FG earns $5m yearly from shea butter exports

November 15, 2020 The Guardian 0 Comments

Nigeria currently earns over $5 million yearly from shea butter exports. The country, however, is targeting about $100 million annual earnings from the commodity.

The Federal Capital Territory (FCT) Minister of State, Dr. Ramatu Aliyu, disclosed this yesterday in a message to the Third Technical Meeting of the National Committee on Export Promotion held in Abuja.

Aliyu, who was represented by the FCT Permanent Secretary, Mr. Olusade Adesola, also maintained that FCT administration has chosen Shea-butter and handicraft under the scheme because the commodity has been identified as a high economic impact export product. Read More.

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