ONDO GOVT DISTRIBUTES 400,000 COCOA, CASHEW SEEDLINGS TO FARMERS
NO fewer than 400,000 cocoa seedlings and 25,000 cashew seedlings were distributed by Ondo state government to farmers across the 18 local government areas of the state.
Speaking during the distribution of the seedlings, the state Governor, Mr. Rotimi Akeredolu, stated that the initiative was part of the state government effort in repositioning cocoa as number one foreign exchange earner.
Akeredolu said the present administration in the state had been making effective policies in returning the state and the country to the vantage position as the number one in the production of quality cocoa production in the world.
He said “cocoa is Nigeria’s number one cash crop and the second largest foreign exchange earner after petroleum. Although the country recently slipped from a global 4th position to 7th position, with an annual production of 190,000mt. Ondo State, at the same time, produces 80,000 metric tonnes (42%) to maintain its leadership position amongst the nation’s Cocoa Producing States.