Nigeria targets $600m on resumed export of Hibiscus flowers to Mexico

The Federal Government said on Thursday, the 4th of August, that Nigeria was targeting over $600m from its resumed export of Hibiscus flowers (Zoborodo) to Mexico.

Mohammed Abubakar, minister of agriculture and rural development, while speaking at a presidential media briefing in Abuja, said 15 containers of the natural product valued at $35m were already on their way to Mexico.

He recalled that the product which Nigerians were initially exporting to Mexico was stopped due to trade disputes. According to him, “the Mexican ambassador was in my office recently, and we resolved all the issues around the product export. So, we have resumed the export of Hibiscus flowers to Mexico.

The minister also revealed that Nigeria’s strategic food reserve now stands at 60,000MT of assorted food in over 17 silos under concession located in various parts of the country.

On jobs creation, Abubakar said about 3.6 million indirect jobs have been created from $1.113 billion (about N461.9bn) worth of externally funded projects being implemented by the present administration.

Read the complete article at businessday.ng 


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