This dramatic rise positions Nigeria as a key player in Russia’s expanding agricultural trade with Africa.
The investment will involve the development of a 5,000-hectare estate.
In a country where the minimum wage is ₦70,000 (approximately $50) per month, rising inflation has forced many Nigerians to prioritize their spending.
The appeal was made during a courtesy visit by RMRDC Director General, Nnanyelugo Ike-Muonso in preparation for the upcoming Africa Raw Materials Summit scheduled for May 2025.
The products being introduced under the Pocco brand, reflect the potential of Nigeria’s agricultural sector.