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Nigeria: Cocoa farmers lament as prices fall by over 70%

Cocoa farmers in Ondo, Osun and Ekiti States have lamented the massive crash in cocoa bean prices, which they claimed has plunged many into financial despair, and cut deep into their livelihoods. The farmers, in separate interviews with the News Agency of Nigeria (NAN), claimed the price reversal, from boom to bust, has left many with significant debt and, in some cases, unable to find buyers for their harvests, resulting in depression and human…
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worldstagenews.com broke the news in on Sunday, March 22, 2026.
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