…We can make N240m per year if funded – Farmers
Despite efforts by the Nigerian Export Promotion Council (NEPC) to push South-South farmers, especially Delta State farmers into the ginger production and export market, Delta State is seen to have missed out in Nigeria’s N26 billion annual ginger export value.
This is said to be because of zero funding from either the State or Federal Government to over 1,000 ginger farmers in Delta State, who have for three years missed out on N240 million per year projected revenue from their proposed farm size.
The global ginger market, valued at about $6 billion, is projected to almost $10 billion by 2034 due to expanding food and beverage sectors, traditional medicine, and demand for functional health supplements.
Nigeria is expected to cash out in this growth, being the world’s top three ginger producing nation.
