JennieCutie4U:
where's the cashew na? how come I've not seen or eaten one since the last 6years ehn... all I see is the tiny cashew nuts they sell for 100 or 200 in Lagos traffic...which I don't even buy lol

postbox:
National Cashew Association of Nigeria (NCAN) says Nigeria has emerged fourth largest producer of cashew in the world.

The association said Nigeria produced 220,000 metric tonnes of cashew nuts out of World’s total of 2.1 million tonnes last year, adding that the country exported 120,000 metric tonnes in the year under review.

NCAN President, Tola Fasheru who stated this in Abuja, Thursday when he visited the Minister of State for Industry, Trade and Investment, Ms. Aisha Abubakar also revealed that cashew farmers in the country earned N123 billion ($402 million) from the export of cashew last year and between 2015 and 2017, earned $813.05m (N284.5bn) in foreign exchange from the exportation of cashew.

Fasheru called on the Federal Government to save the industry from collapse through initiatives such as the provision of incentives to farmers to expand their trade and protection of farms against encroachment from foreigners.

He also made other requests to the Federal Government to include the provision of N20 billion loans to the farmers to expand their trade, urgent need to address the persistent gridlock in Apapa, Lagos which affects exports and the provision of 2.6 million jute bags for bagging cashew nuts this year.

The NCAN boss noted that export earnings from cashew nuts have witnessed a steady increase in the last two years, rising from $ 152, 000,000 in 2015, to $259,000,000 in 2016 and $402, 050,000 in 2017.

He revealed that NCAN’s major trading partners are the Vietnam Cashew Association (Vinacas), African Cashew Alliance (ACA), USAID/NEXTT, while it also collaborates with the Cashew Export Promotion Council of India (CEPCI).

Fasheru commended efforts by the Federal Government towards making cashew a major revenue earner, adding that Nigerian cashew nuts are highly sought-after in the international markets.

In her remarks, Ms. Abubakar expressed Federal Government’s commitment towards supporting the cashew farmers.

She commended NCAN for its contributions to growing the cashew industry value chain and growth of the economy through job creation and foreign exchange earnings.

The minister promised that ministry would partner with other agencies in tackling the challenges facing the cashew farmers and exporters.


SOURCE: https://brandspurng.com/nigeria-emerges-worlds-4th-largest-cashew-producer-earned-n284b-3-years/
That good.. God bless Nigeria

jidxin:
But we are not seeing it's effect

maxtop:
We only here about the money in $ but it doesn't reflect on the economy. I wonder what they do with all the money.

usba:
Sad that ipob yoots will know no peace because of their love for horrible news and bloodshed.

Edopesin:
Can't Remember The Last Time I Saw One Not To Talk Of Eating!

mranova:
Choi!! This doesn't include the cashew wasting in my compound. How pesin fit tap into this cashew money na.

ignis:
When are we going to be number one?

LionDeLeo:
Gradually, we shall get there whether enemies of the state like it or not.

Whoever is pained can take a walk to the lagoon, then take a leap.

LionDeLeo:
Gradually, we shall get there whether enemies of the state like it or not.

Whoever is pained can take a walk to the lagoon, then take a leap.

KingsJohnson:
Gud evening fellow Nlers, pls we do have a friend dat was posted to Osun State for his one year service to the nation, but due to the fact that Osun falls under one of d dislodged state dis 2018, he is derefore forced to choose within Ondo or Ekiti and he has not been to an of the states and not even know how to find his way to the said states, so behalf of him, we will lyk to know from fellow Nairalanders:

Ondo and Ekiti State NYSC Orientation Camp, which is preferred

How do he find his way to Any if the above named states from Enugu

Which transport company will serve d purpose

Thank you all...

9jakohai:


It is good news...though better if we used the cashew to make industrial products that would generate TEN times more in revenue exported

slurity1:
Just take your time to gather the seeds and sundry like 3-5 times. call me on 08066984801 to buy. we pay per kg

basmur:
This cashsew has been one of the wonders of living in the village.. You are so blessed if you it plantation either by yourself or inherited...my village makes million of naira from this product yearly...it harvesting period is is probably another celebration season in the entirel village. It is indeed a CASH CRoP. GLory to the most high.