Lagos Move to Tap into $45Bn Global Coconut Industry

The Lagos State government has concluded plans to tap into the global Coco-nut industry said to be worth about $45billion yearly,

Speaking Tuesday at the first ”International Coconut Summit to be held in the country Governor Babajide Sanwo-olu stressed that the state government will do everything possible to empower its farmers to tap fully into the opportunities in the global coconut industry by boosting their capacity.

The Governor who was represented at the two Day-event which held at Airport Hotel ,Ikeja,Lagos by the Commissioner of Agriculture,Prince Gbolahun Lawal said that as the leader in the production of coco-nut in Nigeria that it would be supplying improved seedlings to farmers from the coco-nut belt of state.

The Raw Material Research and Dev. Council gave 4,000 improved seedlings to the farmers of Lagos State during the occasion as its DG Professor H.D.Ibrahim promised to do all within his powers to ensure that Nigeria is not relegated to the background whemn it comes to coco-nut business in Africa.

Dr Chima Igwe of FIIRO also stressed that the establishment would be behind Lagos in its fight to boost the coco-nut business in the state,stating that Nigeria will succeed in its effort to boost the product

The president of NACOPPMAN ,Mma Okoroji said their association is ready to champion the cause of coco-nut in Nigeria and boost returns for farmers,urging the state to go into plantation farming and join the group