Nigerian Cocoa Merchants Fret Over Law On Deforestation

Newtelegraphng | 31-07-2024 01:43pm |

As Nestle, Ferrero and other chocolate producers are backing European Union (EU)’s anti-deforestation law, Nigeria cocoa merchants have said that over $770 million (N1.16 trillion) cocoa industry would be at risk of rejection in the global market. With the country’s aim to increase its cocoa production from 340,000 metric tonnes recorded in 2022 to 500,000...The post Nigerian Cocoa Merchants Fret Over Law On Deforestation first appeared on New Telegraph.The post Nigerian Cocoa Merchants Fret Over Law On Deforestation appeared first on New Telegraph.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.