aisha

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Nigeria produces 57% of the world’s shea nut.

The Minister of State for Industry, Trade and Investment, Hajiah Aisha Abubakar recently revealed that Nigeria accounts for about 57 percent of the world Shea nut production. She also stated that the market for chocolate value is approximately 117 billion dollars while that of the cosmetics industry stands at 382 billion dollars. Both make use of shea butter. Nigeria stands to benefit immensely from the Shea Industry if the informal sector was properly harnessed. This is an untapped goldmine and quite a large number of unemployed people are oblivious to that. Hajiah Aisha Abubakar also announced that Nigeria will host the next International Shea Conference stating that “the International Conference is a forum which enables participants to learn best practices, build a new partnership, launch projects and promote organisational settings and also open new markets for the industry’s products globally. It is also intended to reduce Trade Barriers and also achieve sustainability. With the current administration’s focus on Agriculture, Nigeria stands to benefit immensely from the Shea Industry through the employment generation(women and youths), poverty eradication, wealth creation, environmental sustainability and attract foreign exchange earnings across the value chain”   The 11th Annual International Shea  Conference tagged ‘Shea 2018 is organised by the Federal Ministry of Industry, trade and Investment in collaboration with Federation Ministry of Agriculture, Global Shea Alliance(GSL) and National Shea Products Association(NASPAN). Themed ‘Going Further Together’, the meeting is scheduled to hold in Abuja Nigeria from 12th-14th March 2018. Yours truly has done a little research to provide interested people with some links to start exploration. Ojoba collective a Netherlands based firm supplying botanicals from Africa to Europe. A comprehensive guide to exporting shea butter to Europe for cosmetics can also be found in this report by the Centre for the Promotion of Imports from developing countries CBI. And the process of making shea butter can be found in this article by Safarijunkie As usual, you can thank me later when you hit the billions. Goodluck!  

Blog, Reverie

The power play of #HyenasAndJackals

At the onset of his administration, President Muhammadu Buhari undertook plenty tasks including frequent trips abroad to market Nigeria and attract foreign investments. Somewhere along the line, he took ill and a cabal allegedly took over his government. They were said to have connived with the nPDP elements to further alienate Asiwaju Ahmed Bola Tinubu who had already lost out in the NASS leadership. The feeling in Abuja then as I got to know was that Tinubu’s ambition to rule after Buhari had to be checked early in the day. That Asiwaju was the critical beacon of APC’s emergence as the ruling party is not debatable. What did he do? He retreated to do what he knows best, strategize! In the meantime, President Buhari spent weeks and even months abroad on treatment. While there the grapevine had it that some in the president’s inner circle were already positioning themselves in the succession hierarchy of a post-Buhari presidency. There were stories about how Vice President Yemi Osinbajo was being isolated. At one time he was allegedly prevented from signing the budget. However, as God will have it our dear President recovered fully and just before he got back the First Lady Aisha Buhari alerted us in a tweet about #HyenasAndJackals who will soon be chased away from the villa when the Lion King returns. President Buhari being a wise and taciturn old soldier must have keenly observed and heard many stories. There is no doubt that by now he knows those who are for him and those against him. Even though there are neither permanent friends nor enemies in politics, in power play when you crush your foes you better crush them completely! I believe that was why Buhari declared his re-election bid early so that the events of the past few weeks will expose the wolves in sheep’s clothing on time. Thereby providing the President with ample time to crush them. However, as important as that may appear, it is even more important for the president to identify the moles within for they are the ones that should be completely annihilated. That is politics for you and we should expect more drama in the coming weeks.  

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