Search Results for: Nigeria

INCONSISTENT RAINFALL COMPLICATE CÔTE D’IVOIRE & NIGERIA COCOA PRODUCTION

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Côte d’Ivoire not yet concerned about dry spell Côte d’Ivoire, the current world leader in Cocoa production, has recently reported particularly dry weather conditions but is not yet too concerned about the impact on its production. According to Reuters, Cocoa farmers in the West African country have said that despite the dry weather last week, […]

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NIGERIA’S PROPOSED NEW COCOA LAW WILL HURT FARMERS

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A dispute has broken out in Nigeria over proposed new cocoa regulations that would see the government control all cocoa purchasing in the country. Governor Ayade has proposed the new law by Executive order to the dismay of many farmers, who prefer to see an open market and cite the unhappiness of farmers in Ghana

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Hydric stress monitoring in the Edo state, southwestern Nigeria

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On average, Edo State (southwestern Nigeria) accumulates enough rain surplus over the season to protect cocoa trees from hydric stress until early January. This season seemed to follow the same rule until the first dekad of October. Even though the cumulative rainfall in this region was, throughout 2022, below average, the soil reservoirs were full

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NIGERIA’S FUEL SHORTAGE AND COSTS ARE HURTING COCOA TRANSPORT

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Nigeria is experiencing huge queues at petrol stations and a scarcity of fuel as market, vandalism and logistic problems plague the industry. There are a series of logistics issues as regards the supply chain. But the government and stakeholders are engaging in order to get a solution to these issues. However, we believe that this

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NIGERIA AND CAMEROON WANT TO JOIN CÔTE D’IVOIRE-GHANA COCOA INITIATIVE

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The head of the Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI), Alex Assanvo, said that Nigeria and Cameroon have made requests to join the Côte D’Ivoire-Ghana Cocoa Initiative, a joint body that represents the two countries’ interests in Cocoa trade. The initiative was launched in 2018 after the world’s two largest Cocoa producers, Côte d’Ivoire and Ghana,

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IS NIGERIA’S COCOA SECTOR RENNAISANCE GOING TO CAUSE THE INTENDED WINNERS TO LOSE MORE THAN THEY WIN? 

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My Analysis on Cocoa Diaries Interview with CFAN President. My Thoughts First, I think I can fairly say that since Mr Adeola is the Nigerian Cocoa Farmers Association of Nigeria’s president and one of the leading figures championing the Nigerian Cocoa sector Renaissance, his thoughts and opinions reflect close to the consensus of the team

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$22M US AID TO BENEFIT SOUTHERN NIGERIAN COCOA FARMERS

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The United States Department of Agriculture (USDA) has announced the Food for Progress project, which will provide $22 million in agricultural assistance to Cocoa farmers in six states in southern Nigeria. So far, about 68,000 Cocoa farmers from Osun, Ekiti, Abia, Cross River, Akwa Ibom and Ondo States are expected to benefit from the project.

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DOES GHANA COCOA BOARD THINK NIGERIA IS IN FOR COOPERATION OR COMPETITION WITH THEIR COCOA SECTOR RENAISSANCE?

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Further in the conversation, I asked about their overarching goals with this revival. I wanted to understand where their focus was. Whether they were going to repeat Ghana’s mistakes of prioritising the political benefits and any benefit to the farmer to be an unintended consequence, he highlighted Increasing youth employment, the attraction of Foreign Direct

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