Business Cocoa is Nigeria's Highest Non-Oil Export for 2014

L

LequteMan

Guest
The Nigeria Export Promotion Council (NEPC) said the country recorded the highest exportation of Cocoa and its products valued at N131.2 billion in 2014.

This is contained in statistics made available to the News Agency of Nigeria (NAN) by the council on Wednesday in Abuja.

The exportation of the products is part of the Federal Government’s plans to develop and enhance market opportunities for non-oil export sector through the National Strategy Export Products (NSEP).

``Cocoa and Cocoa preparations were the highest exported products in 2014 with the trade volume on Cocoa amounting to N131.2 billion,’’ it noted.

The statistics showed that the country recorded N43.191 billion exportation of the products in the first quarter of the year while more than N18. 558 billion was recorded in the second quarter.

It noted that more than N24. 845 billion was recorded in the third quarter while N44. 695 billion was recorded in the fourth quarter.

It said cotton, yarns and woven also yielded N2.201 billion, N834.919 million and N1.275 billion in the first and second quarters of 2014 respectively.

The statistics showed a grand total of N460.3 billion on all the products for the 2014 business trade.

#Nigeria #Cocoa

cocoa.jpg
 
Back
Top