Nigeria could raise its foreign exchange earnings by $1 billion (N360billion) annually from Coconut export provided with focused and dedicated farming practice by local farmers, an agriculture expert has said.
In an exclusive interview with LEADERSHIP, an agriculture consultant and head of business development and strategy, Amicable Mondiale Farms, Amaka Chukwudum said huge opportunities abound in harnessing potentials in Coconut farming.
According to Chukwudum, an acre of coconut will take about 100 dwarf coconuts, and its fruit maturity is between 18-36 months if a farmer gets a good specie and each fruit yields about 200 nuts.
She calculates that even if the farmer sells each nut at 100 naira, the one acre should be able to yield nothing less than N 2 million and in that gra
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