Despite the setback in the Nigerian agricultural sector’s development and its declining cocoa production in recent years, the nation still has potential to regain its production capacities in the cocoa sub-sector. In fact, cocoa farmers included in the study, across their gender disaggregation, opined that cocoa farming still has a bright future in the study area if attendant challenges are promptly addressed, because the interest and drive to expand production still exists among farmers. Thus, this paper explores the issues and prospects around cocoa commercialisation in southwestern Nigeria.