About Us
Cocoa Association of Nigeria 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 organisations involved in cocoa, viz, International Cocoa Organisation, 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.
Cocoa Association of Nigeria 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.
Objectives:
Fostering Collaboration for Growth
Working with government and development partners to encourage the production of cocoa and improve the Nigerian cocoa value chain – moving Low value agriculture to high value manufacture Making cocoa production attractive – especially to the youth population.
Empowering Farmers
By fostering technology transfer, knowledge transfer, business development; supporting training and education of farmers on best cocoa farm practices, pest and diseases control processes among others all geared to helping them make choices that help develop strong, prosperous cocoa communities.
Promoting Knowledge and Development
By undertaking, promoting and encouraging scientific research aimed at improving the yield and quality of cocoa.
Promoting Economic and Social Development of the Nigeria Cocoa Industry
Providing a structured credit system for farmer, developing and institutionalizing a healthy cooperative society; supporting prudent informed reinvestment of financial resources
Information and Technology
Adopting new age technology to advance information and communication among farmers and all other partners in Nigerian cocoa industry
Market Regulation
Ensuring best market prices for Nigerian cocoa farmers through prudent market regulation, and investment in ICT driven information dissemination of real-time, global and national market prices.
Level Playing Field
Securing the most favourable arrangement for the purchase, grading, certification, sale and export of cocoa