Cocoa: Turning a price boom into enduring prosperity - Prime Progress NG

Cocoa: Turning a price boom into enduring prosperity - Prime Progress NG

Few agricultural products hold as much potential for Nigeria as cocoa. In the 1960s, it was the lifeblood of the Western Region, building a self-sustaining economy that became a model for the country. For decades, it was Nigeria’s golden export, ranking the country among the top three producers in the world. Then came the discovery of crude. The oil boom in the 1970s stole the spotlight, shrinking investment in agriculture. As many cocoa plantat…