FG inaugurates National Cocoa Management Committee | The Guardian Nigeria News - Nigeria and World News

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The Federal Government on Tuesday inaugurated the National Cocoa Management Committee (NCMC), to tackle some of the challenges in the cocoa sector.

Speaking at the inauguration of the 11-man Committee on National Cocoa Management, in Abuja, the Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, said the committee was to develop strategies to solve these challenges.

“Also, old cocoa plantations, ageing of our cocoa farmers, processing, access to finance, environmental concerns such as deforestation, climate change and absence of a national coordinating body,” Abubakar said. “Ghana and Cote d’ Ivoire introduced the Living Income Differential as a premium on their cocoa and as tool to complement their prices of cocoa in international market.

 

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