• Latest
  • Trending
SERAP Urges Tinubu to Stop Wike from Shutting 34 Embassies Over Unpaid Rents

FG Bans Raw Shea Nut Exports Until February 2027 to Promote Value Addition

February 25, 2026
Ogun Red Cross seeks support over rising humanitarian needs

Ogun Red Cross seeks support over rising humanitarian needs

May 9, 2026
Osun 2026: Attack on Adeleke’s billboards undermines democracy, says Hon. Osundare

Osun 2026: Attack on Adeleke’s billboards undermines democracy, says Hon. Osundare

May 9, 2026
Multi-million naira Bokku Mart begins operations in Abeokuta 

Multi-million naira Bokku Mart begins operations in Abeokuta 

May 8, 2026
Gateway Airport Begins Hajj Operations as Ogun Pilgrims Arrive Saudi Arabia

Gateway Airport not rejected for Hajj flights, Ogun govt insists

May 8, 2026
Ogun Assembly Reschedules Budget Performance Review to July 28

Ogun Assembly Begins First Quarter 2026 Budget Performance Review May 11

May 7, 2026
Bello El-Rufai Dumps APC For ADC As Five Reps Defect

Bello El-Rufai Dumps APC For ADC As Five Reps Defect

May 7, 2026
Support Farmers with Loans, Not Just Words – Jonathan to African Leaders

2027: Jonathan opens up on presidential ambition

May 7, 2026
Ex-Ogun commissioner Adeleye emerges APC consensus candidate for Reps

Ex-Ogun commissioner Adeleye emerges APC consensus candidate for Reps

May 7, 2026
Court convicts ex-Power Minister Mamman over ₦22bn fraud

Court convicts ex-Power Minister Mamman over ₦22bn fraud

May 7, 2026
2027: Group Accuses Daniel Of Sponsoring Media Attacks On Abiodun

2027: Group Accuses Daniel Of Sponsoring Media Attacks On Abiodun

May 7, 2026
ODU’ACCIMA Celebrates Gov Abiodun at 65, Applauds Economic Gains in Six Years

Ogun Begins Power Audit, Targets 24-Hour Electricity Supply

May 6, 2026
Abiodun Tasks Arewa Group on Youth Engagement, Pledges Support for Programmes

Abiodun Tasks Arewa Group on Youth Engagement, Pledges Support for Programmes

May 6, 2026
Tropic Reporters
Saturday, May 9, 2026
About Us
Advertise
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Culture
  • Health
  • Opinion
  • Special Reports
  • Entertainment
  • Lifestyle
No Result
View All Result
Tropic Reporters
No Result
View All Result

FG Bans Raw Shea Nut Exports Until February 2027 to Promote Value Addition

by Tropic Reporters
February 25, 2026
in News
0
SERAP Urges Tinubu to Stop Wike from Shutting 34 Embassies Over Unpaid Rents
0
SHARES
9
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Loading

The Federal Government has approved an extension of the ban on the export of raw shea nuts for a further one year, from February 26, 2026, to February 25, 2027.

The decision underscores the administration’s commitment to advancing industrial development, strengthening domestic value addition, and supporting the objectives of the Renewed Hope Agenda.

RELATED NEWS

Ogun Red Cross seeks support over rising humanitarian needs

Multi-million naira Bokku Mart begins operations in Abeokuta 

Gateway Airport not rejected for Hajj flights, Ogun govt insists

Ogun Assembly Begins First Quarter 2026 Budget Performance Review May 11

2027: Jonathan opens up on presidential ambition

The development was confirmed in a statement released by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

According to the statement, the ban is aimed at deepening Nigeria’s processing capacity, improving livelihoods in shea-producing communities, and promoting exports of value-added products.

All previous waivers allowing direct export of raw shea nuts have been withdrawn.

President Bola Ahmed Tinubu has directed that any excess supply of raw shea nuts must be exported exclusively through the Nigerian Commodity Exchange (NCX) framework, in accordance with approved guidelines.

He also authorised the Federal Ministry of Industry, Trade and Investment, and the Presidential Food Security Coordination Unit (PFSCU), to coordinate a unified, evidence-based national framework that aligns industrialisation, trade, and investment priorities across the shea nut value chain.

In addition, the President instructed the Federal Ministry of Finance to provide access to a dedicated NESS Support Window to enable the Federal Ministry of Industry, Trade and Investment to pilot a Livelihood Finance Mechanism to strengthen production and processing capacity in shea-producing areas.

Shea nuts, the oil-rich fruits from the shea tree found in Nigeria’s Savanna belt, are the raw material for shea butter, widely used in cosmetics for skin and hair, as well as in edible cooking oil.

The Federal Government encourages local processing, noting that shea butter fetches between 10 and 20 times the price of raw nuts.

The move forms part of broader policies to promote inclusive growth, enhance local manufacturing, and position Nigeria as a competitive participant in global agricultural value chains.

SendShareTweet

Related Posts

Ogun Red Cross seeks support over rising humanitarian needs
News

Ogun Red Cross seeks support over rising humanitarian needs

May 9, 2026
Multi-million naira Bokku Mart begins operations in Abeokuta 
News

Multi-million naira Bokku Mart begins operations in Abeokuta 

May 8, 2026
Gateway Airport Begins Hajj Operations as Ogun Pilgrims Arrive Saudi Arabia
News

Gateway Airport not rejected for Hajj flights, Ogun govt insists

May 8, 2026
Ogun Assembly Reschedules Budget Performance Review to July 28
News

Ogun Assembly Begins First Quarter 2026 Budget Performance Review May 11

May 7, 2026
Support Farmers with Loans, Not Just Words – Jonathan to African Leaders
News

2027: Jonathan opens up on presidential ambition

May 7, 2026
Court convicts ex-Power Minister Mamman over ₦22bn fraud
News

Court convicts ex-Power Minister Mamman over ₦22bn fraud

May 7, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Ogun Red Cross seeks support over rising humanitarian needs

Ogun Red Cross seeks support over rising humanitarian needs

May 9, 2026
Osun 2026: Attack on Adeleke’s billboards undermines democracy, says Hon. Osundare

Osun 2026: Attack on Adeleke’s billboards undermines democracy, says Hon. Osundare

May 9, 2026
Multi-million naira Bokku Mart begins operations in Abeokuta 

Multi-million naira Bokku Mart begins operations in Abeokuta 

May 8, 2026
Tropic Reporters

Copyright Notice
All content on Tropic Reporters is protected by copyright laws and belongs exclusively to us. Unauthorized use, reproduction, or distribution is prohibited.

You may access and share content for personal, non-commercial purposes with proper attribution. For permissions or collaborations, contact us via our official channels.

Recent News

  • Ogun Red Cross seeks support over rising humanitarian needs
  • Osun 2026: Attack on Adeleke’s billboards undermines democracy, says Hon. Osundare
  • Multi-million naira Bokku Mart begins operations in Abeokuta 

Subscribe to Tropic Reporters News

Stay informed with Tropic Reporters, your trusted source for breaking news, exclusive stories, and in-depth reports on national and international issues.

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

© 2025 Tropic Reporters. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Culture
  • Health
  • Opinion
  • Special Reports
  • Entertainment
  • Lifestyle

© 2025 Tropic Reporters. All Rights Reserved.