Related Keywords: a window of opportunity, ajia Aisha Abubakar, disclosed Nigeria spent about $20 million, Government keen on developing the commodity, importation of jute bags, inspite potential of becoming net exporter of jute bags, Investment in kenaf, Kenaf an herbaceous plant, Nigerian Minister of State for Industry, trade and investment
The Minister of State for Industry, Trade and Investment, Hajia Aisha Abubakar at the inauguration of the Kenaf Producers, Processors and Marketers Association of Nigeria in her office on Tuesday in Abuja disclosed that Nigeria spent about $20 million (about N4 billon) on importation of jute bags in 2015.
She said the importation was in spite of the country’s potential of becoming a net exporter of jute bags and other derivatives of kenaf. Kenaf is an herbaceous plant with a wide range of food and non-food derivatives, which grows annually or biennially.
