Nigeria: Agriculture

The export of finished goods consisting of mainly foodstuffs grew by over 80% in 2013 according to a report by Maersk Nigeria Limited (MNL), an indication that local manufacturing is on the increase. Maersk, the core liner shipping business of the AP Moller-Maersk Group, however predicted that agricultural commodities such as cocoa, charcoal, sesame seed and cotton will continue to dominate Nigeria’s non-oil export in 2014. The shipping firm said most non-oil agricultural exports out of Nigeria were loaded to Europe, followed closely by exports to the far East. (Source: Thisday)

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