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Business News of Tuesday, 3 August 2021

Source: tribuneonlineng.com

Cocoa Production: Ondo will soon attain leading position — Akeredolu

Cocoa farming Cocoa farming

Governor Rotimi Akeredolu of Ondo State has reiterated the commitment of his administration to boost cocoa production saying the state will soon attain its position as the hub of cocoa production in the country.

Akeredolu who stated that massive production of cocoa is very important to his administration, disclosed that over 10,000 hectares of land had been cleared at Jugbere in Owo Local Government Area solely for the cultivation of cocoa.

He explained that the cocoa revolution was supposed to have kicked off in the state, adding that President Muhammadu Buhari was billed to visit Jugbere before the dissolution of the last Federal Executive Council.

The governor who stated this while playing host to the Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, at the Government House, Alagbaka, Akure, said:”Cocoa production is very Important to us to the extent that we have a cocoa village which is in Jugbere.

“Initially we wanted to do 2000 hectare and the CBN came and said we should not do less than 10,000. It is large. We have cleared the whole place. We have started planting.

“Initially before you came on board, we were talking about cocoa revolution. The President was supposed to come and start the revolution here in Ondo state. The President wanted to come and see the cocoa value chain in the state.

He expressed delight over the location of the Cocoa Farmers National Secretariat Headquarters in the state, saying the state prides itself in the production of quality cocoa.

He added that his administration has been able to revive the chocolate factory in Idanre which now produces quality and rich chocolate.

“When we came in, the factory was dead and abandoned.We resolved to revive it. It took us some time. About three months ago, they got their NAFDAC certificate. We pride ourselves in the production of quality cocoa and now chocolate,” he stressed.

The Governor also disclosed that his administration has distributed over 500,000 improved cocoa seedlings, saying no fewer than 250,000 cocoa trees would be standing fruitfully in the state presently.

He said: “Cocoa is not only our area of interest. We are interested in palm. We have termed it red gold. We have given land to the investors. The red gold has caught the interest of ADFB.

“We also have the Okitipupa oil palm. It is one of the largest in the country. But before we came in, it was abandoned. There were litigations. But we have settled. We will invite investors. Government might not be best suited to handle that kind of venture.

Earlier, the minister who was said in the state for the inauguration of the National Secretariat complex of the Cocoa Farmers of Nigeria (CFAN) said the state was famous for its massive production of quality cocoa,

The minister said the present administration of President Mohammadu Buhari is interested in reversing the downward trend in cocoa production in Nigeria despite the COVID-19 pandemic and its impact on the world economy.

Nanono said: “As you are all aware, Nigeria in the 1960s and 1970s was a major cocoa producer and it supplied most of the world’s demand.

“Cocoa was a major revenue and foreign exchange earner for Nigeria. It provided millions of jobs for the people, especially those in the southwest region.”