Nigeria Eyes Foreign Exchange Earnings from Charcoal

Nigeria is set to generate foreign revenue from the production, processing and exportation of charcoal to other countries as means of diversifying the nation’s economy.

The Minister of Industry, Trade and Investment, Adeniyi Adebayo, said this during the official Constitution adoption, Election and inauguration of the new executive members of the National Charcoal Producers, Processors and Marketers Association of Nigeria in Abuja.

Currently every household in Nigeria is passing through difficult times.

This is even made worse by the rising cost of cooking gas and kerosene that used to be an alternative has also gone beyond the reach of the ordinary people.

SEE ALSO:  Liquid Soap Production and Supply Business In Nigeria

The situation is further complicated by the ban on charcoal production and processing by the Nigeria government.

Leave a Reply

Your email address will not be published.