The Nigerian cocoa market stands the risk of losing its place in the global competition if it fails to take advantage of the extension of the deadline for new European Union’s Deforestation-free Products Regulation (EUDR), an industry player has warned.
Cocoa is one of the products affected by the EU’s new regulation, and records have shown that the EU is the major importer of Nigerian cocoa beans, importing about 77.73 per cent.
The Managing Director of Johnvents…
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