Nigeria is the 5th biggest producer of cocoa in the world.
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Cross River State is set to start cocoa processing operations in August.
According to Bloomberg, the factory will receive raw materials from farmers in Cameroon as well as local farmers. The Nigerian government also plans to distribute 10 million seedlings of cocoa.
This vast investment comes after Nigeria said they have chosen to boost their agricultural economy.
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#TheBingeStopNewsJuly28th2020
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