Nigeria’s Water Melon Output Is Only 0.09% of Global Production


Monday, December 17, 2018 / 07:38 PM / FDC

The consumption of water melon in Nigeria has increased sharply owing mainly to its health and nutritive qualities. However, Nigeria’s output is only 0.09% of global production i.e. 50,000-100,000 tonnes.

The high moisture content of the commodity requires sophisticated storage facilities, which is extremely expensive and requires major financial outlay. Investment in watermelon production could potentially boost Nigeria’s export revenue and reduce its oil dependence.

The slides below address these and other issues in the domestic and global commodities market.  

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Related News

1.       Is Nigeria Better Off Selling Palm Oil Than Crude Oil In The Long Run? – Making The Case

2.      Nigeria Accounts For A Meagre 0.01% of Global Salt Production

3.      Okro Output in Nigeria Estimated At 1.98mn Tonnes

4.      Nigeria’s Melon Seed Output Remains Suboptimal In Spite of Its Market Dominance

5.      Increased Global Cocoa Demand Would Push Prices Up And Boost Nigeria’s Export Earnings

6.      How Blockchain Will Transform Agric in Nigeria-Quan Le, CEO Binkabi

7.      Nigeria Is The Second Largest Producer of Tubers In The World

8.     Sugar Prices Down 2.66% After The USDA Projected A Sharp Increase In India’s Sugar Output

9.      NSE Partners Corporate Farmers to Host Maiden Financing Agric Commodity Value Chain Seminar

10. Coffee Consumption in Nigeria Rose By More Than 20% Between 2010 and 2015
Related News