The Nigerian government is hoping to transform the country into a ‘shea hub’, exporting high quality shea butter and shea-based products in order to boost employment and the economy, according to a report published by The Nation.
At present the country accounts for some 57 percent of global shea supply, equivalent to 400,000 metric tonnes a year.
“We are far from deriving the maximum benefit in the shea sector of our economy,” Permanent Secretary, Industry Trade and Investment, Edet Sunday Akpan told The Nation. “For us to turn the tide to our advantage, we must do the needful in terms of capacity development, technological development, research and innovations and all that is required in translating our potential to reality.
“This way we will no longer depend on the importation of shea based on products like vegetable oil, soap and other cosmetics products, but we will succeed in building a shea hub which takes us to a point where we will be exporting high quality shea butter and other shea based products as a against the export of raw shea nuts which yield close to nothing.
“Doing this will also bring us to a point where thousands of Nigerians will find new opportunities in shea business and engage millions in both direct and indirect jobs for wealth creation.” f