Nigeria sees cocoa export revenues up 45 pct in 2 years

 

Nigeria Agriculture Minister Akinwumi Adeshina say the country expects to earn $1.3 billion from cocoa exports this year, an increase of 45 percent on two years ago, after a steady rise in output that could help shift Africa's top economy away from its reliance on oil.

Adesina, said the world's fourth biggest cocoa producer was set produce 370,000 tonnes this year from its 14 major producing areas, up from the 250,000 tonnes that earned it $900 million in 2012.