Nigeria and EU Sign Agreement to Reduce Agricultural Export Tariffs
On June 26, Nigeria formally signed an agreement with the European Union to reduce export tariffs on key agricultural commodities like cocoa, cashews, and sesame seeds.
The pact aims to boost farmers’ incomes by opening access to lucrative markets.
Trade analysts predict a 10 – 15% growth in export earnings over the next two years, with complementary measures to improve logistics and quality standards.
Adedayo Obadina
Talksocialtalks
