Cocoa farmers predict low output this year, here’s why….

Cocoa Farmers yesterday predicted low output this year due to various factors that have not been addressed by the Federal Government. Visible among the problems, is the sub-standard chemicals and Cocoa inputs allegedly procured for farmers last year by the Federal Ministry of Agricilture. At a news conference in Akure, the Ondo State capital, the […]

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Cocoa output for 2017/18 foreseen to rebound

Nigeria should see a bumper cocoa harvest in the coming season as late rains have helped boost pod production, the head of the cocoa association said on Thursday. Sayina Riman, president of the Cocoa Association of Nigeria (CAN), expects output for the new season which starts in October to hit between 300,000 tonnes and 320,000 […]

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AFREXIM Bank, ICCO, NEXIM Bank others restate recommit to cocoa sector revamping

In the bid to revive the cocoa Industry in the country, the Afreximbank and the International Cocoa Organization (ICCO) have met with the Bank of Agriculture (BOA) and the Nigerian Export-Import Bank (NEXIM) to discuss possible ways of intervention and development of the Cocoa Industry in Nigeria. A team of Afreximbank, led by the Regional […]

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Ooni To Engage Youth In Plantation Of Cocoa, Oil Palm, Others

The Ooni of Ife, Oba Adeyeye Ogunwusi, has acquired 30 square miles of land in Ile Ife for cocoa, oil palm and rubber plantation. The monarch stated that the agricultural investment would create jobs for no fewer than 40,000 youths, adding that this move would further reduce crime rate in Ile Ife and the state. […]

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