The cocoa industry has been the mainstay of the Ghanaian economy and provides the second largest
source of export earnings representing about 30 percent of Ghana's total export earnings. Ghana is
presently the world’s second largest producer of cocoa beans, after the Ivory Coast. According to the
Bank of Ghana, cocoa bean and products export receipts for the first quarter of 2011 is $859.4 million,
accounting for about 61 percent of total export earnings as compared with $682.5 million at 48.8
percent in 2010.

http://gain.fas.usda.gov/Recent%20GAIN%20Publications/Cocoa%20Report%20Annual_Accra_Ghana_3-15-2012.pdf

.

GBTYO:

[size=18pt]Debunking the greatest lie once and for all[/size]
The Niger Delta was never dependent on any other region's resource during the colonial era, early independence, post civil war and till this date.

To back this up, the Niger Delta in both colonial and pre colonial era was home to business moguls and tycoons who made their money from their region's wealth.

And No, Cocoa and groundnut did not fund oil exploration in the Delta but rather was done through concessions with multinational oil companies.

Till today, the Niget Delta people do not benefit from any subsidy outside the oil sector which is theirs and cannot be taking as subsidy in the first place but rather host communities have been saddled with the harsh realities of systematic environmental degradation from oil drilling and gas flaring for over 40years!

There is no intention to clean up the delta by either the multinational companies or Nigeria govt up till the emerhence of Goodluck and the rest of Nigeria seems unconcerned of the Delta as long as the oil is pumped.

The federal ministry of Agriculture disburses more subsidies to the north than any region and the presence of this ministry is non existing in the Delta. This is one of only very few means at which direct impacts are made to the common man from the federal purse. W

The north for all the subsidy gotten from Agriculture annually can not flag of a single planting year without federal intervention in fertilizer, seedling distribution, construction of earth dams and federal buyouts of farm produce. This has made the north effectively unproductive as after any harvest, the ab0ki farmer will simply rather invest in a new wife than save for the next year planting season because Niger Delta oil will pay for it.

How does this subsidy in the north translate to the Niger Delta people when food prices peak exorbitantly in this once self sustainable and pristine region?

Eeser:
OK. So op what should we do now?

egift:
]

These crew always try to find any available thing to wail about. PDP pay your thugs so they can stop all these crying over nothing.

tensazangetsu:
OP am one of your fans on Nairaland and I seriously wanna know how u know all this things. Are u even a man or woman

PPAngel:
You foolish shill.

You think everyone is a paid tout like you?


Get ready to restart your cash crop economy

egift:


Are you resulting back to insults and rusty chest beating - now that is crazy

PPAngel:


[size=18pt]Agbekoya Parapo Peasant Farmers Uprising points to slavery in the 20th century[/size]


The Agbekoya Parapo Peasant farmers' riots occured between 1968 to 1969 in the then old wester region of Nigeria.

The peasant cocoa farmers staged series of violent demonstrations against the govt of Western Nigeria over heavy taxes imposed on their produce and also on the very low price offered by the Produce office. The farmers also complained of corrupt govt officials who demanded a bribe before buying up their produce at a ridiculus low price.

Other grieviances held by the farmers was destruction or threat of destruction of their farms by local govt officials after the breakout of cocoa fungus if they don't pay a bribe.

The riots were quelled only after Awolowo negotiatted a settlement with the farmers' union which saw to better pricing of cocoa beans by the produce office.

It is thus safe to say that up till late 1969, cocoa farmers never got a fair deal on their produce. Better pricing and the establishment of a central govt as well as the exploitation of oil resources effectively made cocoa less profitable

So in a nut shell, western Nigeria's glory days was based on an exploitative cocoa based economy.

chronique:
Nigeria is a place where a lot of lies are being told daily in the media. The unfortunate thing is that years down the line,the generations coming up,will never get to know the truth about their country cos a lot of lies and counter opinions would be passed down to them and would make it difficult for them to know which is the truth,and which is a lie. At the end of the day,everyone's history about Nigeria,would simply be what their parents passed down to them. Those who pass down the many lies of today to their kids,would have successfully robbed them of the ability of knowing their true history. Nigeria will still end up breaking up in the nearest future cos the lies and counter accussations of today,would be the fuel that will drive the process of secession.

