Business
‘Nigeria Yet To Tap Potential In Cassava’
In spite of the campaign for increased cassava production as a major foreign exchange earner, the country is yet to tap the full potential of the production and processing of the commodity.
An agricultural expert, Dr. Iheme Wagbara, a part-time lecturer with Chartered Institute of Commerce of Nigeria made the observation on Tuesday in an interview with The Tide in Port Harcourt during which he said several constraints and limitations militating against achieving positive results in cassava production and processing in the country include high production cost resulting from low productivity, poor packaging methods, poor linkage between farmers processors, marketers and end users.
Others, he noted, are inadequate marketing infrastructure and poor feeder roads linking cassava farms and processing centres and high cost and inadequate land preparation and mechanisation technology, saying that the implication is that Nigeria has the potential to increase its productive capacity with the available resources to meet all demands.
He regretted that, inspite of the strategic position, Nigeria is still not a player in the international market compared to Brazil and Europe. He stressed that cassava had been globally accepted as a crop that cuts across all known barriers of international acceptance, therefore Nigeria must explore the fully potentials of cassava as a veritable tool for wealth creation and foreign exchange earner to boost the nation’s economy.
According to him, the potentials, if properly harnessed could earn as much as N5 billion from cassava chips annually, while cassava could also become a good source of energy supply and substitute for grains as annual feeds.
Business
Association Woos Govt, Coys On Boat Operators Employments
Business
FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters
Business
NIWA Harps On Avoidance Of Leaking Boats
-
News14 hours agoNigeria Won’t Surrender Any Territory To Criminals -Tinubu
-
News14 hours agoFG Begins Trial Of Over 600 Terrorism Suspects
-
Niger Delta11 hours agoWarri Airport Manager Disputes Air Peace Bird Strike Claim
-
Rivers11 hours ago79th IAUE Inaugural Lecture: Prof Anero Advoctes Tuition-Free Education For Children
-
News14 hours agoRivers Judges Commence Annual Vacation, July 20
-
Politics10 hours agoParties’ Deregistration: How Justice Lifu Overruled Appeal Court Justices
-
Politics11 hours ago
2027: Rivers PFN To Mobilise 600,000 Votes
-
News14 hours agoRSG Reaffirms Commitment To Women’s Empowerment
