Shrinking market discourages cotton production by Nigerian farmers

Nigeria’s cotton production is put at 51,000 metric tonnes on 253,000 hectares, with an average yield of 202kg per hectare.

Nigeria’s cotton industry s fast sliding towards extinction on account of a shrinking local market and low seeds available to farmers, despite the incentives of an alluring $3 trillion global industry.

More so, many of Nigeria’s cotton farmers have shifted to growing other crops. Stakeholders have attributed the decline in cotton production to low-quality key inputs such as seeds, inadequate finance for farmers, and the death of the country’s textile industry.

Nigeria’s cotton production is put at 51,000 metric tonnes on 253,000 hectares, with an average yield of 202kg per hectare, while global cotton consumption is put at 24 million metric tonnes, according to International Cotton Advisory Committee (ICAC) 2016 data.

Cotton, which used to be one of Nigeria’s major cash crops in the ’70s was not even among the top 19 agricultural commodities exported in 2020 full year, data from the National Bureau of Statistics (NBS) show.

Read more from the Source: BUSINESS DAY