Nigeria yesterday began to export yams to Europe and the United states, as part of moves to diversify its oil-dependent economy and earn much-needed foreign exchange.
Minister of Agriculture Audu Ogbeh flagged off the first consignment from the port in the country’s economic capital, Lagos.
He said charges on export produce would be reduced to encourage more overseas sales and greater competition.
Meanwhile, former President Olusegun Obasanjo has called on the leaders of the Economic Community of West African States (ECOWAS) to agree on common currency to boost the regional trade.
He made call at the ongoing 24th annual general meeting of the African Export-Import Bank (AFREXIM BANK) in Kigali.
He wondered why the adoption of a common currency with an already suggested name is being delayed