Fast Market Research recommends "Nigeria Agribusiness Report Q2 2014" from Business Monitor International, now available
Boston, MA -- (ReleaseWire) -- 03/14/2014 -- Cocoa continues to be the segment with the most potential for growth over the short and medium term in Nigeria. We hold a bullish view on prices, and government and private sector investment is helping Nigeria to gain some ground on struggling competitors Ghana and Côte d'Ivoire. While we doubt that the dairy industry will develop at the speed envisioned by the government's production target of 1.1mn tonnes by 2015, we do see steady growth resulting from increased public and private investment spurred on by buoyant demand. Corn production has been hampered by a lack of available seed - a spillover effect of 2012's flooding - although increased credit and investment will very likely see the green shoots of recovery springing up for the next harvest.
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