Charcoal provides a low-cost method of cooking for local communities around the developing part of the world. It alternatively represents more than 80% of the total energy used in preparing household meals in Africa.
Nigeria currently ranks second to Brazil in the production of charcoal. Most western countries prefer Nigeria’s charcoal because Nigeria is rich in tropical hardwood, which burns hotter and slower. Even though Charcoal is an old source of energy, Nigeria currently exports 380,000 metric tonnes of charcoal annually.
With a large charcoal market existing in Europe, America, & Asia, its global worth continues to retain a multi-billion Dollar value.