FG loses $1 billion annually as Agric products fail to secure international certifications

Nigeria has failed to benefit from multibillion-dollar earnings from the agricultural industry despite having more farm produce to export than other neighbouring countries and these include ginger, palm kernel, palm oil, cocoa butter, sesame seed, honey, shrimps, garlic and others.

A stakeholder in the industry, Kingsley Nwokoma who spoke to THISDAY stated that currently, Nigeria is losing huge income which is projected to be over $1 billion per annum due to non-certification of its farm produce.

However, agricultural products from some other African countries like Ghana, Cameroon, and Mali have met the required standards to be certified fit for consumption internationally.