President Bola Tinubu has approved a six-month ban on the export of raw shea nuts to encourage local processing, stop illegal trade, and boost Nigeria’s earnings from the multi-billion-dollar global shea market.
Vice President Kashim Shettima, who made the announcement at a stakeholders’ forum in Abuja, said the aim is to transform Nigeria’s shea industry into a $300 million-a-year business. He noted that while Nigeria is the world’s largest producer—accounting for nearly 40 percent of supply—the country benefits very little, taking in less than one percent of the $6.5 billion global market.
“We produce more than 350,000 metric tonnes every year, but our factories run below capacity while most of the nuts are smuggled out. This decision will ensure the benefits stay here, creating jobs and supporting women who dominate the trade,” Shettima said.
According to government data, over 90,000 metric tonnes of shea nuts leave Nigeria informally each year. By restricting raw exports, authorities hope to redirect the produce to local processors who can add value through shea butter, oil, and cosmetics. Neighboring countries like Ghana, Mali, and Burkina Faso already have similar policies to protect their industries.
Agriculture Minister Abubakar Kyari explained that Nigeria’s shea sector could become a global leader by 2030, with the potential to tap into a market projected at $9 billion. With more than five million hectares of shea trees, Nigeria has both the volume and advantage to dominate value-added exports.
Tinubu, during his current visit to Brazil, also secured deals that will give Nigerian shea products preferential access to the Brazilian market within the next three months, boosting trade opportunities.
For millions of rural women, shea nuts are more than a commodity—they are a source of income and empowerment. Used in food, skincare, and medicine, shea products remain in high demand worldwide.
“This is about building industries, empowering women, and positioning Nigeria as a global leader,” Shettima said.
Analysts believe if Nigeria successfully shifts from exporting raw nuts to finished products, it could secure a much bigger share of the booming global shea economy.
