Nigeria accounts for 57% of global Shea Industry Production

Business News

 “NIGERIA, which is the largest producer of Shea accounting for 57 percent of Global Shea nuts production, derives the highest proportion of her nuts from Niger State.”

This was disclosed by Niger State Governor, Alhaji Abubakar Sanni Bello, during the just ended 11th Annual International Shea Conference held in Abuja.

Governor Bello said his government is collaborating with development partners to empower its people in line with Federal Government’s policy to encourage business linkages between Nigeria Shea industry stakeholders and international buyers of the products.

According to him, collaboration with partners like USAID has resulted in enhancement, training and the establishment of some cottage industries for Shear and other high value products.

Governor Sanni Bello added that Niger State Government is in the vanguard of establishing Shea butter villages with four already functional, and an additional one established by the Nigerian Investment Promotion Council (NIPC).

The Governor added that talks were on with NIPC for an initiative to be tagged “Niger –Kebbi- Kwara (NKK)” to fast-track the development of Shea butter value chain.”

Earlier, the Minister of State for Industry, Trade and Investment, Hajia Aisha Abubakar called on stakeholders in the Shea Industry to ensure greater diversification of Shea products so that producing countries can draw maximally from its benefits such as increased job creation and foreign exchange earnings which will translate to enhanced well-being of the citizenry.

Hajia Aisha pointed out that the Shea industry has served as a means of livelihood to about 400 million of people especially women and youths across Shea producing and processing countries. She added that Shea export volume from producing countries especially, Africa has grown from over 350,000MT per annum which amount to about 600 percent increase compared to what it was 20 years ago. This, according to her has resulted in the annual income of over US200M for the Shear producing countries.

 

  • Culled from fmiti.gov.ng, and rewritten by Nigeria Industrial Digest

Leave a Reply