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INTERNATIONAL COCOA ORGANISATION
The FG has declared that it is committed to increasing Nigeria’s cocoa production from the present 340,000 tonnes to 500,000 tonnes by 2024.
The cocoa traders in Nigeria have exploited the challenges faced by their West African competitors to maximise price.
Nigeria may lose $765 million worth of cocoa output due to the impact of heavy rainfall with the probability of black pod disease which could hurt the crop this farming season @cancocoa