Brief Product Description:

Soybean, (Glycine max), also called soja bean or soya bean, annual legume of the pea family (Fabaceae) and its edible seed. The soybean is economically the most important bean in the world, providing vegetable protein for millions of people and ingredients for hundreds of chemical products.

Production

• Soyabeans were introduced to Nigeria in 1908; The first export was in 1947.
• Improving quality and increasing yields
• 17 Producing States.
• Smallholders and commercial farmers.
• The crop is well- suited for Nigeria
• Soybean crop farming is spread equally between north and middle belt region.
• Nigeria’s soyabeans production is rising steadily spurred by favourable grower prices and high demand.

Trends

• Nigeria farmers through FMARD are making efforts at increasing production.
• Development of improved soybean varieties
• Soyabeans have an average protein content of 40%. It is more protein rich than any of the common vegetable or animal food sources found in Nigeria
• The Government supports the soyabean sector.

Did you know?

• Nigeria’s soya beans sector has an advantage of being a country that only allows the farming of Non-genetically modified organisms (non-GMO) which have a niche demand in global market.
• In Nigeria the crop can be grown successfully even with the use of low agricultural inputs.
• Nigeria’s demand for soya bean will keep growing at a brisk pace. It is estimated that the domestic soybean requirement will grow to 3,000-3,500 TMT by 2040.