Business
Association Assures On Increased Cocoa Production
The Cocoa Association of Nigeria (CAN), says it will raise cocoa production volume from the current 250,000 tonnes to 500,000 tonnes in the second phase of the Federal Government’s Agricultural Transformation Agenda.
Mr Sayina Riman, the National President of the association, said this in an interview with newsmen in Abuja.
Riman said that the cocoa sector would be able to produce 500,000 tonnes of cocoa due to the new hybrid cocoa varieties recently released by Cocoa Research Institute of Nigeria (CRIN).
He said that the new varieties would start fruiting after two years and that it would have optimum yield after three years.
Also under the agenda, Riman said that the association would establish a credible and reliable database of the ctivities of all cocoa stakeholders across the value chain.
“Cocoa Association of Nigeria is working hard to establish a credible and reliable database of all cocoa activities of all cocoa stakeholders across the value chain.
“We are already working on capturing data from the grassroots; that is one of the major aspects we are working on right now that is going to be a transforming one for the agricultural sector.
“Why we have not put all our matters on the net is because we are coming with a model that is scientifically proven. That will definitely be what will be sustainable in the industry.
“We are going to capture from producers; producers who I call the farmers, the middle men within the trade sector, to the merchants who are the bigger traders.
“We are going to warehouses and collateral agents; we are going to exporters; we are going to researchers; we will go to importers of Nigerian cocoa and most importantly, we are going into processing.
“All of that will be captured and at the click of a button, you can always access whoever is a true stakeholder across the value chain in every cocoa economy in this country.’’
Riman also said that with the agenda, the Nigerian cocoa sector would revive its position as the largest cocoa producing country, as it was in the recent past.
He said that the country had lost its place to Cote d’ivoire in global cocoa production and now occupies the fourth position.
He said that the agenda would encourage foreign investors to invest in the cocoa sector.
Riman expressed regret that Nigerians were not making effective use of the cocoa plant and that the situation was affecting its position in the global market.