Nigeria to supply 130,000 tonnes of roasted cashew nuts to US



The Minister of Agriculture and Rural Development, Audu Ogbeh, has said Nigeria is set to supply 130,000 tonnes of roasted cashew nuts to the Walmart Super Market chain in the United States of America. He said the 130,000 cashew is valued at $7 billion.

Chief Ogbeh said the US firm came to Nigeria to request for 130,000 tonnes of roasted cashew nuts and their demand is 130,000 tonnes of cashew nuts per annum, with a total value of $7 billion. “We are in conversations with Walmart, the biggest supermarket chain in the US. They came here and asked us to roast cashew nuts for them.

“What Nigeria currently does is ship the nuts to Vietnam, which in turn roasts and sell to the US. This year, we are going to create six cashew processing factories in Nigeria, each to be cited in Enugu, Imo, Benue, Kogi, Kwara and Oyo states. These are the cashew belts for now. These options are coming now because Nigeria is beginning to focus on non-oil export.”

Meanwhile, a recent data from the National Cashew Association of Nigeria (NCAN) shows that Nigeria exported a total of 160,000 metric tonnes of raw cashew valued at $300 million in 2016. This figure was far behind what farmers and exporters could have earned assuming there are processing factories to process cashew nuts for export.

Cashew grows very well in virtually all agro-ecological zones including the semi-arid areas but with high concentration in the middle belt areas in smallholder farms and plantations and provide livelihood for over 300,000 families and has created 600,000 jobs in the country. Cashew production comes from over 28 states, including Kogi, Kwara, Oyo, Edo, Ondo, Benue and Cross River, among others.

To meet the Walmart’s demand, stakeholders said that government must ensure that farmers embark on massive production of cashew and take value addition extremely serious. They said government should also ensure that smuggling activities on the nation’s land borders are controlled.

The stakeholders hinted that over 30 per cent of cashew nuts produced in Nigeria annually are smuggled across the border as a result of price discrepancy in cashew moved into the global market by other countries like Benin Republic, as the crop fetches a premium in the international market.

President of the National Cashew Association of Nigeria (NCAN), Mr. Tola Faseru, said that if government were that committed, it would be able to meet the demand of Walmart, which means government is ready to do a lot more across the value chain.

The Sun News reports that the President said “for government to earn the $7 billion,there was need to increase production of cashew, improve its quality in terms of processing, adding that value addition has to be supported. It is expected that in order to meet all of these, the farmers need to be supported, funding has to be made available, infrastructure and a whole lot of things have to be put in place.”

Comments

Post a Comment

Popular posts from this blog

Eva Longoria shows off her figure in a tiny bikini as she and her husband enjoy beach day in Marbella

Image
Eva Longoria and husband José Bastón packed on the PDA on Tuesday as they splashed around at a beach in Marbella. The 42-year-old Desperate Housewives star fitted her enviable curves into a striped two-piece swimwear which flattered her fit figure, showing off the effects of her time at the gym and healthy lifestyle.  Eva and her husband of one year could barely keep their hands off each other as they played around in the water.  More photos below.
Read more

Why You Snore And How To Prevent It

Image
Why It Happens If you snore, it's because the relaxed tissues in your throat vibrate as the air you breathe in rushes past them. About half of U.S. adults do it from time to time. Things like your weight, your health, and the shape of your mouth can make you more likely to sound like you're sawing logs during the night.  How Do I Know If I Snore? If it’s loud enough to wake your partner, you probably have heard about it. If you don’t believe them or sleep alone and want to know for sure, turn on a voice-activated recorder before you fall sleep. Stuffy Nose Anything that stops you from breathing through your nose can make you snore, like if you’re stopped up from a cold, flu, or allergies. Over-the-counter medicines or nasal strips can help open up those airways, but talk to your doctor if you’re stuffed up for weeks at a time. The Shape of Your Nose If the thin wall between your nostrils didn’t form quite right, one side can be smaller than the oth...
Read more

These Outstanding Recipes Are Guaranteed to Make Your Skin Smooth and Radiant in No Time

Image
Anti-wrinkle cream recipe You will need: 2 tsp petroleum jelly 1 tbsp almond oil or olive oil 1 egg yolk 1 tsp honey 1 ripe avocado How to prepare: Heat up the petroleum jelly for a few seconds until it softens — either in a pot on the stove or in a microwave-safe container in the microwave. Add the honey and mix well. Add the rest of the ingredients, with the egg yolk at the end. Mix vigorously until you get a homogeneous paste. Put the cream in a covered jar, and shake well. How to use: First of all, let the mixture sit for at least 5 minutes. Wash and dry your face very well, and then apply the cream on your face. Gently massage for a few minutes in a circular motion, using your ring fingers. Let it rest for 30 minutes, and then remove with a cotton swab or towel moistened with mineral water. Facial hair removing mask recipe You will need: 2 tsp (heaped) gram flour 1/4 tsp turmeric powder 3-4 tsp fresh milk 1 tsp lemon juice 1 tsp coco...
Read more

Miss Anambra sex-tape: How I got over the trauma – Chidinma Okeke

Image
Former Miss Anambra, Chidinma Okeke, has said it would be difficult for her to trust anyone after the incident of her lesbian sex tape. She also narrated how she was able to overcome that period, revealing that her family was there for her in her most challenging period. Chidinma came into limelight after she won the Miss Anambra Beauty Pageant in 2015, and made major headlines few months ago after her viral lesbian sex tape was leaked online. She was dethroned towards the end of her reign as a queen, when a purported sex tape she had participated in was released and she became a subject of heavy criticism. But Chindinma said the pains and trauma the incident put her through had been healed and she has continued to forge a career for herself in the entertainment industry. In an interview with Channels TV, the ex-beauty queen said, “I was able to heal with the help of God and my family. I talked to myself because I know I had so much to give out there. “I was surrounded...
Read more

Natural Ways To look beautiful.

