Cocoa production

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How Cocoa Export Impact Grassroot Farmers in Nigeria

Cocoa is Nigeria’s largest agricultural export and a cornerstone of rural economic activity. In Nigeria alone, more than three hundred thousand farmers rely on cocoa as a primary source of income. However, since a significant portion of Nigeria’s cocoa is exported as raw beans, much of the revenue earned by…
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Unraveling the Cocoa Season – the Good, the Bad, and the Ugly

Oil exports have dominated Nigerian foreign exchange earnings for years, but cocoa remains one of the country’s largest non-oil exports, accounting for 5.6% of Nigeria’s total non-oil exports in 2023.  As we get into the 2024/2025 cocoa season, the potential for cocoa revenue growth is high, with anticipation of a…
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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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The Proposed NAFDAC Regulation Bill on Cocoa Export – What You Need to Know

In a recent move to tighten regulations around agricultural and food commodities export from Nigeria, the National Agency for Food and Drug Administration and Control (NAFDAC) has tendered a proposed regulation bill to the federal government suggesting significant changes to several export-related activities. Although aimed at further solidifying efforts to…
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Make More! – Increasing Profitability in Cocoa Production Part 2

This is the sequel of the two-part article series. The first part talks about the profitability limiters in the cocoa industry – discussing some of the factors that contribute to meager profitability for cocoa producers. Click Here to read it. How to Increase Profitability in Cocoa Production Increasing productivity in…
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