Thursday 23 August 2018

BUHARI SIGNS 2010 INTERNATIONAL COCOA AGREEMENT

The President of the Federal Republic of Nigeria, Muhammadu Buhari, has signed the Instrument of Accession to the International Cocoa Agreement, 2010. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

The development was made known by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a statement made available to Tectono Business Review.

Fellow Nigerians, are you aware that our crude oil will soon become useless? Yes, it will, in no distant time, become valueless owing to the fact that the countries that rely on it as their only source of energy are developing more affordable alternative sources of energy. When this finally happens, what will we do? How are we currently preparing for this imminent economic doom? Which other sector will continue to stabilize our economy? Nigerians, the only solution is developing the agricultural sector. In fact, this is the only solution. Very soon, the major source of revenue will become agriculture and agro-exports. How are you positioning yourself to play big in agro-export business? Why don’t you get a practical manual that explains the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers? Yes, arm yourself with the contemporary trends in export trade. This manual explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

According to the media aide, the signing was as a result of to the Federal Executive Council’s approval for Nigeria to accede to the agreement. Following the execution of the instrument of accession, he said Nigeria undertook “faithfully to abide by all the stipulations contained” in the agreement.

The presidential spokesman said among other benefits, the agreement was expected to strengthen cooperation between exporting and importing member countries; improve their cocoa economies through active and better focused project development and strategies for capacity building. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

“The agreement is also expected to build on the successes of the 2001 Agreement by implementing measures leading to an increase in the income of cocoa farmers and by supporting cocoa producers in improving the functioning of their cocoa economies.

“It will also deliver cocoa of better quality, take effective account of food-safety issues and help establish social, economic and environmental sustainability so that farmers are rewarded for producing cocoa that meets ethical and environmental considerations,” he said.

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