Commodities | |
Commodities | |
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Wednesday,
January 23, 2019 10:48 AM / FDC
Nigeria is the largest producer of carrots in SSA and 32nd largest
producer in the world, producing approximately 225,000 tonnes annually. This is
37.5% of its potential capacity (600,000 tonnes).
The revenue implications of an optimal production for the industry could
be as high as $720mn.
It suggests another robust revenue source for the Nigerian economy
especially at a time when the government is looking to optimize revenue and
improve fiscal consolidation.
The slides below address these and other issues in the domestic and
global commodities market.
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