Nigerian cocoa farmers face massive debt as prices crash 70%

Nairametrics | 23-03-2026 04:44am |

Cocoa farmers in Ondo, Osun, and Ekiti have expressed deep concern over a dramatic fall in cocoa bean prices, which they say has left many in financial distress and unable to sustain their livelihoods. The development was reported by the News Agency of Nigeria (NAN), based on interviews with farmers across the three states. According

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