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FG targets $8 billion forex earning annually from yam export

The Federal Government will tomorrow formally flag off the export of yam to Europe, Agriculture Minister Audu Ogbe disclosed today.

Addressing State House reporters after the Federal Executive Council meeting, the minister said in the first phase, 72 tonnes of yam would be exported to the United Kingdom.

He cited a statistics by the Food and Agricultural Organisation that Nigeria accounts for 61 percent of the total yam output in the world.

Ogbe said the expected income would be determined in a month’s time after exports to the United States, the UK and China.

“The Nigeria Centre for Agricultural Mechanization in Ilorin is producing a mechanized Yam ploughing machine that will be attached to a Tractor to ease production,” he said.


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