Fed Govt Earns $5m Annually From Shea Butter Exports       Nigeria currently earns over $5 million yearly from shea butter exports. The country, however, is targeting about $100 million annual earnings from the commodity. The Federal Capital Territory (FCT) Minister of State, Dr. Ramatu Aliyu, disclosed this...

Exporting Shea Butter Can Earn Nigeria $10bn Annually   The Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr Olusegun Awolowo, has said Nigeria can earn about $10bn annually from the exportation of shea butter, if the right investments are made to grow, harness and process...

Nigeria’s Shea Butter Potential Is Worth N115bn Says NIRSAL   The Nigeria Incentive Based Risk Sharing System for Agriculture (NIRSAL) has estimated that Nigeria’s current gross shea value is worth $320 million (N115 billion). The Managing Director of NIRSAL, Aliyu Abdulhammed made this valuation yesterday the 11th...

Nigeria’s shea butter production has received the support of the European Union. A statement from the Standards Organisation of Nigeria indicated that the European Union through its expert on Technical Barriers to Trade, African Caribbean and Pacific countries’ programme, had started plans to equip Nigerian...