In its Zero Oil Plan, the Nigerian Export Promotion Commission had identified ginger as one of the 12 strategic products with high financial value, possibly replacing oil in the future.
Other products with high financial value also identified by the NEPC are palm oil, cashew, cocoa, soya beans, rubber, rice, petrochemical, leather, cotton, and Shea butter. By all standards, ginger is one of the popular agricultural commodities around the world.
The commodity is used as a herbal medicine, spices of bread in bakeries, and is used in breweries to produce drinks. Going by official statistics, Nigeria is currently the third largest exporter of ginger in the world, after China and India.
Experts say the Nigerian ginger is highly regarded in the international market for its quality and highly medicinal value. Specifically, its aroma, pungency and high oil and Aleoresin content are other distinct features of ginger products from Nigeria.