CPPE Urges Phased Approach in Nigeria's Shea Nuts Export Ban
The Centre for Promotion of Private Enterprise (CPPE) has advised the Nigerian government to implement a phased transition in banning shea nut exports to protect investments and sustain economic growth. CPPE's CEO, Muda Yusuf, highlighted the importance of gradual implementation to prevent disruptions in the shea nut value chain, emphasizing the need for policy stability and stakeholder engagement.
The phased approach aims to support local value addition, industrialization, and rural income sustainability while ensuring the competitiveness of processors. The recommendation seeks to balance economic gains with the preservation of the shea nut industry's benefits.
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