Nigeria Produces 250,000 Tonnes Of Coconut Annually and is Ranked 18th in the World

Proshare

Wednesday, March 21, 2018 /9:50 AM /FDC 

Coconut is grown in 22 states of the country, with Lagos State being the largest producer. The country produces 250,000 tonnes annually and is No. 18 in the world. Its yield and rank make it a fringe and sub-optimal producer. The drive for economic diversification is likely to see greater emphasis on coconut production.
 

Oil prices have remained above $63pb this year, slightly below the average for March ($64.85pb). The relatively high oil price is buoying Nigeria’s export revenue.
 

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News

1.      Nigeria Aggregate Demand for Rice In Excess Of 6mn Tonnes

2.     Nigeria Produces 3.93MT of Sweet Potato; The Largest Producer in SSA

3.     Kebbi State is Set to Produce 2.5mmt of Rice in 2018

4.     Nigeria is The World’s Third Largest Producer of Gum-Arabic

5.     Cocoa is Nigeria’s Fourth Largest Source of Foreign Exchange

6.     Nigeria’s Wheat Import is Estimated at $2bn

7.     5 Record Breaking Gemstones Even Billionaires Can''t Buy

8.     Cocoa Prices Above $2000 per mt; Good for Exporters

9.     Nigeria Currently Produces 990,000tons of Palm Oil

10.  Nigeria is the Largest Importer of Sugar in Sub-Saharan Africa, With an Import Level of 1.56mmt

11.   Nigeria is the Largest Producer of Peanuts in Sub-Saharan Africa, and 3rd in the World

12.  First Week of February 2018 Saw a Meltdown in Commodity Market

READ MORE:
Related News
SCROLL TO TOP