Cocoa Association of Nigeria (CAN) was established in 1986, and replaced the scrapped Nigeria Commodity Board (NCB). It was formed to meet the peculiar needs of cocoa farmers, stakeholders, development and others partners in ensuring the sustainability and development of the sector.
The Association is the private sector representative of Nigeria in all international organizations involved in cocoa, viz, International Cocoa Organization, Cocoa Producers Alliance, Common Fund for Commodities, etc.
Over the years it has prevailed on buyers of cocoa from Nigeria where issues have arisen bordering on quality, contract violations, trade regulations, government policies affecting cocoa marketing.
The Association initiated the setting up of the National Cocoa Development Committee under the administration of Chief Olusegun Obasanjo in 1999.
The seed money for the running of the NCDC also came from CAN through its members’ Cocoa Buffer Stock Fund which was domiciled in the Central Bank of Nigeria. It was also the first to pay its counterpart fund for the running of the NCDC and remains the only stakeholder group to do so.
The Association (CAN) is guided by a constitution registered with the Corporate Affairs Commission (CACN) as a Company Limited by Guarantee.