The exports of Sesame seed will generate up to $150m for Nigeria next year, the Executive Director, Nigerian Export Promotion Council (NEPC), David Adulugba has said.
Speaking in Abuja at the project start up meeting for the World Trade Organization (WTO)/Standards and Trade Development Facility (STDF) project 172, Adulugba said that the revenue generated from the formal exports of the seed as obtained from CBN indicates that the country earned $32.4m in 2006, $118.2m in 2007 and $151.3m in 2008.
He also said that the country is targeting over 200,000 metric tonnes production of sesame seed next year, adding that in 2006, it got 86,000 metric tonnes and increased to 100,000 metric tonnes in 2007, with 150,000 and 170,000 metric tonnes in 2008 and 2009 respectively.
The NEPC Executive Director said that the projections were made based on the increase recorded in the production of the seed from 2006 coupled with the farmers’ sensitization programme embarked upon by the Council.
He said: “We have sensitized the farmers on the best farming practice that will enable them know that the threats of the elements are reduced to the barest minimum acceptable level. The NEPC in collaboration with IITA have trained the farmers on the new technique for cultivating sesame seeds.”
Adulugba said that the objective of the project is to expand Nigeria’s exports of sesame seed and shea nut/butter through improved SPS capacity building for private and public sectors, as well as improved quality control.