PPAngel:
They told us that it was their cocoa and groundnut that developed the oil sector and was used to maintain the polity even though Nigeria was practicing fiscal autonomy back then.

Now they are telling us that cocoa is set to overtake oil.

Now don't get me wrong, I do wish progress for my brothers and sisters in Nigeria and I have been advising on the need to restart whatever cash crop economy that existed in both the north and west in order to end the over dependence on oil revenue from my region.

But what I will not accept is blatant fallacy.

They now want you to believe that cocoa earnings for 2014 was $10bn .

This is a big lie.


Nigeria's total cocoa export for 2014 was 238,300 metric tonnes.

http://www.statista.com/statistics/263855/cocoa-bean-production-worldwide-by-region/

[img]http://1.bp..com/-oAPpn79CTEI/TePrPqA9JFI/AAAAAAAAUtw/VPcYCEQlfJA/s640/Cocoa+Suppliers.gif[/img]

At $3,286 per metric tonne, Total production export for 2014 was only $780 million

This exclude cost of production and taxes.

So where did they get the $10 bn they are flouting here?

Even Ivory Coast and Ghana (the top 2 global producers) did not see that figure combined.

You people should learn to lie with decency and caution.


Here is an official annual report issued for cocoa production in Ghana which at a total net export of over one million tonne ( a record breaker ) earned only $860million for the first quarter. Hence Ghana did not earn up to $3bn. Ghana is by far the second largest producer of cocoa.

So how come with just 238,000 metric tonnes Nigeria earned 500% what Ghana produces?

Flyoruboy:


LOL. Guy, you are a jobless maggot. And your Yoruphobia will lead to your untimely death if you don't change course. Like I did in the other thread that spurned this one, your foolishness will still not change the fact that the SW adds the most to Nigeria's non-oil sector of the economy.
Imagine, you are using Ghana's figures to dispute Nigeria's own figures as quoted by GEJ's former Agric Mininster? ? Na so your hatred reach.

According to Adesina the former Agric Minister, Nigeria exported $10billion dollars worth of Cocoa last year (http://businessdayonline.com/2014/11/nigeria-exports-10bn-raw-cocoa-annually). More than 90% of that revenue emanated from the SW. That doesn't include other Agric export earnings (from Tobacco, Cashew, e.t.c) contributed by the region and generated as revenue for the Federal government. Now include the revenue generated from the air and seaports, as well as customs border posts, running into additional billions of dollars, all generated from the SW, also goes into the federal coffers -- and the region doesn't even receive any "13% derivation" from these earnings as the Niger Delta does on Oil revenue. The South West states currently receive more allocations from the center than the SE states simply coz they contribute more to the national commonwealth, simple. Can you present to me any verifiable data of the SE contribution to the the Nigerian commonwealth?

Every intelligent person knows that SW Nigeria, besides the enormous contribution it already making to the commonwealth, is a geological freak of nature in comparison to other regions in terms of untapped reserves of verifiable commercial quantity mineral resources with the potential of making the region one of the richest in Africa, if not the world -- http://www.thisdaylive.com/articles/the-case-for-solid-minerals-development/215779/.

Thank God again that Buhari has promised to accelerate the diversification of the economy all thanks to the oil slump (which is forecasted to persist into the foreseable future), finally we will hear word and know who the real parasites are without oil dependence.

Guy, I warn you though that if you continue on this your bad-belle path then your premature death will be certain. I know nothing would gladen your heart more than to believe your own fables about Yoruba dependence on oil money than other groups in Nigeria. You are still yet to answer my question about whether or not your own South East can survive without allocation, and you are cleverly refusing to tell us your SE contributions to the Nigerian commonwealth that can come close to rivaling the Yorubas'.

