The United Nations Industrial Development Organisation (UNIDO) is releasing N120 million to Nigeria for the laboratory test of agriculture products for export.
Joel Akinbolawa, UNIDO’s National Technical Committee Coordinator in Nigeria, made this known on Tuesday in Lagos.
Mr. Akinbolawa said, “The money would be released through funding of the laboratory equipment to test some of the products targeted for export.”
He added that the five selected products: yam, cassava, cocoa, gum Arabic, and pineapple were chosen based on the nation’s comparative advantage, and to boost trade.
Mr. Akinbolawa further said that part of the prerequisites for releasing the money was to have a national standard board and a structure to house it, adding that Standards Organisation of Nigeria had been chosen to conduct the test.
According to Akinbolawa, the measure is to tackle challenges being faced by exporters at the international markets in the U.S, UK, and other European Union countries.