NIGERIA DOWN TO 7TH POSITION IN GLOBAL COCOA PRODUCING COUNTRIES

President Muhammadu Buhari has expressed regrets over the neglect of the cocoa sector over the years, saying his administration will work to reposition it and other non-oil export commodities.
Buhari said this at the First International Cocoa Summit organised by the Federal Ministry of Trade and Investment in collaboration with Cocoa Association of Nigeria (CAN) in Abuja on Monday.
The President, represented by Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, said that the country’s annual production of cocoa declined from 420,000 tonnes in the 60s to 192,000 tonnes in 2015. He noted that the position of the country had dropped from being the fourth global cocoa producing country to the seventh.
Buhari said that the theme of the conference titled `Cocoa, a strategic Commodity for National Economic Development’, was apt as it was in line with his administration’s agenda to diversify the economy of the country.
He appealed to stakeholders to join hands with the Federal Government to improve the production, packaging and marketing of non-oil export commodities.
“This sector has suffered neglect as a result of over reliance on crude oil...the Federal Government is committed to restoring the agricultural and industrial sector to its prime position and I call on all stakeholders to key into the government policy of promotion of non-oil export as an alternative source of revenue.
In a message, Sen. Bukola Saraki, the President of the Senate, called on state governors to make land available to youth farmers to cultivate cocoa.
Saraki, represented by Sen. Yusuf Abdullahi Yusuf (Taraba Central), assured cocoa farmers that the National Assembly would consider legislation aimed at promoting cocoa production in the country.
In his words, Ogbeh said that Federal Government was planning a relaunch of cocoa production in the South-West part of the country.
The minister, who said that Ondo and Cross River States produced 60 per cent of cocoa in the country, appealed to other states to join in the production to promote non-oil export.
According to Tribune Online, the President, Cocoa Association of Nigeria (CAN), Mr Sayina Riman, said that a five year strategic plan would be formulated at the end of the conference to move the sector forward.