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Business Day

Nigeria’s $600 Million Cassava Opportunity

In Business Day , BCG’s Olayinka Majekodunmi highlights the untapped potential of Nigeria’s cassava sector, positioning high-quality cassava flour (HQCF) as a substitute for imported wheat in the bakery and snack industries. He estimates a $600 million market opportunity, with improved utilization of existing processing facilities. As global demand for cassava products rises, Majekodunmi underscores the need for Nigeria to close the supply gap and strengthen local manufacturing.