The 2018 budget expects a boost to non-oil revenue of 87%. One of such activities is the recovery in the production of cotton.
Nigeria produced a meager 348,000 tonnes (1.5% of global output) in 2016 . The new initiatives, including the anchors borrowers programme, is expected to catalyze an otherwise extinct product.
The attached bulletin addresses these and other issues in the domestic and global commodities market.
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