Cocoa Economics

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Harnessing Nigeria’s Agricultural Potential with Cocoa at the Forefront

Due to its long-term sustainability and viability, agriculture holds the most latent potential among all the industries generating significant export revenues in Nigeria. Its capability to drive economic growth through job creation, value diversification, and providing food and raw materials for other industries is unmatched. Among various commodities, cocoa stands…
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Sunbeth Global Concepts - Cocoa - IMage 3

The Economics of Cocoa Production and Export in Nigeria

The cocoa industry is a key contributor to the overall value of the Nigerian agricultural sector. Beyond that, cocoa’s economic impacts are evident in its contributions to Nigeria’s GDP – providing stable sources of livelihoods for farmers, distributors, and other value chain operators. Unsurprisingly, the physical transfer of several metric…
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