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flag Nigeria's VP pledges to revitalize the cocoa industry by focusing on processing and sustainability.

flag Nigeria's VP, Kashim Shettima, pledged the government’s commitment to reviving Nigeria's cocoa industry, aiming to shift from raw cocoa production to processing. flag This includes establishing a National Cocoa Management Board to promote sustainable cocoa farming and forest preservation. flag The move could increase revenue, as processed cocoa can fetch up to $30,000 per tonne compared to $9,000 for raw cocoa. flag Nigeria plans to collaborate with the World Cocoa Foundation to meet EU sustainability standards and attract investment.

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