The tragedy of Nigeria's cocoa sector is that a former bedrock of the country's economy has become little more than a foreign exchange game and money-laundering operation. A comprehensive new report charts a "high degree of fluctuation" and lately "unabated decline" in Nigerian cocoa since its high point in the 1970s, when the country produced more than 20 per cent of the world production....more
The tragedy of Nigeria's cocoa sector is that a former bedrock of the country's economy has become little more than a foreign exchange game and money-laundering operation. A comprehensive new report charts a "high degree of fluctuation" and lately "unabated decline" in Nigerian cocoa since its high point in the 1970s, when the country produced more than 20 per cent of the world production....
