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The United Kingdom’s recent decision to grant duty-free access to over 3,000 products from Nigeria under the Developing Countries Trading Scheme opens a transformative chapter for our nation’s export economy. Among Nigeria’s 36 states, Osun is uniquely positioned to seize this opportunity—thanks to our rich agricultural base, vibrant cultural industries, and the enabling reforms implemented by my administration.
In 2024, my administration launched a comprehensive Cocoa Revival Strategy, investing in plantation expansion and empowering over 10,000 smallholder farmers. Through improved seedlings, training programs, and mechanized equipment, we have already recorded a 20% increase in yields across pilot local government areas.These efforts make Osun a natural hub for investors in the cocoa value chain.
The late sage, Chief Obafemi Awolowo, famously used cocoa proceeds to fund monumental infrastructure and social development. We draw inspiration from that legacy. One example is Guruje IV chocolate, made from single-origin cocoa beans sourced from Eti-Oni—home to one of Nigeria’s oldest cocoa plantations, dating back to 1896.
This aligns with national efforts to curb Nigeria’s palm oil imports—currently exceeding 300,000 metric tonnes annually—and save valuable foreign exchange. With DCTS in place, Osun stands ready to export sustainably produced, traceable palm oil directly to the UK, where demand for ethical sourcing continues to rise.Under the DCTS, 99% of Nigerian exports are now eligible for tariff reductions or full tariff-free access to the UK market.
Our “Adire Wednesdays” policy has revived local pride and visibility, encouraging civil servants and public officials to wear indigenous fabrics weekly. I, along with members of my cabinet, proudly serve as ambassadors for this cultural renaissance.We must also acknowledge the unwavering support of the Deputy British High Commissioner, Mr. Johnny Baxter, who has been a true ally in fostering cultural diplomacy and inclusive trade.
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