Nigerian cocoa farmers are facing a critical juncture as they grapple with the implementation of the European Union Deforestation Regulation (EUDR). To ensure sustainability and compliance with this stringent new law, farmers are urging the federal government for substantial financial support.
The Cocoa Farmers Association of Nigeria (CFAN) has called on the government to revitalize and adequately fund the National Cocoa Management Committee (NCMC). This committee, established in 2022, is tasked with regulating cocoa production and ensuring compliance with the EUDR.
CFAN believes that increased funding will enable NCMC to address key challenges such as quality control, contract arbitration, child labor monitoring, deforestation, and capacity building. Additionally, subsidies for inputs would incentivize farmers to boost production and attract younger generations to the industry.
The recent surge in global cocoa prices and the devaluation of the naira have significantly benefited Nigerian cocoa farmers. However, the country’s ability to capitalize on this opportunity hinges on its capacity to meet the stringent environmental and social standards set by the EU.
Adeola Adegoke, Director General of the Roundtable Initiative and National President of CFAN, emphasized the importance of adequate funding for the NCMC. He stated, “Funding has continuously affected the committee’s sustainability responsibilities, including quality control, contract arbitration, child labor monitoring, deforestation, and capacity building.”
The Nigerian government’s response to this urgent plea will determine the future of the country’s cocoa industry. By providing the necessary financial support, the government can empower farmers, safeguard the environment, and secure Nigeria’s position as a leading cocoa producer.