Business Cocoa Exporters Down Tools Over Levy Dispute With Federal Government of Nigeria



Exportation of cocoa in Cross Rivers state have been stopped following a trade levy dispute between the state's cocoa exporters and the federal government of Nigeria.

“Cocoa has not moved since Monday because they [the government] have refused to give us excavation papers,” Godwin Ukwu, a spokesman of the Cocoa Association of Nigeria said.

He said 2,000 tons of cocoa are on ground for export but shipments have been delayed after the government refused to issue certificates that will enable merchants ship the product unless they pay N320 per metric ton whereas the levy was normally paid to the trade body without government involvement.

The trade levy issue has now become a concurrent problem for cocoa exporters in the region. Last month, the exporters embarked on industrial action but later resumed activities on July 18 after the government suspended an export levy of N5, 000 a ton.

With an annual export of about 75,000tons, Cross Rivers is Nigeria’s second-largest grower of cocoa after Akure, the capital of Ondo state, THE CABLE says.

#Cocoa #Nigeria #CrossRivers #Ondo


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