Friday, 18 May 2018

CASHEW EXPORT GENERATES N145BN FOR FARMERS AND EXPORTERS

As a result of value addition, farmers and exporters earned N145 billion (about $402 million) from export of cashew products in 2017, which shows that the value of Nigerian cashew has increased. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Speaking with newsmen, the President of the National Cashew Association (NCAN), Tola Faseru, said that cashew has made a lot of progress even when compare with other commodity in the country.

He added: “In 2011, our production was about 90,000 tonnes. As at 2018,  he figure rose to 22, 000 tonnes, which meant that the production was double compared with what it was between 2011 and 2017 despite issue of climate change and all of that. The earning has increased tremendously. The earning in 2011 was about $48 to $50 million annually. As at 2017, the earning was about $402 million.

“In 2011, we are talking about something within $300 and $500 per tonne but today, we are at about $1800 per tonne. That automatically means the farmers income has increased. So, the price experienced an upward trend in the marketability in the Nigerian cashew and acceptability across the world in the confidence we have created over the years.”

Hmmm!!! Folks, let us say the truth and shame the devil. Many Nigerian non-oil products exporters have been defrauded of huge amount of money in the process of exporting agricultural commodities and solid minerals to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

According to Faseru, cashew brand is presently gaining traction and referred to as the best at the international market, adding that the association is working with the Federal Ministry of Agriculture to further boost farmers’ productivity.

He said due to the progress being recorded in the cashew industry, farmers income has increased tremendously, adding that before now, farmers were making about 30,000 to 40,000 per tonne, today farmers can sell for about N350,000 per tonne.

He hinted that farmers are now properly drying and packaging their cashew nuts as a result of sensitization and training given to them, saying the process has helped to keep quality and peel-ability of the Nigerian cashew nuts.

He said, “Despite, Ivory coast cashew largely supported by their government, Nigerian cashew has proved to be far better than theirs now. Most of the initiatives we are doing now on cashew here is basically private sector driven. But in recent times, we are grateful that we are begining to see the readiness and willingness of government to support the sector.” (Sun)

Have you heard this? Many Nigerian exporters have been defrauded of huge amount of money in the process of exporting commodities to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, why don’t you get a practical manual that teaches the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers. It teaches export operations, export management, export documentations and methods of payment in export trade? It is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

Hmmm!!! Folks, have you ever imagined how the financial status of your firm will be when more than 20,000 CEOs and other key decision makers of blue-chip corporations pay for your products and services or even give you very juicy deals. The link below will tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html