Buhari Signs International Cocoa Agreement
Nigeria has now adopted the International Cocoa Agreement of 2010, with President Muhammadu Buhari signing the agreement document on Monday.
The Instrument of Accession to the International Cocoa Agreement, 2010, was signed by President Buhari after it was approved by the Federal Executive Council.
Following the execution of the instrument of accession, Nigeria undertakes “faithfully to abide by all the stipulations therein contained” in the Agreement, a statement by a spokesman of the President, Garba Shehu, read.
Among other benefits, the agreement is expected to strengthen cooperation between exporting and importing member countries; improve their cocoa economies through active and better focused project development and strategies for capacity-building.
The 2010 Agreement is also expected to build on the successes of the 2001 Agreement by “implementing measures leading to an increase in the income of cocoa farmers and by supporting cocoa producers in improving the functioning of their cocoa economies".
It will also “deliver cocoa of better quality, take effective account of food-safety issues and help establish social, economic and environmental sustainability, so that farmers are rewarded for producing cocoa that meets ethical and environmental considerations", the spokesman for the President added.
Nigeria lost its cocoa glory days after the discovery of crude oil diverted the attention of the nation with vast arable land away from agriculture to mining of the black gold mostly in the south-south region.
The current administration of President Buhari has continued to push for more youth involvement in agriculture, but response to the push have been limited by incessant killing of farm settlers by persons suspected to be herdsmen and grazing of their crops by cattle.
Farmers have been discouraged from going to farms, with the latest victim being a former controller of prisons service.
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