• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Economy

Nigeria shea nut export ban sparks positive shift for local industry

Quadri Olaitan by Quadri Olaitan
August 26, 2025
in Economy
0 0
0
Nigeria shea nut export ban
thenacre-campaign

Nigeria shea nut export ban aims to boost local processing, create jobs, and empower women while targeting \$300m annual earnings

Nigeria shea nut export ban marks a decisive step by President Bola Tinubu’s administration to reshape the nation’s agro-industrial sector.

Also read: US-Africa Trade and Business Network hosts successful export masterclass in Lagos

The six-month suspension, announced by Minister of Agriculture and Food Security Abubakar Kyari and backed by Vice President Kashim Shettima, is designed to curb informal trade, secure raw materials for local factories, and strengthen Nigeria’s foothold in the \$6.5 billion global shea industry.

Vice President Shettima stressed that the Nigeria shea nut export ban is not anti-trade but a pro-value addition policy.

He explained that the move would transform Nigeria from a raw shea exporter into a global supplier of refined products such as butter and oil, boosting rural incomes and creating thousands of jobs.

Perfect-Aesthetic-social-1

Despite producing nearly 40% of global shea, Nigeria holds only about 1% of the global market. With the ban, the government projects annual industry earnings of \$300 million in the short term, with a bold ambition to achieve tenfold growth by 2027.

Data from the Presidential Fertiliser Supply Chain Unit revealed that more than 90,000 metric tonnes of raw shea are lost yearly to unregulated trade, while local processors operate below half capacity.

By enforcing the Nigeria shea nut export ban, the government seeks to close this gap, aligning with strategies already adopted by neighbours like Ghana and Burkina Faso.

Kyari highlighted that Nigeria’s five million hectares of wild-growing shea trees give the country a natural advantage, positioning the crop as a key non-oil export under the Zero Oil Plan.

With women making up 90% of shea pickers and processors, the policy promises to serve as a game-changing empowerment tool, directly impacting livelihoods in rural communities.

International trade opportunities are also on the horizon. Nigeria and Brazil are finalising agreements that will soon open Brazilian markets to Nigerian shea products, enhancing global visibility for the country’s exports.

adron lemon friday

As Vice President Shettima concluded, “We are not closing doors; we are opening better ones.”

Also read: Unlock U.S. market opportunities! Join free Export & Prosper Masterclass in Lagos – tomorrow!

The Nigeria shea nut export ban signals not just economic diversification but a long-term investment in people, industry, and empowerment planting seeds that will bear fruit for decades to come.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

VAT Growth
Economy

VAT growth boosts Nigeria’s Q2 revenue despite dip

by Quadri Olaitan
November 25, 2025
NBS
Economy

NBS reports sharp drop in garri, beans prices nationwide

by David Okere
June 2, 2026
CBN reaffirms clean Naira notes
Economy

CBN reaffirms clean Naira notes, urges Nigerians’ support

by Quadri Olaitan
October 2, 2025
Naira
Economy

Naira gains to N1,346.49 as week ends strong

by Mariam Balogun
August 21, 2026
US intelligence
Breaking News

Security expert praises US intelligence role in blocking terror bases in Africa

by Mariam Balogun
May 19, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

A beneficiary undergoes the presentation, fitting and demonstration of an artificial upper-limb prosthesis donated by PDG Shab Elawar and his wife during the ongoing West Africa Project Fair 2026 in Lagos.

Rotary restores hope as PDG Shab Elawar, wife donate artificial limbs to beneficiaries at West Africa Project Fair

November 11, 2026
images 2026 11 11T174525.442

Abiodun allocates 49 duplexes to Ogun judges

November 11, 2026
images 2026 11 11T173213.722

SDP names Tanko campaign chief in key 2027 move

November 11, 2026
FB IMG 1763554541006 1024x576 1

Nigeria targets automotive growth at Abuja motor fair

November 11, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
#image_title

17 mobile money operator companies licensed by CBN in Nigeria

March 22, 2023
Australia

Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

April 24, 2026
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
A beneficiary undergoes the presentation, fitting and demonstration of an artificial upper-limb prosthesis donated by PDG Shab Elawar and his wife during the ongoing West Africa Project Fair 2026 in Lagos.

Rotary restores hope as PDG Shab Elawar, wife donate artificial limbs to beneficiaries at West Africa Project Fair

November 11, 2026
images 2026 11 11T174525.442

Abiodun allocates 49 duplexes to Ogun judges

November 11, 2026
images 2026 11 11T173213.722

SDP names Tanko campaign chief in key 2027 move

November 11, 2026
FB IMG 1763554541006 1024x576 1

Nigeria targets automotive growth at Abuja motor fair

November 11, 2026
ADVERTISEMENT
November 2026
S M T W T F S
1234567
891011121314
15161718192021
22232425262728
2930  
« Oct    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Australia

    Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • Mohbad was killed because he demanded DNA, father alleges

    0 shares
    Share 0 Tweet 0

Just Published!

A beneficiary undergoes the presentation, fitting and demonstration of an artificial upper-limb prosthesis donated by PDG Shab Elawar and his wife during the ongoing West Africa Project Fair 2026 in Lagos.

Rotary restores hope as PDG Shab Elawar, wife donate artificial limbs to beneficiaries at West Africa Project Fair

November 11, 2026
images 2026 11 11T174525.442

Abiodun allocates 49 duplexes to Ogun judges

November 11, 2026
images 2026 11 11T173213.722

SDP names Tanko campaign chief in key 2027 move

November 11, 2026
FB IMG 1763554541006 1024x576 1

Nigeria targets automotive growth at Abuja motor fair

November 11, 2026
Rotary president Babalola, WAPF

Rotary president Babalola meets WAPF delegates

November 11, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.