Nigeria Targets $10bn From EU Honey Market

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The federal government has taken steps to improve the production of honey and standardisation of the honey value chain which experts said can generate at

least $10 billion annually in foreign exchange if there is an improvement of the quality as Nigeria seeks access into the European Union honey market.

The session was organised by the NEPC to address the identified challenges bedeviling the export potentials of Nigeria honey and honey by-products en route to implementing Third Country Listing Certification for ease of market access of Nigerian honey to the European countries. ‘’One of such markets for honey is the European Union, which accounts for 35 per cent of total global imports. Further more, industry experts posit that Nigeria is capable of generating at least $10 billion annually from trading in honey and beehive products if there is an improvement in quality, compliance with food safety standards and in fulfilment of Third Country Listing Certification to ease access.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tihihihihi. We hear stories like these forever. Addiction to oil won't allow this.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘We are ready to engage Nigerian government to regulate cryptocurrency market’ | The Guardian Nigeria News - Nigeria and World NewsWe do not intend to go around anything; we want to engage everyone, including the regulators. We want to sit with them and show them what this is all about.
Source: GuardianNigeria - 🏆 1. / 94 Read more »