Tinubu extends ban on export of raw shea nut

President Bola Tinubu has approved a one-year hold of the prohibition connected the export of earthy shea nuts, reinforcing his administration’s industrialization docket and the thrust to boost section worth summation successful Nigeria’s cultivation sector.
The prohibition takes effect from February 26, 2026, to February 25, 2027.

In a connection issued connected Wednesday by the Special Adviser to the President connected Information and Strategy, Bayo Onanuga, the presidency said the determination reflects the administration’s committedness to strengthening home processing capableness and improving livelihoods successful shea-producing communities.

“The hold of the prohibition underscores the administration’s resoluteness to deepen concern improvement and present connected the objectives of the Renewed Hope Agenda,” the connection said.

According to the Presidency, the argumentation is designed to guarantee that Nigeria retains greater economical worth from the shea worth concatenation by promoting the export of processed products alternatively than earthy commodities.

To enactment implementation, President Tinubu authorised the 2 ministers successful the F...