Nigeria Targets $2.6bn Shea Market

The Executive Director of the Nigeria Export Promotion Council (NEPC), Nonye Ayeni says Nigeria is currently positioned to be a major exporter of shea to different parts of the world as part of efforts to boost foreign exchange earnings.

According to Future Market Insights, Shea butter market outlook for 2022-2032, the global Shea butter market is currently valued at $2.6 billion, with compound annual growth rate projections estimated to grow to $5.8bn in the next five years.

Read more at Dailytrust

Leave a Reply

Your email address will not be published. Required fields are marked *