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Nigeria’s cocoa more valuable than gold, crude oil ― Dr Ofuka

Nigeria’s cocoa more valuable than gold, crude oil ― Dr Ofuka

By Ike Uchechukwu – Calabar

Dr Oscar Ofuka, the Special Adviser to Cross River Governor, Ben Ayade, on Cocoa development, has asserted that Nigeria’s cocoa is more valuable than crude oil and gold even at the world market and needs more attention to give us the actual economic benefit that can lead to real growth and development.

Dr Ofuka made the assertion on Thursday after conducting newsmen round a Cross River State model cocoa farm at the premises of the State Broadcasting Corporation, CRBC in Calabar.

He said: “Nigeria needs to go back to full-scale agriculture and revamp the cocoa industry to an enviable height, to surpass even country’s like Ivory Coast

“Our cocoa is more valuable than Crude oil and gold, in fact, Cocoa is our gold and the quality of the products we have is one of the best in the world especially in Cross River, ours is organic and purely natural.

“Many of the infrastructures that this country has were built even before we gained independence and was not from oil money but from agriculture and cocoa was a major source.

“A lot of things is not going well for Nigeria, agriculture has been our mainstay before now and the advent of crude oil, Cocoa has been one of our major source of income, and we need to go back to what we did in the past.

ALSO READ: Osun state empowers 30 cocoa farmers with N5m loan

“If we go into cocoa production half of our resource income will solve over 60 per cent of Nigeria’s problem even the about 14 trillion budget for 2021, we must de-emphasise the money coming from oil and lay more emphasis on cocoa.

“Nigeria’s Cocoa has huge premium and is highly valuable in the international market and we need to do everything possible to make sure we boost our production capacity and make a meaningful impact as it concerns export,” he said.

Speaking further, he said governor Ben Ayade was visionary for envisioning the dream of boosting the production capacity of Cocoa as well as constructing a world-class cocoa production plant.

“Cross River Cocoa is organic and can grow anywhere, as you have seen this in Calabar it is not Ikom LGA or Boki neither are we in Ondo state, we have proven that the quality of our cocoa is high, and it can grow anywhere.

“We want Cross River to lead Ivory Coast on the world cocoa map by ensuring we also process what we plant,” Ofuka said.

Vanguard News Nigeria.

The post Nigeria’s cocoa more valuable than gold, crude oil ― Dr Ofuka appeared first on Vanguard News.

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