• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 9, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria Insists On Shea Export Ban To Drive Local Processing

Adegwu John by Adegwu John
4 months ago
in Business
shea Nuts new
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria has reaffirmed its decision to restrict the export of raw shea nuts, insisting the policy is aimed at boosting local processing, increasing export earnings and strengthening Africa’s position in the global shea value chain.

The federal government restated this position through the minister of State for Industry, Trade and Investment, John Owan Enoh, at the just-concluded 18th Annual Conference of the Global Shea Alliance in Accra, Ghana.

He told the stakeholders gathered at the conference that the federal government would not reverse the policy.

According to him, Nigeria’s focus is now on moving away from the export of raw commodities toward domestic processing and industrial development.

“Nigeria produces a significant share of the world’s shea nuts, but for too long, we have earned far less than the true value of what we produce. That is changing,” he said.

The government had, in August 2025, imposed a six-month restriction on the export of raw shea nuts, which it later extended for another year in February 2026, as part of efforts to encourage local value addition.

In a statement issued to journalists in Abuja yesterday, Enoh said the policy was already yielding results through increased local processing, improved returns for farmers and rising investor interest in the sector.

He noted that women, who make up the majority of workers in the shea value chain, would benefit more from improved local processing and stronger market structures.

The conference was attended by Ghana’s Vice President, Jane Naana Opoku-Agyemang, alongside government officials, investors and private sector operators from across Africa.

While defending the restriction, Enoh said Nigeria was working with other African countries to strengthen regional cooperation in agro-processing, trade and industrial development.

RELATED NEWS

Nigerian Stocks Sustain Decline, Loss N1.67trn

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC

“The continued expansion of the global shea market presents Africa with a unique opportunity to capture greater value,” he said, adding that Nigeria intends to become a major hub for shea processing and innovation.

The Nigerian delegation included the minister of Agriculture and Food Security, Abubakar Kyari, as well as representatives of financial institutions and investment agencies.

During the visit, the delegation held bilateral discussions with Ghanaian President John Dramani Mahama on regional trade partnerships, agro-industrial development and backward integration within the African shea industry.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Adegwu John

Adegwu John

Adegwu John is a journalist with Leadership Media Group with over five years of experience, specialising in agriculture and labour reporting. He is recognised as a leading voice in Nigeria's agricultural journalism, known for in-depth coverage of labour relations and reporting defined by strong ethical standards and insightful analysis.

OTHER NEWS UPDATES

Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Nigerian Stocks Sustain Decline, Loss N1.67trn

2 hours ago
TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre
Business

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

3 hours ago
Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC
Business

Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC

5 hours ago
Next Post
Borno Police Tighten Security, Restrict Tricycles During Eid

Nigeria Police Extradites Wanted Cyber Fraud Suspect To United States

Advertisement

LATEST UPDATE

BREAKING: Sanwo-Olu Approves Badejo Olawunmi As LASU Vice Chancellor  

46 minutes ago

Dangote Refinery IPO: Stanbic IBTC Commits To Market Access

2 hours ago

Gabriel Jesus Marks Barcelona Champions League Debut With Goal In Feyenoord Rout

2 hours ago

Nigerian Stocks Sustain Decline, Loss N1.67trn

2 hours ago

FIFA U-20 Women’s World Cup: Nigerian Ambassador Lifts Falconets, Urges Focus On China Match

3 hours ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.