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flag Nigeria creates a National Cocoa Management Board to boost cocoa exports amid declining oil revenues.

flag Nigeria will establish a National Cocoa Management Board to boost its cocoa industry and increase export earnings, as oil exports struggle. flag Approved by the Federal Executive Council, the board aims to improve cocoa quality and export volumes, leveraging international partnerships to enhance trade. flag Nigeria’s cocoa exports surged over sevenfold in 2024, driven by higher global demand and currency depreciation. flag The board's success hinges on robust funding to ensure it operates without special interest compromises.

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