News

Path to maximizing cassava value chain in Nigeria

Cassava
Nigeria
Published Aug 8, 2021

Tridge summary

Although Nigeria has attained the status of the largest producer of cassava in the world with its products accounting for 21 percent of the total production of the crop globally, thanks to recent interventions by the Central Bank of Nigeria (CBN) in the agro sector, there are indications that concerted efforts are still required to effectively position the country’s cassava in regional and international markets to ensure sustainable development of the sector.

Original content

Although Nigeria has attained the status of largest producer of cassava in the world with its production accounting for 21 per cent of total production of the crop globally, thanks to recent interventions by the Central Bank of Nigeria (CBN) in the agro sector, there are indications that concerted efforts are still required to effectively position the country’s cassava in regional and international markets to ensure sustainable development of the sector. These efforts will equally lead to increasing the contribution of cassava to economic transformation through key stakeholders’ involvement and building an agribusiness economy capable of delivering sustained prosperity for food security, exports promotion, sustainable income and job growth. CBN’s intervention in the sector effectively began in November 2019 when its Governor, Mr. Godwin Emefiele, announced some measures towards addressing the challenges bedevilling the cassava industry in spite of huge investment and government ...
Source: Guardian
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