Wednesday, August 29, 2018 /09:25 AM/FDC
Nigeria is the world’s largest producer of cocoyam with an annual output of 3.2mn tonnes. The drive for economic diversification is likely to see more emphasis on the production of tubers like cocoyam.
Agricultural sector growth slumped to 1.3% in Q2 from 3% in the previous quarter. Addressing security and logistics challenges will be vital for spurring the sector, which remains well below potential despite being targeted for improvement.
The attached bulletin addresses these and other issues in the domestic and global commodities market.