Tridge summary
Nigeria, the third largest onion producer in Africa and seventh largest worldwide, is struggling with price instability and availability of onions due to a lack of storage facilities. The absence of improved storage facilities is leading to significant post-harvest losses and price fluctuations. Despite these challenges, there is potential for profit in onion farming and exportation, particularly to the European Union and the United States. The National Onion Producers, Processors and Marketers Association of Nigeria (NOPPMAN) and other stakeholders are advocating for modern storage solutions and value addition to enhance the industry's profitability and reduce losses. A new onion and garlic flakes processing plant in Sokoto, funded by Onion and Garlic Processing Partnership Limited (O&G company), is set to mitigate the post-harvest loss issue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Every year, onions, one of the cooking condiments for many households in Nigeria, have been facing price instability and availability, especially during off-season production circle. Experts have attributed this to the absence of storage facilities. The demand for onions continues to increase due to its importance as vegetable and spice. Apart from being used as seasoning in food preparation, onions, according to health experts, have significant health benefits, including reducing the risk of cancer, managing blood sugar levels and boosting immunity. Statistics have shown that Nigeria is the third largest producer of onions in Africa, after Egypt and Tanzania. Similarly, according to the Food and Agriculture Organisation (FAO), Nigeria is the seventh largest producer in the world, accounting for about 10 per cent of global production. As such, onion farming is a profitable agribusiness in Nigeria, contributing significantly to the Gross Domestic Product (GDP) of the country. The ...
Source: Daily Trust (ng)
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