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Nigeria Enters Cassava Trade Accord
LAGOS - Jan 19/05 - SNS -- Nigeria has negotiated agreements with China, South Africa and Botswana which will result in increased exports of cassava.
The country produces an estimated 120,000 metric tons (MT) of cassava annually and is aiming to lift exports to levels which will generate roughly U.S. $38 million a year in foreign exchange earnings. The government expects sales to China to reach 5,000 MT a year.
Newspaper reports quote G. M. Sasore, chief executive officer of Nigerian Export Promotion Council as saying, "Though the local demand is competing with export, international trade on the product offers a great opportunity to diversify the nation's income and create employment to Nigerians."
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