Stats: 3,190,847 members, 7,942,125 topics. Date: Friday, 06 September 2024 at 08:55 PM |
Nairaland Forum / Nairaland / General / Business / Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion (14016 Views)
Indian Billionaire Gautam Adani Becomes World’s 4th Richest Ahead Of Bill Gates / Nigeria Emerges As Paxful’s Biggest Market Hits $1.5 Billion In Volume / Nigeria Emerges Host Of 2018 Afreximbank AGM (2) (3) (4)
Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by postbox: 7:03pm On Jan 15, 2018 |
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/ 7 Likes
|
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by LionDeLeo: 7:04pm On Jan 15, 2018 |
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. 47 Likes 2 Shares |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by basmur(m): 7:45pm On Jan 15, 2018 |
This cashsew has been one of the wonders of living in the village.. You are so blessed if you have it plantation either by yourself or inherited...my village makes million of naira from this product yearly...it harvesting period is probably another celebration season in the entire village. It is indeed a CASH CRoP. Glory to the Most High. 49 Likes 2 Shares |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by BrandSpurNG: 7:07am On Jan 16, 2018 |
cool |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Nobody: 7:35am On Jan 16, 2018 |
Thumbs up. Good development. In other news.... Just this morning the keke I entered jammed A Range Rover From Behind All Of Us, Including The Driver Ran Away! 31 Likes 5 Shares |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by ignis: 7:35am On Jan 16, 2018 |
When are we going to be number one? 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Edopesin: 7:36am On Jan 16, 2018 |
Can't Remember The Last Time I Saw One Not To Talk Of Eating! 6 Likes 1 Share |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Nobody: 7:36am On Jan 16, 2018 |
NCAN. Lol. It has a much different meaning on here ![]() 11 Likes 2 Shares |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Distevo(m): 7:36am On Jan 16, 2018 |
How does that devalues dollar ![]() 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by CaptainGOOD: 7:36am On Jan 16, 2018 |
good news at last from $h!thole |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by chiefolododo(m): 7:36am On Jan 16, 2018 |
Only if we are saying d truth. In this Buhari's regime, anybody can lie. 4 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by MrRhymes101(m): 7:36am On Jan 16, 2018 |
My money o! All the ones I bought in traffic... wedding MC |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by jidxin(m): 7:37am On Jan 16, 2018 |
But we are not seeing it's effect 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Proudlyngwa(m): 7:37am On Jan 16, 2018 |
This is one thing, Kogi state is blessed with 4 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by akeentech(m): 7:37am On Jan 16, 2018 |
All this Paper talk 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by bjayx: 7:38am On Jan 16, 2018 |
Nice one 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Celestyn8213: 7:38am On Jan 16, 2018 |
That is good to hear, but meanwhile the nut is scarce and expensive. |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by niggi4life(m): 7:38am On Jan 16, 2018 |
Where d money dey? Where e dey go? Persin go just dey hear figures up and down... Nonsense!!! 7 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Nobody: 7:39am On Jan 16, 2018 |
LionDeLeo: It is good news...though better if we used the cashew to make industrial products that would generate TEN times more in revenue exported 6 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Alexk2(m): 7:39am On Jan 16, 2018 |
This is absolutely believable with the way hunger drove people out there and some went as far as picking/stealing the nuts from others plantations. It's a good development; it shows we'll gain Much more from this pain; it's all working together for the general good of our country. 2 Likes 1 Share |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by abokibuhari: 7:39am On Jan 16, 2018 |
Proudlyngwa:With the cursed governor that love rice ![]() 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by DieBuhari: 7:39am On Jan 16, 2018 |
basmur:I guess you are an Igala. They are make crazy money from cashew there, February to May 6 Likes 1 Share |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by morikee: 7:40am On Jan 16, 2018 |
Good News if it is true |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by usba: 7:40am On Jan 16, 2018 |
Sad that ipob yoots will know no peace because of their love for horrible news and bloodshed. 3 Likes 1 Share |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by maxtop(m): 7:41am On Jan 16, 2018 |
We only here about the money in $ but it doesn't reflect on the economy. I wonder what they do with all the money. 2 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by eleojo23: 7:42am On Jan 16, 2018 |
postbox: This is the real NCAN and not the fake Name Checkers Association of Nairaland 2 Likes 1 Share |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by JennieCutie4U(f): 7:43am On Jan 16, 2018 |
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 |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Felixalex(m): 7:43am On Jan 16, 2018 |
usba: Sir allow "ipob yoots" n face ur business Na (if u have any) Stop making making it seem like "ipob yoots" give u sleepless nights or nightmares. We focus our youthfull energies into these stupidities of online tribal wars n let the old men keep misruling us (tho u don't see them as misruling us sha) 6 Likes |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by eleojo23: 7:44am On Jan 16, 2018 |
postbox: |
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by straighttalk(m): 7:44am On Jan 16, 2018 |
Baba's efforts 're paying off. With patience, our position among the committee of nations is assured. 7 Likes
|
Re: Nigeria Emerges World’s 4th Largest Cashew Producer, Earned N284billion by Nobody: 7:44am On Jan 16, 2018 |
Naija dey like titles yet it’s still a shithole |
Where Can I Get Polyethylene LDPE / Central Bank Of Kenya Says Flutterwave And Chipper Cash Are Not Licensed / Bet9ja Site Is Down, What Is Wrong???
(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. 25 |