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Tag: Shea Nut

Opinion

CPPE warns of potential lawsuits over shea nut export ban

The Centre for the Promotion of Private Enterprise has warned that Nigeria’s ban on raw shea nut exports is exposing local traders to potential lawsuits and damaging their business reputations. The CPPE said the government’s sudden policy change in August has disrupted global markets and hurt farmers’ incomes across the country. President Bola Tinubu announced […]

Governor AbdulRahman AbdulRazaq
Business

Kwara welcomes shea ban, to launch Nigeria’s second largest factory

Kwara State Governor AbdulRahman AbdulRazaq has welcomed the ban on exportation of raw Shea butter by President Bola Tinubu, saying the step will encourage more production and strengthen the local value chain of the prized cash crop. The President’s directive comes as Kwara State prepares to launch its 50-tonne Shea processing factory in Kaiama, the […]

Policy and Regulations

Group seeks clear transition plan on Shea nut export ban

The Alliance for Economic Research and Ethics has urged the Federal Government to provide clear transition plans and sector-wide consultations before enforcing its ban on raw shea nut exports. The Chairman of the trade group, Dele Oye, warned in a statement that immediate policy reversal without adequate transition measures would undermine ongoing commitments, investment plans, […]

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