Again, I advice that you had better take it easy with your Yoruba obsession.

“The total global value of exporting raw cocoa is approximately $10 billion a year; the total value from chocolates alone, all made from cocoa, is over $100 billion a year, while the total value of all finished goods made from cocoa is estimated to be as high as $200 billion a year, all drawing from the same $10 billion raw cocoa beans produced.

Flyoruboy:


LOL. Guy, you are a jobless maggot. And your Yoruphobia will lead to your untimely death if you don't change course. Like I did in the other thread that spurned this one, your foolishness will still not change the fact that the SW adds the most to Nigeria's non-oil sector of the economy.
Imagine, you are using Ghana's figures to dispute Nigeria's own figures as quoted by GEJ's former Agric Mininster? ? Na so your hatred reach.

According to Adesina the former Agric Minister, Nigeria exported $10billion dollars worth of Cocoa last year (http://businessdayonline.com/2014/11/nigeria-exports-10bn-raw-cocoa-annually). More than 90% of that revenue emanated from the SW. That doesn't include other Agric export earnings (from Tobacco, Cashew, e.t.c) contributed by the region and generated as revenue for the Federal government. Now include the revenue generated from the air and seaports, as well as customs border posts, running into additional billions of dollars, all generated from the SW, also goes into the federal coffers -- and the region doesn't even receive any "13% derivation" from these earnings as the Niger Delta does on Oil revenue. The South West states currently receive more allocations from the center than the SE states simply coz they contribute more to the national commonwealth, simple. Can you present to me any verifiable data of the SE contribution to the the Nigerian commonwealth?

Every intelligent person knows that SW Nigeria, besides the enormous contribution it already making to the commonwealth, is a geological freak of nature in comparison to other regions in terms of untapped reserves of verifiable commercial quantity mineral resources with the potential of making the region one of the richest in Africa, if not the world -- http://www.thisdaylive.com/articles/the-case-for-solid-minerals-development/215779/.

Thank God again that Buhari has promised to accelerate the diversification of the economy all thanks to the oil slump (which is forecasted to persist into the foreseable future), finally we will hear word and know who the real parasites are without oil dependence.

Guy, I warn you though that if you continue on this your bad-belle path then your premature death will be certain. I know nothing would gladen your heart more than to believe your own fables about Yoruba dependence on oil money than other groups in Nigeria. You are still yet to answer my question about whether or not your own South East can survive without allocation, and you are cleverly refusing to tell us your SE contributions to the Nigerian commonwealth that can come close to rivaling the Yorubas'.

Again, I advice that you had better take it easy with your Yoruba obsession.

omenka:
K.O.

“The total global value of exporting raw cocoa is approximately $10 billion a year; the total value from chocolates alone, all made from cocoa, is over $100 billion a year, while the total value of all finished goods made from cocoa is estimated to be as high as $200 billion a year, all drawing from the same $10 billion raw cocoa beans produced.

PPAngel:


Anybody is free to choose whatever they want to believe but nobody can deny the truth.

chronique:
Yes but let's not forget that not everyone is intelligent enough to search for the truth themselves. Prior to the election,I found myself in a situation where I tried to explain certain things to a particular APC supporter. He said Jonathan ate 300 billion dollars and was angry and furious. I tried as hard as possible to explain that it must have been a wrong publication He was banking on but He was adamant about it and claimed it was the truth. I asked him to add up the funds in the foreign reserves when GEJ entered,the funds in the SWF account,our budgets for the period under which GEJ had ruled and tell me if it is half of the 300billion He's talking about... My point is that,such a person would have erroneously spread a wrong message that is capable of igniting hatred and causing strife. Those who read the 10 billion dollars cocoa story,didn't bother to find out how true it is.

