GLOBEALERT
BUSINESS● LOW2h ago · Oct 14, 2026, 3:30 AM

Nigeria loses $2bn yearly to cocoa value addition gap — FG

Vanguard Nigeria · sub saharan africa

By Cynthia Alo & Kafayat Kokumo The Federal Government (FG) has said that Nigeria loses about $2 billion annually in potential value from cocoa because the country’s processing capacity is largely underutilised. Meanwhile, the International Institute of Tropical Agriculture (IITA), has said that West Africa needs high-yielding, climate-resilient cocoa varieties to improve productivity and protect […] The post Nigeria loses $2bn yearly to cocoa value addition gap — FG appeared first on Vanguard News.

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