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Association says charcoal is untapped goldmine

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Alhaji Ibrahim Ayeriyina, the National President of Charcoal Development Association of Nigeria (CDAN), has described charcoal as an untapped goldmine.


Ibrahim, who made the revelation in an interview with the Nigeria News Agency , in Iseyin on Monday, advised government at all levels to show interest in the business of charcoal across the country.

“Charcoal is a very good business and can help to stabilise our foreign exchange if our government will develop policies and provide assistance that will enable the development of charcoal.

“We need government intervention in the areas of loans, infrastructure, revolving loans among others. Most of our members export the product and this is a means of foreign exchange.

“Sometimes, our product stays for so long at the exit point of the port and at times four months before it is exported out of the country,” he said.

The charcoal expert also said that the product was in demand in so many countries around the world, adding that all hands must be on deck to ensure the development of the product.

Ibro/

Edited By: Nick Nicholas/Grace Yussuf

 



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Grace Yussuf: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

Contact US: editor @nnn.com.ng, nnnnews247 @gmail.com

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