Business A.M
No Result
View All Result
Wednesday, February 11, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Agric

Nigeria to generate $10 billion from hives, honey – USAID

by Chris
June 30, 2017
in Agric

Nigeria can generate over 10 billion dollars from local and international trade in honey and other hive products, David Musa, Team Leader, USAID Bee Keeping Pollination Project said.

According to report from NAN, Musa disclosed this during an interview on the sideline of a Capacity Building Workshop for bee-farmers in Goshen, Nasarawa State on Thursday.

In his words, ‘‘Honey trade can generate up to 10 billion dollars if you look at cumulative values from honey and other hive products and the value of pollination.’’

The team leader who also the Public Relations Officer of the Nigeria Apiculture Platform, further disclosed that the domestic consumption rate of honey in the country was currently 380,000 tonnes, with a global price of about 4.5 billion dollars, stressing the need for Nigeria to get honey export certification from the European Union, as it would give credibility to the forthcoming largest Africa Apiculture Trade to be hosted by Nigeria in 2018.

‘‘Nigeria is going to host the largest bee keeping trade in Africa, which is the largest platform that will bring together many bee keeping enterprises, which will put the country on the global bee keeping map.

Image result for David Musa, Team Leader, USAID Bee Keeping Pollination Project

‘‘Nigeria consumes about 380,000 tonnes of honey a current global price of about 4.5 billion dollars and that is just domestic consumption of honey; we have not gone into industrial production, cosmetics, and pharmaceuticals,’’ he said.

Also speaking, Mohammed Mahmud, a bee-farmer and participant at the workshop, commended the Federal Government and the Nigerian Export Promotion Council (NEPC) for the workshop.

Mahmud, who is also the House Committee Chairman on Population and National Identity Card, assured that necessary legislation capable of driving the bee farming industry would be looked into by the National Assembly, though the Federal Government had made necessary provision in the 2017 budget to establish standard laboratory to test hive products before exportation, he said.

 

NAN reports that other bee farmers and participants at the three-day programme/workshop tagged: ‘EU Third Country Listing;’ An Eligibility Criteria to Export Honey to the EU Market, expressed regret over the constant neglect of bee farming, and therefore called for more support from the federal and state governments to make the trade attractive to many farmers.

Previous Post

Apple’s Cook reaped $145 million in 2016, most of S&P 500 CEOs

Next Post

Opposition mounts against Indian firm’s take-over of Itakpe Iron Ore Mining Company

Next Post

Opposition mounts against Indian firm’s take-over of Itakpe Iron Ore Mining Company

  • Trending
  • Comments
  • Latest
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

September 18, 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

Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026

CNN on Nigeria Aviation

February 10, 2026

Popular News

  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

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

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
  • Nigeria’s data protection dream in the cloud — Not our cloud!

    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

Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 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
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M