Nigeria's President Bola Ahmed Tinubu has announced a six-month suspension on raw shea exports to boost local processing, job creation, and protect the shea value chain, predominantly benefiting women. This move aims to increase Nigeria's share in the $6.5 billion global shea market, currently capturing less than 1% despite producing nearly 40% of the world's supply. The initiative is part of the Renewed Hope Agenda, focusing on creating value domestically and competing globally. Vice President Kashim Shettima will lead efforts to expand processing capacity and ensure the reform brings lasting prosperity to farmers, women, and the nation.
Former Nigerian President Muhammadu Buhari Passes Away
Reports confirm the passing of former Nigerian President Muhammadu Buhari at the age of 80
During his lifetime, he held various notable positions, including President of Nigeria (2015-2023), Military
Head of State (1983-1985), Minister of Petroleum Resources, Governor of Borno State, and Chairman of the Petroleum Trust Fund. Tributes are pouring in for the late leader, reflecting on his contributions to Nigeria's development. May he rest in peace. (Word count adjusted for accuracy)