The federal government plans to establish cashew processing facilities in four states in order to add value to the products and create employment and prosperity in the country.

Chief Minister Audu Ogbeh, Minister of Agriculture and Rural Development, said in an interview with the Nigeria News Agency (NAN) in Abuja. Ogbeh said the move would also reduce the waste of cashews and delay the export of raw nuts from the country.

According to him, we are currently wasting an estimated 8 million tons of cashews every year.
He said that the long-term solution to the delay in the export and storage of cashews in ports is for Nigeria to be an exporter of finished
products and not of raw materials.

Ogbeh listed the states where the plants would be installed to include Enugu, Benue, Kogi and Oyo.

"The challenge is usually access to credit because a good line of cashew processing will cost around two million dollars to do something like 10 to 20 tons per day.We aim to establish at least one plant each in Enugu and Benue , two plants each in the states of Kogi and Oyo, these are the main producers of cashew now.

"We want to assure those interested in the cashew that in our next level activities, we intend to stop the export of raw nuts and process all our cashew nuts here and we hope, by the grace of God, to have one or two plants ready before next year.

"We're talking to Brazilians now, we want to bring machines from Brazil to process the cashew fruit in juice that has a high vitamin C content.

"It's very good for our health because we are currently losing approximately eight million tons of cashew nuts per year, throwing them away," he said.

Ogbeh added: "That's what the West African Cashew Association told me, only in Nigeria, that we wasted eight million tons.

"This is our concern, we are very concerned with this development, but later in the year, I will have a meeting with the producers of cashew nuts and the farmers' association to sit down with the CBN and get help."

The minister, who lamented that the country has been a major importer of goods and services, said the government is determined to change the trend.

"The challenge that Nigeria faces is that we have been an importing nation that has destroyed our economy.

"We want to change now and become a nation of exporters.

"We have to find unorthodox ways to find capital for those who want to grow these industries because, on their own, they can not meet the conditions of banks and financial institutions.

"It is impossible for them to raise the necessary capital, which is why the CBN initiatives are very important for us, we have been working with them and we are achieving results."

"The treasure of Nigeria, including the CBN, has to find a way to overcome obstacles, mountains, rivers, blocking our path to industrial growth.

"If not, we will remain perpetually poor and permanently unable to create wealth and create jobs for our people," he said.
Source:
https://gab360gist..com/2019/03/fg-will-set-up-cashew-processing.html#more
[img]https://3.bp..com/-hJZuP6tlyJY/XKCnxdL7YrI/AAAAAAAAAFE/bX3J9s4W6403DSVkIRwkiStODzbDfKYVQCLcBGAs/s320/ogbeh.jpg[/img]

great achievement if they can

Ogbeh... where is my pizza I ordered from London via British airline?

By the way Kogi, Benue, Enugu are all sharing common border. I doubt if this is an even distribution.

amaniro:
By the way Kogi, Benue, Enugu are all sharing common border. I doubt if this is an even distribution.

these are states with larger cashew production.

Hmmmmm nothing pays more than agriculture

Nigeria a country claiming to be exporting yam and vegetables but find it hard to have it all year round in the country. I believe before we start exporting it these products should be available well in the country that the price will remain constant all year round.

How many time do u want to post this dry news?

Govt has no business setting up cashew processing industries. Private businesses should be encouraged to do it with tax incentives.

amaniro:
Ogbeh... where is my pizza I ordered from London via British airline?

I wonder how many times they will push this to FP.

This is Encouraging I hope implantation starts ASAP.... I am open for business

Remove kogi and Oyo state, Muslim States and add Edo and anambra

Hope the children of hates and IPODpigs will be willing to accept this development and good initiative from their so called enemy Buhari!!

welcome development

It should be in partnership with private people.

Binikingdowm:
Remove kogi and Oyo state, Muslim States and add Edo and anambra

meaning

You can imagine the value chain or multiplier effect if FGN stays true to this promise and if it is not one of those mirage and airy promises.

Cool

Na only Saturday and Sunday dis one dey talk

Binikingdowm:
Remove kogi and Oyo state, Muslim States and add Edo and anambra

When will all these rubbish stop..

sammyj:
Hope the children of hates and IPODpigs will be willing to accept this development and good initiative from their so called enemy Buhari!!

