Economy of Nigeria of 5%. By 2012, expenditures stood at $31.61 billion, while revenues was $54.48 billion. Nigeria ranks sixth worldwide and first in Africa in farm output. The sector accounts for about 18% of GDP and almost one-third of employment. Nigeria has 19 million head of cattle, the largest in Africa. Though Nigeria is no longer a major exporter, due to local consumer boom, it is still a major producer of many agricultural products, including: cocoa, groundnuts (peanuts), rubber, and palm oil. Cocoa production, mostly from obsolete varieties and overage trees has increased from around 180,000 tons annually to 350,000 tons. Major
Ebro Foods which engages in the research and development of new functional food products. It has a biofuel production joint venture with Abengoa. The company's shares are listed on the Bolsa de Madrid. Ebro Foods Ebro Foods, S.A. (; ), formerly Ebro Puleva, is the leading company in the Spanish food processing sector. Ebro Foods is the world's largest traders/miller of rice and the second biggest producer of pasta (its Panzani brand is a market leader in France). The company's head office is in Madrid. In 2005, Ebro Foods sold Catesa Foods for $37.9m. Catesa Foods specializes in tropical fruits, flowers, and