Wow!!! In case you do not know, Nigeria
is capable of earning over $200 million
(N72billion) yearly from cashew nuts export. This was made known by cashew export
stakeholders. That is why you should start cashew export business today and be
part of Nigerian exporters that earn that staggering amount of money every
year.
The stakeholders made this assertion at
the Cashew Stakeholders Export Summit
in Abuja. They listed the factors
affecting export to include poor link between actors in the value chain, old
age of most trees, deforestation, low-yielding varieties, dominance of small
holdings and dependence of most farmers on wild varieties.
They also listed land acquisition
problems, high cost of inputs, climatic conditions, disease, pest and fire
outbreaks, high post-harvest losses, infrastructural constraints, quality and
unstable market conditions and lack of access to adequate financing as the
factors affecting export.
The Minister of Agriculture and Rural
Development, Alhaji Sabo Nanono, who
was represented by Hajiya Karima
Babangida, said the government was aware of the challenges facing the
cultivation and processing of cashew and promised that drastic action would be
taken to address them.
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