Nigeria has announced a six-month ban on the export of raw shea nuts, a crop essential to the global cosmetics sector. The directive, declared in late August by Vice President Kashim Shettima, aims to shift Nigeria from exporting raw material to supplying refined shea butter and related products. Several West African countries, including Burkina Faso, Mali, Togo, Ivory Coast, and Ghana, have enforced similar restrictions in recent years. Shea butter, obtained by pulverizing the nut, is a key component in lotions, shampoos, and moisturizers. Official data show that Nigeria provides 40 percent of the world’s shea nut supply but secures only 1 percent of the $6.5 billion market for finished shea goods, revealing a marked disparity. Authorities underlined that the ban is intended to boost domestic industry, create jobs, and support rural livelihoods rather than obstruct trade.

Government representatives explained that the measure coincided with the opening of a major shea butter processing plant in Niger State, described as one of the largest in Africa. Projections indicated that the ban could generate $300 million in the short term and expand to $3 billion by 2027. Analysts, however, argued that without substantial investment, Nigerian processors may struggle to absorb available supply, reducing the effectiveness of the initiative. A report from SBM Intelligence noted that the ban exposes a supply-gap dilemma, warning that additional infrastructure and industrial resilience are required. Observers also pointed out a paradox within trade governance, since President Bola Tinubu has promoted free-market reforms by floating the currency, removing subsidies, and reversing import bans. This divergence has raised debate about whether the ban will secure long-term competitiveness or face structural impediments.