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In 2024, Nigerian farmers witnessed an unprecedented boom, with many achieving millionaire and billionaire status through the export of high-demand agricultural products such as cocoa, sesame seeds, soybeans, cashew nuts, and frozen foods.
This remarkable growth highlights the potential of Nigeria’s agricultural sector in global markets.
According to businessday.ng, but they did not just become rich by selling to the local market.
They rather added value to the commodities and exported them, making dollars and euros from the business. Cocoa was Nigeria’s biggest agro export earner in 2024. Nigeria raked in N1.46 trillion in nine months of 2024 from cocoa export, according to the National Bureau of Statistics (NBS)’s Foreign Trade Statistics’.
