{"id":178879,"date":"2025-09-14T19:43:12","date_gmt":"2025-09-14T18:43:12","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/shea-nut-price-collapses-amid-nigerian-export-ban"},"modified":"2025-09-14T20:47:42","modified_gmt":"2025-09-14T19:47:42","slug":"shea-nut-price-collapses-amid-nigerian-export-ban","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban","title":{"rendered":"Shea Nut Price Collapses Amid Nigerian Export Ban"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Centre for the Promotion of Private Enterprise said the price of shea nuts have crashed by 30 per cent after the export ban imposed by the Nigerian government.<\/p>\n

The Director of CPPE, Muda Yusuf, disclosed this in a statement on Sunday.<\/p>\n

This comes as the federal government banned the export of shea nuts for six months in Nigeria.<\/p>\n

Reacting, CPPE said though the policy is aimed at boosting the domestic value chain and driving Nigeria\u2019s industrialisation, the instantaneous implementation has created<\/p>\n

Severe disruptions in the shea nut value chain, hurting farmers, aggregators, exporters, and logistics providers.<\/p>\n

According to CPPE, it should rather adopt a phased transition approach and introduce clear timelines for phasing out raw exports, allowing businesses to adjust operations.<\/p>\n

\u201cMarket Disruptions and Price Collapse<\/p>\n

Shea nut prices have fallen by over 30% since the ban, eroding incomes of farmers and aggregators.<\/p>\n

\u201cExisting export contracts face potential default, exposing exporters to legal and reputational risks.\u201d<\/p>\n

\u201cProtect Primary Producers: Ensure farmers capture fair market value for their produce, sustaining rural livelihoods and incentivising production.<\/p>\n

\u201cAvoid policies that force primary producers to subsidise processors indirectly,\u201d CPPE stated.<\/p>\n

DAILY POST reports that suppliers of shea nuts in Niger and Kogi States have continued to lament the drop in prices after the products\u2019 export ban took effect on August 26th, 2025.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Centre for the Promotion of Private Enterprise said the price of shea nuts have crashed by 30 per cent after the export ban imposed by the Nigerian government. The Director of CPPE, Muda Yusuf, disclosed this in a statement on Sunday. This comes as the federal government banned the export of […]<\/p>\n","protected":false},"author":84,"featured_media":178878,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[10783,254,18734],"class_list":["post-178879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-cppe","tag-nigeria","tag-shea-nut"],"yoast_head":"\nShea Nut Price Collapses Amid Nigerian Export Ban - Nigeria<\/title>\n<meta name=\"description\" content=\"The Centre for the Promotion of Private Enterprise said the price of shea nuts have crashed by 30 per cent after the exp ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shea Nut Price Collapses Amid Nigerian Export Ban\" \/>\n<meta property=\"og:description\" content=\"The Centre for the Promotion of Private Enterprise said the price of shea nuts have crashed by 30 per cent after the exp ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-14T18:43:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-14T19:47:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1757866846.230986.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"418\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Shea Nut Price Collapses Amid Nigerian Export Ban\",\"datePublished\":\"2025-09-14T18:43:12+00:00\",\"dateModified\":\"2025-09-14T19:47:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban\"},\"wordCount\":237,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1757866846.230986.jpg\",\"keywords\":[\"CPPE\",\"Nigeria\",\"Shea nut\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/shea-nut-price-collapses-amid-nigerian-export-ban\",\"name\":\"Shea Nut Price Collapses Amid Nigerian Export Ban - 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