Nigeria Halts Cocoa Trading for Gubernational Elections


Read audio

IBADAN, Nigeria-Cocoa trading will be suspended in Nigeria on Saturday while governorship and state assembly elections are held nationwide, traders and exporters said Friday.

Governorship elections will be held in 28 of the country’s 36 states–governorship polls are held off season in eight states–while state house of assembly members are to be elected in all 36 states, according to the Independent National Electoral Commission.

Commercial banks and other financial institutions, cocoa grading and trading centers, petrol stations, supermarkets and goods markets will be closed for the elections, said a cocoa trader.

He said cocoa transportation to grading centers and warehouses of exporters and to the ports will also be suspended for the elections adding that police have restricted the movement of public and private vehicles until the end of polling at 18:00 GMT.

Mahmood Yakubu, chairman of the INEC, said 93.4 million voters have been registered to participate in the elections.

The presidential and national assembly elections were held in Nigeria on Feb. 25.

Emman Tochi
Emman Tochi
Emma Tochi is Naija247news Media Northern Bureau Chief, he's based in FCT Abuja. He overseas the northern operations of this business media

Share post:




More like this

EFCC under Bawa has become a cesspool of internal corruption

*158 Anti-Corruption CSOs, activists tells Buhari: *Rule of law: National...

Air Peace plans nonstop flights to Isreal in April

JERUSALEM, March 26 - Israel's transport minister on Sunday...

Saka Shines As England Daze Ukraine

  Bukayo Saka scored one and assisted the other for...

Several Rendered Homeless as rainstorm wreaks Havoc in Kogi.

March 26, 2023. Azonuchechi Chukwu. A rainstorm has rendered residents of...