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China-Africa Trade Information Service
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It is reported that the Nigerian company Honeyflow Africa has developed a monitoring system that allows beekeepers to monitor their urticaria. This monitoring system consists of a set of sensors that provide information to the smartphone application, allowing beekeepers to remotely monitor their hives.
In a report by the officials of the Federal Ministry of Agriculture and Development, Nigerian Export Promotion Council and apiculture (beekeeping) experts, Nigeria consumes about 400,000 tonnes of honey annually but produces less than 10 percent of its total consumption. This can only mean one thing, that the importation of honey is high.
Experts in the field believe that Nigeria's honey industry has the potential to grow. Honey is the most popular natural sweetener in the world and the global trade in bee products is increasing. Due to its diverse use, the worldwide consumption of honey is so huge that supply can barely cope with demand.
Africa consumes more than three times the amount of honey it produces. Apart from Ethiopia, Kenya and Tanzania which produce most of the continent’s honey, other large markets like Nigeria and South Africa have a lot of unmet demand for bee products.
In 2017, Mr David Musa, the team leader, USAID BeeKeeping Pollination Project said that Nigeria can generate over 10 billion dollars from local and international trade in honey and other hive products.