The Food and Agriculture Organisation (FAO) and United Nations Industrial Development Organisation (UNIDO) have been working with Lagos and other states to create coconut planting awareness and ensure its sufficiency in Nigeria. FAO Representative in Nigeria, Fred Kafeero is seeking more investments in the coconut value chain by public and private sectors. He said the development of the coconut value chain in Lagos State would ensure sustainable food security and improved livelihood.
According to him, enhanced value chain will also lead to economic growth in terms of revenue generation, improving the standard of living and economy of Lagosians through employment and wealth creation opportunities. With the global coconut market predicted to reach $31.1 billion by 2026, there have been increased efforts to enable Nigeria to explore space and make more money from exports.
Source: thenationonlineng.net
