Tinubu's Six-Month Ban on Raw Shea Nut Exports to Notably Uplift Lives of Nigerians, Minister Says
Tinubu's Six-Month Ban on Raw Shea Nut Exports to Notably Uplift Lives of Nigerians, Minister Says
The president is ensuring that Nigeria does not remain a supplier of raw materials but becomes a global leader in high-value shea products, said the Minister of Information and National Orientation, Mohammed Idris.
The initiative, which is a vital component of the president’s wider economic renewal strategy, will:
🟠 create quality jobs for youth;
🟠 employ women in rural communities;
🟠 boost foreign exchange revenue;
🟠 and enhance participation in global value chains, Idris added.
The Nigerian president earlier emphasized that the country is a shea powerhouse, producing 40% of the global supply, but currently earns less than 1% of the market share.
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