Business Nigeria nets N2.64trn from cocoa amid smuggling, low output – Newtelegraph

Nigeria earned a paltry N2.64 trillion ($7.24 billion) from cocoa exports in the last five years due to smuggling to Ivory Coast and other neighbouring ports.

Fungi diseases, which resulted to low production, also contributed to the low exports. It was gathered that smugglers preferred …

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Read more via Newtelegraph – https://ift.tt/2TAFcCZ

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