Business A.M
No Result
View All Result
Tuesday, March 3, 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 Frontpage

IITA floats five-year plan to raise Nigeria’s cocoa productivity

by Admin
October 16, 2018
in Frontpage

The International Institute of Tropical Agriculture (IITA), Ibadan on Tuesday launched a five-year “Cocoasoil Project’’ to improve cocoa production in Nigeria.

Richard Asare, the project coordinator, said the major objective of the project  is to develop Integrated Soil Fertility Management (ISFM) recommendations that will be integrated into extension messages for cocoa intensification and avoid deforestation.

“This will be done through an integrated ISFM approach that uses a stepwise cocoa intensification process that combines improved planting materials, canopy cover management, and pest and disease control with targeted fertilizer application to enhance sustainability,” Asare explained.

The project is themed, “Sustainable Intensification of Cocoa Production through the Development and Dissemination of Integrated Soil Fertility Management”, and it is a public-private partnership led by IITA, Wageningen University and Research (WUR), Cocoa Research Institutes of Cameroon, Cote d’Ivoire, Ghana, Nigeria and International Center for Tropical Agriculture, among others.

Asare noted that the programme currently has eight confirmed trials in Ghana, Cote d’Ivoire, Cameroon and Nigeria, undertaken by CRIN, Cocoa Research Institute of Ghana (CRIG), private chocolate manufacturing companies and others.

Discussions are also underway to conduct similar trials in Ecuador, Brazil and Indonesia with interested partners and stakeholders.

Speaking at the launch, Audu Ogbeh, minister of Agriculture and Rural Development, expressed hopes that the project would serve as investment guide for investors interested in cocoa value chain and improve rural household income.

Ogbeh, who was represented by Lekan Quadri, director of Tree Crop in the ministry, blamed the low profitability in cocoa on low productivity occasioned by poor soil fertility management and other issues.

“Therefore, this project has come at an auspicious time to save our numerous cocoa farmers from colossal losses, whose livelihood depend on this singular commodity,” he said.

Before the discovery of crude oil in commercial volumes in the 1970s, Nigeria was the world’s second largest producer of cocoa but lost ground on declining production from 420,000 tonnes in the ‘60s to 170,000 tonnes in 1999.

Production climbed to 389,272 tonnes between 2000 and 2010, but fell back to 192,000 tonnes in 2015 and 2016. Nigeria now ranks the sixth largest producer.

Mostly carried out by smallscale farmers limited in skills and access to finance and technology, cocoa farming in states including Ondo, Ogun, Osun, Oyo and Ekiti,  account for about 60 percent of the cocoa production, making up about 30 percent of Nigeria’s total cocoa.

Admin
Admin
Previous Post

Nigeria’s CPC canvasses insurance deepening through partnership with religious, community leaders

Next Post

Investors rally Nigerian bellwethers, drive NSE ASI 0.95% northward

Next Post

Investors rally Nigerian bellwethers, drive NSE ASI 0.95% northward

  • Trending
  • Comments
  • Latest
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

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

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

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

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

March 3, 2026
MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026
N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

March 3, 2026

Popular 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

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

    0 shares
    Share 0 Tweet 0
  • 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
  • Google, global partners roll out new standard for AI-powered payments

    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

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

March 3, 2026
MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 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