Business A.M
No Result
View All Result
Thursday, October 15, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home Commodities

NEPC projects global organic product market to hit $150bn by 2026

by Admin
January 21, 2026
in Commodities

Onome Amuge

The global sales for organic products boosted by the rising value of organic food demand, global awareness on the essence of food safety concern and focus on organically produced crops,  is likely to reach $150 billion within the next five years.

This assertion was disclosed by the Nigerian Export Promotion Council (NEPC) during the inauguration of the local organising committee for the 2021 Organic Agriculture Business Summit in Abuja.

Speaking on the relevance of organic food production, Olusegun Awolowo, executive director of NEPC, said it is an opportunity to develop the country’s organic food sector with the high demand for organic products both locally and internationally.

Awolowo who was represented by Salami Akinshola, deputy director, Product Development Department, NEPC, explained that many agro products in the country such as ginger, hibiscus, moringa, tiger nut, sesame seed, turmeric, soybeans, with proper certification are easily organic.

According to him, it took over 15 years for global organic product sales to reach $150 billion in 2008 but surpassed the $100 billion mark in 2018.

He further averred that the action plan under the world food summit identifies the importance of organic input technologies, farming techniques and other sustainable methods as organic farming.

The export promotion organisation stated that improvement in the quality of organic produce and products from Nigeria to tackle the rejection of its products would be the focus of the upcoming Organic Agriculture Business Summit slated for September 2021.

The forthcoming forum, it added, is targeted at achieving increased organic production and business in the country which is directed at improving food safety in Nigeria and the integration of organic agriculture into official activities of relevant Ministries, Departments and Agencies (MDAs).

Admin
Admin
Previous Post

CRR: CBN debits banks to the tune of N120.2 billion

Next Post

Global steel prices to average $800 per tonne in H1 2021 over rising demand, Fitch reports

Next Post

Global steel prices to average $800 per tonne in H1 2021 over rising demand, Fitch reports

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025
MMA2 enters new commercial era after 20-year concession dispute

MMA2 enters new commercial era after 20-year concession dispute

August 28, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Ekiti’s Abanijorin Mountain offers new prospects for adventure tourism investment

Ekiti’s Abanijorin Mountain offers new prospects for adventure tourism investment

October 14, 2026
NCAA warns airlines against four-week wait for ticket refunds

NCAA warns airlines against four-week wait for ticket refunds

October 14, 2026
IMF rejects blanket fuel subsidies, urges targeted relief for Nigerians

IMF rejects blanket fuel subsidies, urges targeted relief for Nigerians

October 14, 2026
Public pressure mounts for rate cuts ahead of CBN policy decision

Nigeria adds $3.73bn to FX reserves in 3 days

October 14, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • MMA2 enters new commercial era after 20-year concession dispute

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Ekiti’s Abanijorin Mountain offers new prospects for adventure tourism investment

Ekiti’s Abanijorin Mountain offers new prospects for adventure tourism investment

October 14, 2026
NCAA warns airlines against four-week wait for ticket refunds

NCAA warns airlines against four-week wait for ticket refunds

October 14, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M