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Nigeria's Melon Market Booms with High Demand and Export Potential

Business Day··1 min read
Nigeria's Melon Market Booms with High Demand and Export Potential

Nigeria's melon (egusi) market is booming, with an annual production of 573,000 metric tons and a local demand of approximately 1,039 million metric tons, leaving a supply gap of around 466,000 metric tons. The market value is estimated at N744 billion annually, offering high returns due to low input costs and rapid turnover.

Kei David Nkwa, CEO of DNFood Global Limited, highlights the export potential and storage options, emphasizing the market's attractiveness to smart investors. The global demand for egusi extends beyond Nigeria, with Ghana also consuming the melon widely.

Plus234Feed summary based on reporting from Business Day.

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