February 23, 2018

What is killing the Investments of Cocoa business in Nigeria

cocoa plantation

As Chief Executive of FTN Cocoa Processing Nigeria Plc, Akin Laoye, sits atop the only indigenous cocoa company listed on the Nigerian Stock Exchange (NSE). In this interview with Paul Ukpabio,  he speaks on the challenges of operating cocoa business in Nigeria and why the government needs a policy that will favour the agro allied sector.  Being an insider, what is your impression of the agro allied sector of our economy? I think the industry is in comatose and the reason is because there is no government agenda for a major commodity that drives some nations. This is the commodity…