2014 was a bumper year for Nigerian cocoa

The Nigeria Export Promotion Council (NEPC) has said that the country recorded the highest export of cocoa and its products, valued at N131.2 billion, in 2014.

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,” NEPC noted.

The statistics showed that Nigeria 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.