- Cameroon’s cocoa smuggling to Nigeria costs the country nearly $380 million in lost revenue
- Government efforts to curb illegal trade face challenges from ongoing conflict and local corruption
Yaoundé, Cameroon – The illicit trade of Cameroonian cocoa beans to Nigeria, once limited to small cross-border exchanges by villagers, has expanded significantly, costing the country customs duties and foreign exchange earnings, according to Cameroon’s cocoa regulator.
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