How Nigeria Can Generate Billions Of Naira From Coconut Subsector —NACOPPMAN - NIGERIA
By Nurudeen Alimi
THE National Coconut Producers, Processors and Marketers Association of Nigeria (NACOPPMAN), has said that Nigeria has the potential of generating over N10 Billion annually from farmers and agro-business entrepreneurs through the coconut subsector.
President of the Association, Mrs. Nma Okoroji stress the need to promote coconut production, processing and marketing, adding that coconut is one of the viable and valuable cash crops in the agricultural sector.
She noted that coconut production has the potential of boosting Nigeria’s economy through the establishment of coconut plantation and value addition for agro-prenuership.
She explained that the production of coconut would generate employment and income for farmers, it would also improve the foreign exchange earnings of the country through export potential, relevance to nutritional food security, robust value chain development and contribution to national growth.
Buhari presents N10.729.4trn to N’Assembly
Mrs. Okoroji said, “Coconut is grown in 32 states in Nigeria and it is the most viable plant of choice in the Much-Needed Environmental Remediation and forestation. Every viable state has the potential for the production of 10 Million coconut trees with an annual production of over 1 Billion husked nuts, worth over 45 Billion Naira.