Examining Pre and Post-Liberalization Effect of Cocoa Production and Quality in Nigeria
14 Pages Posted: 3 May 2018
Date Written: November 16, 2015
The Nigerian cocoa industry has undergone the wave of policy effects which has impacted its output, and so far determined its position among prominent world cocoa producers and also once determined the faith of Nigeria as an agrarian economy in the 60s and 70s period. This study reviewed the policy characteristics and effects in the cocoa industry in Nigeria and among prominent cocoa producing countries. This was divided into pre-liberalization and post-liberalization era. The Ivorian and Indonesian system due to their position in world cocoa production, featured as a case study. It was discovered that their policy systems were not so much a super-duper, they also have vagaries of defects in their policy system, and thus did not rule out the Nigerian fully liberalized policy as bad, but was sufficient enough to point out the belligerent attitude of the Nigerian government towards creating the basic structures for a free market system to survive. The liberalized system is however characterized with decreasing output, poor quality, poor infrastructural facilities, poor market information, wider gap between the farmers and the market, too many middle men in the supply chain, increasing farmers’ vulnerabilities to middlemen amongst others. To basically meet the aim of liberalization, it was recommended that cocoa farmers should be empowered with information (production and marketing), inputs and infrastructures among others of which government has a cogent role to play.
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