• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Companies

World Cocoa Foundation, Palladium, Johnvents, and other Stakeholders Unite for  Joint Action Towards a Deforestation-Free Future

NM Partners by NM Partners
March 20, 2025
in Companies, Corporate Updates
World Cocoa Foundation, Palladium, Johnvents, and other Stakeholders Unite for  Joint Action Towards a Deforestation-Free Future
Share on FacebookShare on TwitterShare on Linkedin
  • The World Cocoa Foundation and partners launched the Deforestation-Free Cocoa Initiative (DFCI) in Ondo State to promote sustainable cocoa farming and forest preservation.
  • Stakeholders emphasized the need for tangible actions like traceability systems, farmer training, and climate-smart agricultural practices to achieve deforestation-free cocoa production.

World Cocoa Foundation (WCF), in partnership with Palladium, brought industry stakeholders to commit to a sustainable future for cocoa production.

The workshop which held on March 12th, in Akure, Ondo State, marked the beginning of the Deforestation-Free Cocoa Initiative (DFCI), a pivotal step towards preserving Nigeria’s forest cover and revitalizing cocoa farming practices.

Led by Dr. Mawuli Coffie, Country Director of World Cocoa Foundation, the workshop was the first phase of the Deforestation-Free Cocoa Initiative (DFCI) in Ondo State.

MoreStories

UBA set to unveil Whitepaper on Africa’s financial infrastructure 

Alawuba advocates security, bankable projects, infrastructure development to promote South-East vision 

February 7, 2026
Performance delivered: Finceptive redeems N3 billion Series 1 Commercial Paper

Performance delivered: Finceptive redeems N3 billion Series 1 Commercial Paper

February 7, 2026

The workshop convened a diverse array of stakeholders and partners like Palladium, Trace, Johnvents, and the state governments. With over 60% of forest cover lost in Cross River and Ondo States over two decades, the urgency for change is clear.

Dr Mawuli emphasised that achieving deforestation-free cocoa farming goes beyond policy dialogue; it requires firm commitment and tangible contributions from cocoa processors. He noted that companies must actively drive change by adopting traceability systems, investing in farmer education, and supporting community-based initiatives that foster sustainable farming. “Individual companies must invest in sustainability through traceability systems, farmer training, or community initiatives,” he stated.

He explained that companies can make a lasting difference by helping establish community resource centres, distributing improved cocoa seedlings and shade trees, and equipping farmers with the knowledge to adopt climate-smart practices.

Pointing to Johnvents Group as a key player, he added that “processors like Johnvents can take this further by integrating its traceability systems with national frameworks and ensuring its deforestation-free commitments link directly to the broader Deforestation-Free Cocoa Initiative (DFCI).” He noted that while processors hold a central position in driving sustainable change, meaningful progress can only be achieved through coordinated and inclusive efforts.

Johnvents Group, represented by Caroline Omotosho (Managing Director, Johnvents Industries) and Mr. Bamikole Sunday (Managing Director, Premium Cocoa Products Limited Ile Oluji), reaffirmed the group’s contribution to sourcing responsible cocoa. The group’s ongoing efforts align closely with the overarching objectives of the Deforestation-Free Cocoa Initiative (DFCI), focusing on mitigating deforestation while safeguarding the livelihoods of smallholder farmers.

Speaking at the workshop, Mrs. Omotosho highlighted Johnvents Industries’ proactive stance, stating, “In 2022, we launched our cocoa sustainability program: Nourished Crop, Better Farmer to align with the core principles of the Rainforest Alliance. Our mission is to enhance farmer livelihoods, uphold workers’ rights, preserve biodiversity, and combat climate change. Over the next decade, we aim to empower 150,000 farmers and restore 300,000 hectares of degraded farmland, ensuring long-term resilience and sustainability in the cocoa industry.”

“Our sustainability initiative is designed to comply with international benchmarks while directly improving farmers’ economic well-being. Through transparent tracking, we provide consumers and partners with the assurance that our certified cocoa is ethically sourced, with zero contribution to deforestation,” she stated.

Key recommendations from stakeholders highlighted the importance of rehabilitating moribund farms, establishing tree-based farm boundaries, and expanding regenerative agricultural practices. With a Memorandum of Understanding (MoU) set to be signed by March 20, 2025, between the World Cocoa Foundation (WCF), Propcorm+, and the governments of Cross River and Ondo States, the pathway to advancing sustainable cocoa farming in Nigeria is clearer than ever.

Tags: JohnventsPalladiumWorld Cocoa Foundation
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

Next Post
Tribunal sacks Governor Yusuf of Kano, declares APC’s Nasir Gawuna winner

Kano State Government awards N8.5 Billion contract for erosion control project 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics