...Farmgate price down 44% as season commences
Nigeria's 2024/2025 main-crop cocoa output is set to decline due to poor weather and a black pod disease outbreak in a major growing region.
Farmers told BusinessDay that black-pod disease had attacked cocoa farms in Ikom, Cross River State, which accounts for 26 percent of the country’s total production, noting that this has badly affected output from the state.
They added that short heavy rainfall has also affected output across cocoa-producing states.
Adeola Adegok