Image
Thinking of How to lighten your skin naturally? Here are some tips for you! Milk 2/5 Steam your face; then apply the make-up cotton filled with milk to the face for about fifteen minutes; at last remove it and wash the milk with water on the face. If you persisted long term, could make your skin white and uniform. Apple 3/5 Peel, cut or mash the apple , and then apply it on the face. If you are dry or sensitive skin, you can add a proper amount of fresh milk or olive oil; if oily skin, you should add some egg white. Wash it with a hot towel in 15-20 minutes and once every other day, 20 days is a course of treatment. Banana 4/5 Peel the banana and mash it into a paste, wash it in 15-20 minutes. If you persisted long term, could make your face delicate and fresh, especially suitable for dry or sensitive skin. Honey and Egg 5/5 Ingredients: a fresh egg and a small spoon of honey. Practice: Mix the two. Brush this on the face with a clean soft...
Read more

Wimbledon 2017: Garbine Muguruza Defeat's Venus Williams in women's final

Image
We have been living in an era where age has appeared to be no barrier to success, but youth had its day here on Centre Court as Garbine Muguruza ended Venus Williams’ hopes of becoming the oldest women’s Wimbledon champion in the Open era. The meeting of the 23-year-old Spaniard and the 37-year-old American had been expected to be a tight battle between two ferocious ball-strikers, but after a tense first set the match became a brutally one-sided contest as Muguruza won 7-5, 6-0 in just 77 minutes. In an extraordinary turnaround in fortunes, Muguruza saved two set points at 4-5 in the first set and then won nine games in a row to claim her first Wimbledon title, two years after losing to Williams’ sister, Serena, in her first Grand Slam final. She is the first player to have beaten both sisters in Grand Slam finals. Muguruza, who went on to win her first Grand Slam title at last year’s French Open, proved again that she is a player for the big occasion. The world No 15, w...
Read more

"Nairobi Women Love Nigerian Men So Much That They Would Walk Through Sahara Desert Without Water And Food Just To Get One" - Kenyan Woman Writes

Image
A Kenyan woman has listed the reasons Nairobi women admire Nigerian men and they are quite interesting! According to Cate Mukei, Nairobi women love Nigerian men so much that they would walk through Sahara desert without water and food just to get one. "Some even go to an extent of praying about on to their pastors or signing up to online platforms where they hope to find ogas. Naija brodas on the other hand seem to have mastered some of the weird reasons why our women love them and have perfected them." Below are some of the reasons Nairobi women admire Naija brodas: 1. Visa holders Mogaka you can keep your Nyamira Express bus ticket we are flying to Lagos. Kenyan women naturally love visa holders. In fact they love anybody who was born beyond Eastern Africa. This is a free ticket to flying out of their country, taking selfies and filling our social media timelines in the name of having traveled 'abroad'. 2. Hyped lies Ironically most ladies actually kno...
Read more

Lagos Police Makes Top Officers And Divisions Numbers Public Over Baddoo Crisis

Image
It has become imperative that the Lagos State Police Command makes available the telephone directory of the command headquarters Ikeja, Area commands and their divisions to the general public. This information is to serve as a preventive method for members of the public to report criminals & criminal activities as well as report emergency incidents in the state. Members of the public can reach us on the 767 / 112. Area commands and divisional police telephone numbers in Lagos are also as follows: Commissioner of Police- 07019014800 Deputy Commissioner, - 07019014786 Deputy Commissioner, Operations- 07019014799 Deputy Commissioner, SCIID, Panti- 07019014754 Police Public Relations Officer- 07019014743 Control Room- 07019014808 Rapid Response Squad- 07019014333 IKORODU Area ‘N’ Command, Ijede- 07019014702/08036480686 Shagamu Road Division- 07019014843/08032879790 Ikorodu Division- 07019014842 Ipakodo Division- 07019014853/08072404936 Agbowa Division- 07019014830/08034031054 Owu...
Read more

Nigeria's 2017 budget, despite being signed into law, still being amended

Image
Nigeria's 2017 budget, signed into law by the acting president a month ago, has still not been finalised and is being amended due to disagreements between parliament and the presidency, two sources familiar with the matter said. Any delays to government spending could hobble recovery in Africa's largest economy, now in its second year of recession. The 2017 budget, still not finalised in the second half of the year, was meant to spark that return to growth after the first downturn in a quarter of a century. The presidency and senior lawmakers had also promised that it would avoid the severe delays in passing the previous year's budget, which was signed off in May 2016 -- five months into the budget year. Acting President Yemi Osinbajo signed Nigeria's 2107 budget into law last month. The delays for the 2017 budget come as the presidency locks horns with the National Assembly over projects added to the document in a practice known as "padding"...
Read more