Nigeria’s Cocoa Exports Climbed 47% Last Year, Akingbola Says

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Exports of cocoa products from Nigeria, the fourth-largest producer of the beans, rose 47 percent to $822.8 million in 2010, according to Olakunle Akingbola, business development manager of Cobalt International Services, an inspection company.

This represented about 35 percent of $2.32 billion earnings from non-oil exports last year for Nigeria, Africa’s leading oil producer, Akingbola said by phone today from Akure in western Nigeria.