Dear Subscriber,

Nigeria is the largest producer of carrots in SSA and 32^nd largest producer in the world, producing approximately 225,000 tonnes annually. This is 37.5% of its potential capacity (600,000 tonnes). The revenue implications of an optimal production for the industry could be as high as $720mn. It suggests another robust revenue source for the Nigerian economy especially at a time when the government is looking to optimize revenue and improve fiscal consolidation.

The attached slides address these and other issues in the domestic and global commodities market.

Enjoy your read!