Senator Muhammad Bima believes the shea butter sector in Nigeria holds significant potential to compete with the oil industry as a driver of economic growth if it receives adequate support from the Federal Government. Representing Niger South, Bima highlighted that Nigeria contributes 53 percent of the world’s shea butter output, underscoring the sector’s importance.
In an interview with journalists in Minna, Bima described the shea butter sector as a “goldmine waiting to be tapped,” noting Nigeria’s position as the largest producer of shea nuts globally. He emphasized that tapping into this resource could diversify the economy and create wealth for citizens.
The global market for shea butter was valued at $2.17 billion in 2022 and is projected to grow at an annual rate of 7.1 percent from 2023 to 2030. Bima stated, “The shea butter sector has the potential to generate wealth and employment opportunities for many people, but it was previously neglected until I began my advocacy during the 9th Assembly.”
He noted that many farmers in Niger State have begun engaging in commercial farming of shea butter trees, particularly in his senatorial district, due to his advocacy efforts. “The shea butter produced from shea nuts serves various purposes, from domestic essentials to industrial ingredients, and is highly sought after by global cosmetics companies for its moisturizing properties,” he added.
Bima also commended President Bola Tinubu for supporting agricultural development initiatives by Governor Mohammed Umar Bago, aimed at enhancing food production in Niger State.
