FINANCING OPTIONS FOR THE NIGERIAN COTTON INDUSTRY

Аннотация

Nigeria produces a wide range of agricultural commodities, which could serve as raw material for industrial production in Europe. Asia and Latin America. Top on the list of the agricultural commodities produced in Nigeria are Cocoa, cotton, Accha, Soya beans, Sorghum, Maize, Cassava, Gum Arabic, Ginger, Sesame Seeds, Sheanuts, Cashew Nuts and Cowpea. White tree crops such as cocoa and cashew nuts are produced in the southern part of the country, cereal crops such as cowpea, Soya beans, Sorghum, Maize, Sesame Seeds, Ginger, Gum Arabic, Shea Nuts and cotton (which is the focus of this seminar) are produced in the savannah belt in Nigerian. With the federal government’s current initiatives aimed at increasing output in the agricultural sector, additional volumes of agricultural produce are available for domestic and industrial uses as well as external trade. KEYWORDS Financing, Industry, Option, Cotton, Nigeria, Export.