Adeleke noted that the council was informed that crude oil currently accounts for 80 per cent of Nigeria’s export revenue, while an estimated $50bn in annual agro-export potential remained unlocked, tied to compliance with International Ship and Port Facility Security code requirements across six major crops, including sesame, ginger, soybean and cashew.

He said council’s resolutions on the matter included prioritising full ISPS code compliance as a critical national economic and security objective, assuming full funding responsibility for ISPS infrastructure across seaports, inland dry ports and export corridors, and approving the establishment of a dedicated national agro-export board.

“Council directed the chairman of the Nigerian Agro Export Setup Committee to meet with the Minister of Digital and Blue Economy and the Export Promotion Council and fine-tune the proposal for further presentation,” Adeleke said.

Punch