₦airaland Forum

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.

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.

For Full Stories: https://thechangetrend.com/nigeria-emerges-worlds-4th-largest-cashew-producer/

sunyprofit:
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.

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.

For Full Stories: https://thechangetrend.com/nigeria-emerges-worlds-4th-largest-cashew-producer/

Wow!!! Congratulations to Nigerians!!! We advice more Nigerians to go into cashew nut exportation. It is obvious that it is very profitable. Before you do that, you must master the contemporary dynamics of export trade to avoid getting defrauded by the foreign buyers of your cashew nuts. Click on the first link on my signature for details. Good luck!!!