By Bassey Inyang
The Director General/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr. Segun Awolowo, has stated that Nigeria is capable of generating at least $10 billion annually from local and international trade in honey and other hive products.
According to the USAID bee keeping pollination project, Nigeria can generate over 10 billion dollars from local and international trade in honey and other hive products as domestic consumption currently stands at 380,000 metric tonnes.
On the other hand, global monetary value of trade in honey alone stands at about $4.5 million. Apart from the present high and still growing demand, bee products are highly priced globally, especially in non-producer countries. Nigeria farmers generally suffer a lot from deficiencies in production, storage, handling and packaging which makes their output unfit for the export market. This is why there is need to enhance their capacity to produce high quality crops that would attract premium prices in the international market with a view to boosting their export in line with the focus of zero -oil plan…Read more>>
