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

…production stuck at 300kg per hectare annually despite improved seedlings — CRIN By Cynthia Alo & Kafayat Kokumo The Federal Government has said that Nigeria loses about $2 billion annually in potential value from cocoa because the country’s processing capacity is largely underutilised. The Minister of Agriculture and Food Security, Abubakar Kyari, stated this in Lagos on Wednesday at a two-day Africa Cocoa and Coffee Conference  organised by the Cocoa and Coffee Farmers Alliance Association of Africa, COCEFAAA in partnership with the Federal Ministry of Agriculture and Food Security, FMAFS, and the Cocoa Research Institute of Nigeria, CRIN. Kyari, who was represented by the Deputy Direc...