country?The amount of cocoa processed in Nigeria is negligible compared to its production. For example, out of 200,000 tonnes of cocoa produced, only 60000 tonnes will be processed here while the remaining 140,000 will be exported. Reasons for this are poor power supply, high interest rates, duty tax imposed on processed cocoa by the EU-Economic Patnership Agreement amongst others. Besides our domestic consumption is very insignificant and consists almost exclusively of cocoa powder used in beverages. Companies like Cadbury have their own cocoa processing firm i.e Stanmark Cocoa processing but they still import to meet their quota. 3 Likes |
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