Lagos – The National Cashew Association of Nigeria (NCAN) on Saturday said that it had submitted a road map to the Ministry of Agriculture and Rural Development to boost cashew production from 2016-2020.
Mr Sotonye Anga, National Publicity Secretary of the association, told the News Agency of Nigeria (NAN) in Lagos that the document was submitted to the minister, Chief Audu Ogbeh, on Friday in Abuja.
He said that the road map focused on increasing Nigeria’s cashew production from 160,000 to 500,000 tons in four years.
According to the spokesman, the plan targets 70 per cent processing of total cashew production, and plans to empower cashew processors in Nigeria.
The road map also aimed at increasing cashew processing by adding 200 more cashew processing factories to existing ones, to produce cashew kernels, cashew nut shell liquid, and other cashew by-products.
“Moving our national cashew production from 160,000 tons to 500,000 tons demands that we grow an additional 53 million cashew trees over the next four years.
“This will cost us N10 billion and thereafter, Nigeria will earn N102 billion every year from these trees, for the next 50 years.
“Implementing this road map will create the much needed jobs, and contribute immensely to Nigeria’s economic development.
“Going by this plan, Nigeria will grow an additional 340,000 tons of cashew nuts.
“We need to migrate from export of raw cashew nuts to export of semi-processed and processed cashew kernels,’’ Anga said. (NAN)