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Labrish
Nyuuz
Nigeria’s sunflower boom could rake in billions
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[QUOTE="Munyaradzi Mafaro, post: 72882, member: 636"] Nigeria could capture $3.5 billion annually from sunflower production if adequate investment reaches the agricultural sector, according to trade specialists who note the country currently generates merely $200,000 from exports despite favorable growing conditions across most regions. South Africa leads African output at 700,000 tons while Nigerian farmers harvest below 300,000 tons, creating opportunity as global markets seek alternatives to Ukraine and Russia, which together supply half of worldwide demand. Institute of Export Operations & Management executive Ofon Udofia stated that European pharmaceutical and food industries maintain a strong appetite for the seeds, though Nigeria must expand cultivation and streamline certification procedures to compete internationally. National Sunflower Growers Association president Jibrin Bukar emphasized that processing facilities require substantial capital backing, while farmers need input subsidies to scale production beyond current levels that fail to satisfy domestic consumption. [/QUOTE]
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Labrish
Nyuuz
Nigeria’s sunflower boom could rake in billions
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