Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,150,587 members, 7,809,124 topics. Date: Friday, 26 April 2024 at 12:15 AM |
Nairaland Forum / Nairaland / General / Business / Nigeria’s Cashew Export Hits N49.7bn (629 Views)
Igho Sanomi Named In Alison-Madueke & Kola Aluko's $1.7bn Fraud / 23 Banks Got N28.7bn Inflows From Dubious MMM Transactions. / Nigeria Targets N138bn Annual Income From Cashew Export (2) (3) (4)
(1) (Reply)
Nigeria’s Cashew Export Hits N49.7bn by lakecan(m): 6:08pm On Dec 31, 2015 |
Nigeria is making a fortune from cashew export as annual revenue earned from the commodity now stands at $250 million (about N49.7 billion). cashew The President, National Cashew Association of Nigeria (NCAN), Pastor Tola Faseru, who disclosed this at a logistics meeting in Lagos recently said the average export price goes up yearly with increased demand coming from consuming nations. Faseru, who revealed that Vietnam and India remain Nigeria’s largest buyers, further said that globally, stocks of nuts, including cashew, in North America and Europe have been low, while demand has continued to increase. “This offers good prospects for Nigeria’s cashew industry this year,” he said. The industry, according to him, is expected to earn $250 million from the export of 180,000 tonnes of cashew nut. He said global demand for its nut has been forecast to go up, even as he urged exporters to pay more attention to improve product quality and ensure excellent hygiene and unrivalled food safety standards to boost exports. He said the cashew industry has developed in recent years and focused on improving technologies. Faseru said the industry wants to increase cashew cultivation area, nationwide to produce 500,000 tonnes by 2020. The NCAN boss said the association was working with farmers and the government to develop cashew growing areas and give technical support to farmers to help them increase profits. READ MORE: http://emiratenews.com.ng/nigerias-cashew-export-hits-n49-7bn/ |
Re: Nigeria’s Cashew Export Hits N49.7bn by mostyg(m): 6:25pm On Dec 31, 2015 |
Interesting |
Re: Nigeria’s Cashew Export Hits N49.7bn by EXPORTFINANCE: 9:48am On Apr 08, 2016 |
I need cashew nuts in stock only!...load and pay basis only!!...call 08026225888 wattzapp: 08077881934 |
(1) (Reply)
You Can Look At Them, Smile And Say "Thank You". Could This Guy Be Right? / Nigerian Banks Begin Charging Of N50 NIPOST Levy For Bank Transactions / A Fun Lesson In Contract Law
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |