It was excitement in Ondo State yesterday, as farmers from across the 18 local government areas of the state received no fewer than 400,000 cocoa seedlings and 25,000 cashew seedlings distributed by Ondo state government.
Speaking during the distribution of the seedlings, the state Governor, Mr. Rotimi Akeredolu, stated that the initiative was part of the state government effort in repositioning cocoa as number one foreign exchange earner.
“cocoa is Nigeria’s number one cash crop and the second largest foreign exchange earner after petroleum. Although the country recently slipped from a global 4th position to 7th position, with an annual production of 190,000mt. Ondo State, at the same time, produces 80,000 metric tonnes (42%) to maintain its leadership position amongst the nation’s Cocoa Producing States.
Akeredolu stated that this move was part of the present administration initiative to formulate effective policies that would return the state and the country to the vantage position as the number one in the production of quality cocoa production in the world.