We have been doing cashew business in Igbo land so FG is coming late.

Nothing to make noise about it so shut up

Cashew is on high demand so i wonder how FG will get the one to process. Don't joke with igbos on business. We are far ahead of the FG and the rest of you.

W

Great... I think this guy deserve a second term what do you think guys

amaniro:
By the way Kogi, Benue, Enugu are all sharing common border. I doubt if this is an even distribution.

No be were cashew dey, dem go locate plant?

amaniro:
Ogbeh... where is my pizza I ordered from London via British airline?

The Waterfront, Plot 5, Oyinkan
Abayomi Drive
Lagos - Ikoyi
Nigeria

That's the BA office in lagos. You can go there and lat any complaints. Ogbeh doesnt work for/with BA, and neither does he regulate their activities. Ehrn you get your answers, thank me later!

Seetto:

When will all these rubbish stop..

are they not Muslim states?

Gabkid40:

The federal government plans to establish cashew processing facilities in four states in order to add value to the products and create employment and prosperity in the country.



Chief Minister Audu Ogbeh, Minister of Agriculture and Rural Development, said in an interview with the Nigeria News Agency (NAN) in Abuja. Ogbeh said the move would also reduce the waste of cashews and delay the export of raw nuts from the country.



According to him, we are currently wasting an estimated 8 million tons of cashews every year.

He said that the long-term solution to the delay in the export and storage of cashews in ports is for Nigeria to be an exporter of finished

products and not of raw materials.



Ogbeh listed the states where the plants would be installed to include Enugu, Benue, Kogi and Oyo.



"The challenge is usually access to credit because a good line of cashew processing will cost around two million dollars to do something like 10 to 20 tons per day.We aim to establish at least one plant each in Enugu and Benue , two plants each in the states of Kogi and Oyo, these are the main producers of cashew now.



"We want to assure those interested in the cashew that in our next level activities, we intend to stop the export of raw nuts and process all our cashew nuts here and we hope, by the grace of God, to have one or two plants ready before next year.



"We're talking to Brazilians now, we want to bring machines from Brazil to process the cashew fruit in juice that has a high vitamin C content.



"It's very good for our health because we are currently losing approximately eight million tons of cashew nuts per year, throwing them away," he said.



Ogbeh added: "That's what the West African Cashew Association told me, only in Nigeria, that we wasted eight million tons.



"This is our concern, we are very concerned with this development, but later in the year, I will have a meeting with the producers of cashew nuts and the farmers' association to sit down with the CBN and get help."



The minister, who lamented that the country has been a major importer of goods and services, said the government is determined to change the trend.



"The challenge that Nigeria faces is that we have been an importing nation that has destroyed our economy.



"We want to change now and become a nation of exporters.



"We have to find unorthodox ways to find capital for those who want to grow these industries because, on their own, they can not meet the conditions of banks and financial institutions.



"It is impossible for them to raise the necessary capital, which is why the CBN initiatives are very important for us, we have been working with them and we are achieving results."



"The treasure of Nigeria, including the CBN, has to find a way to overcome obstacles, mountains, rivers, blocking our path to industrial growth.



"If not, we will remain perpetually poor and permanently unable to create wealth and create jobs for our people," he said.

Source:


https://gab360gist..com/2019/03/fg-will-set-up-cashew-processing.html#more

Nice.
TIL there is a West African Cashew Association

Binikingdowm:
are they not Muslim states?

You are such disgusting and hopelessly foolish, your religion bigotry mindset no get part 2,

May God help you.

Audu ogbe has a cashew plantation in his village
efugo otukpa in ogbadibo LGA. all this selfish politifian is only God that will judge them.

Federal government taking this bold steps, what is the role of these state government in industrializing their state

Seetto:


You are such disgusting and hopelessly foolish, your religion bigotry mindset no get part 2,

May God help you.

What's this one yarning about

always sharping mouth with nothing to show.foolish man,just talking to the brazilians now, and the plants will be ready next year.liars .