Flyoruboy:


LOL. Guy, you are a jobless maggot. And your Yoruphobia will lead to your untimely death if you don't change course. Like I did in the other thread that spurned this one, your foolishness will still not change the fact that the SW adds the most to Nigeria's non-oil sector of the economy.
Imagine, you are using Ghana's figures to dispute Nigeria's own figures as quoted by GEJ's former Agric Mininster? ? Na so your hatred reach.

According to Adesina the former Agric Minister, Nigeria exported $10billion dollars worth of Cocoa last year (http://businessdayonline.com/2014/11/nigeria-exports-10bn-raw-cocoa-annually). More than 90% of that revenue emanated from the SW. That doesn't include other Agric export earnings (from Tobacco, Cashew, e.t.c) contributed by the region and generated as revenue for the Federal government. Now include the revenue generated from the air and seaports, as well as customs border posts, running into additional billions of dollars, all generated from the SW, also goes into the federal coffers -- and the region doesn't even receive any "13% derivation" from these earnings as the Niger Delta does on Oil revenue. The South West states currently receive more allocations from the center than the SE states simply coz they contribute more to the national commonwealth, simple. Can you present to me any verifiable data of the SE contribution to the the Nigerian commonwealth?

Every intelligent person knows that SW Nigeria, besides the enormous contribution it already making to the commonwealth, is a geological freak of nature in comparison to other regions in terms of untapped reserves of verifiable commercial quantity mineral resources with the potential of making the region one of the richest in Africa, if not the world -- http://www.thisdaylive.com/articles/the-case-for-solid-minerals-development/215779/.

Thank God again that Buhari has promised to accelerate the diversification of the economy all thanks to the oil slump (which is forecasted to persist into the foreseable future), finally we will hear word and know who the real parasites are without oil dependence.

Guy, I warn you though that if you continue on this your bad-belle path then your premature death will be certain. I know nothing would gladen your heart more than to believe your own fables about Yoruba dependence on oil money than other groups in Nigeria. You are still yet to answer my question about whether or not your own South East can survive without allocation, and you are cleverly refusing to tell us your SE contributions to the Nigerian commonwealth that can come close to rivaling the Yorubas'.

Again, I advice that you had better take it easy with your Yoruba obsession.

alphalpha:


Your post na BIG LIE
Your source na BIG LIE
your argument na BIG LIE

PPAngel:


Olofo.



This is what Adesina stated in that same source.

How come Nigeria which only contributes 4% of total raw cocoa production accounted for $10bn?

Keep decieving yourselves.


This is a chart of raw cocoa production which Adesina stated is worth $10bn

[img]http://newsarchive.medill.northwestern.edu/uploadedImages/News/Chicago/Images/Science/chocolate%20chart.jpg[/img]

Given Nigeria's global market share of 5% and total net worth of finished cocoa products at $200bn, Afesina stated that Nigeria accounted for $10bn of this total finished cocoa products.

So stop distorting the article to spur your deflated egos.

As things stand Nigeria only made $780million from raw cocoa exports.

With an estimated population of 50million in the SW, cocoa added $15 to annual GDP to the SW.

Now compare that to Bayelsa with a population of 800,000 and oil production of 600,000 barrels per day.

Even at $50 per barrel, Bayelsa would have earned $30 per citizen per day and over $12,000 per citizen per year which translates to approximately 3 million naira each for every man, woman, child in Bayelsa.

Now who is the poor waif?

You keep speaking of potential while in the SS we are already one step to realization.

All we need is to leave this useless country

vicenzo:
The Yorubas have been at the forefront of media false propaganda over a century now.
They have through their control of their media propagated and repeated lies over the decades, that we got used to those lies and started accepting them as the truth.

The sad truth for Yorubas is that the internet age is here, and none of the lies will be spared.

That reminds me, was Cocoa the major fund earner for the defunct Western region or was it the timbre and rubber of the Mid west. Dede1 once raised this point in the past, and I think it's a topic worth exploring.