FG Clarifies: No Ban on Raw Cocoa Exports, Prioritises Local Processing
The Federal Government has dismissed rumours of an impending ban on raw cocoa exports. According to the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, such reports do not reflect government policy. Under President Tinubu’s Renewed Hope Agenda, the focus is on value addition. The aim is to boost local processing, attract investment, improve farmers’ incomes and increase export earnings from every tonne of cocoa produced. Raw cocoa exports will continue alongside expansion of domestic processing capacity. Strengthening traceability and meeting international standards remain key to securing access to premium global markets.
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