twitter RSS Feed linkedin acp contact

Nigeria's cashew nut exports for 2015 cross US$250mn

Export of cashew nuts from the 2015 planting season has contributed more than US$250mn to Nigeria’s economy

Cashew Nut - Thamizhpparithi Maari - Wikimedia CommonsNigerian cashew farmers, spurred by high prices, are maintaining high quality of produce. (Image source: Thamizhpparithi Maari/Wikimedia Commons)

This figure was announced by the National Cashew Association of Nigeria (NCAN) whose spokesman told journalists that the figure was substantially higher than 2013 and 2014 when the sector contributed less than US$125mn annually.

Sotonye Anga from NCAN said that the significant growth was because farmers did not compromise on the quality of cashew nuts, resulting in increased demand for the produce. The price of raw cashew nut also recorded an increase, selling at more than US$850 per metric ton during the 2015 season. Anga said that with the increase, farmers were ready to comply with more stringent quality control procedures. “With the increased pricing that farmers recorded during the 2015 season, they are right now more ready to comply with high degree quality control procedure. Farmers’ compliance level has also increased. We want the market to remain sustainable, viable and strong,” he explained.

Anga said that higher prices combined with good quality of Nigerian cashew led to the significant growth in total revenue. “This figure could be more but because of export through our porous borders, we could not account for those ones,” he added.

Preparations are underway for the 2016 cashew season, and Anga said that cashew tree pruning and training was in progress across all cashew producing states. “The cashew sector is preparing for the next cashew season to commence within the next five months. What we are doing now is sensitising our members across the country on quality control to enable them to enhance their product quality.”

NCAN hopes to increase production in 2016 by an additional 30 to 40 per cent, compared to 2016. The association has taken into account the ongoing cashew shortage in Brazil and is trying to assure buyers from India, Vietnam, Brazil and other countries of high quality cashew for next year also.


LATEST NEWS IN Agriculture

African food imports bill predicted to double by 2030

African food imports bill predicted to d…

Experts have warned that the cost of Africa’s yearly food imports could increase from US$50bn to US$110bn by 2030 if immediate measures aren’t taken to increase food production

Wildlife and forestry sector in the spotlight

Wildlife and forestry sector in the spot…

On August 22, the 23rd session of the African Forestry and Wildlife Commission, hosted by the Government of the Democratic Republic of the Congo opened in Kinshasa, putting the future...

Boosting investment for Africa-made cotton

Boosting investment for Africa-made cott…

At a partner’s conference on cotton, jointly organised with the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD), donors were urged to mobilise resources for new partnerships.   

Nature-based solutions help farmers in Ghana

Nature-based solutions help farmers in G…

Organic pesticides, waste-based fertilisers and forest regeneration are just a few of the green initiatives being employed in Ghana to boost farming communities’ resilience to the impacts of climate...

Boosting soil nutrient mapping in sub-Saharan Africa

Boosting soil nutrient mapping in sub-Sa…

The Food and Agriculture Organization of the United Nations (FAO) is set to fast track an impact-oriented project in sub-Saharan Africa and Central America for digital soil nutrient mapping, after...

Gambia-Korea partnership seeks to double rice production to curb food insecurity

Gambia-Korea partnership seeks to double…

President Adama Barrow has received a delegation led by the Korean Ambassador to The Gambia, HE Kim Ji-Joon, at the State House in Banjul to announce the delivery of sample rice...

Prev Next

OTHER RELATED ARTICLES - Agriculture

EU-funded Afikepo project improves nutrition in Malawi

EU-funded Afikepo project improves nutri…

European Union-funded Afikepo nutrition sensitive agriculture project has been being implemented in Malawi to increase and diversify dietary intake of safe and nutritious foods, and achieve optimal nutrition for women...

USAID-DuPont partnership to boost maize production in Ethiopia

USAID-DuPont partnership to boost maize …

The Advanced Maize Seed Adoption Program (AMSAP) has been immensely successful in outpacing the maize production target in 2017 by 150 per cent in Ethiopia, which, in addition, has boosted...

Pan-African support centre for farmer organisations launched

Pan-African support centre for farmer or…

The Alliance for a Green Revolution in Africa (AGRA) has launched a new initiative - Farmer Organisations Support Centre in Africa (FOSCA) - to support various farmer organisations in Ghana...

Rice seeds distributed to Kaduna farmers to boost production

Rice seeds distributed to Kaduna farmers…

A private farming company, Popular Farms and Mills, in collaboration with Nigeria's Kaduna state Ministry of Agriculture and Rural Development, distributed certified rice seeds to 400 local farmers in the...

Sustainable agriculture to fight climate change and involuntary migration

Sustainable agriculture to fight climate…

FAO and IOM call for renewed focus on rural development and sustainable agriculture to mitigate climate disasters that are displacing one person every second

Rainforest Alliance welcomes IPCC’s climate change and land report

Rainforest Alliance welcomes IPCC’s clim…

The Rainforest Alliance welcomes the latest IPCC Special Report on Climate Change and Land as an essential resource and benchmark for policy decision-makers and business leaders

Agriculture flourishes in Africa

Agriculture flourishes in Africa

Modern farming methods are helping farmers buffer themselves from the harsh consequences of adverse weather and unfavourable market conditions with a new philosophy; high-yield seeds

Zambia’s challenges

Zambia’s challenges

ZAMBIA HAS STARTED developing farm blocks in order to diversify the economy away from mining. The now subsiding global economic crisis has exposed Zambia’s overdependence on mining sector which suffers...

African leaders face pressure to take food security action

African leaders face pressure to take fo…

Regional leaders will look at the challenges being created by the growing food crisis affecting countries across Africa at the upcoming African Green Revolution Forum (AGRF)

Spotlight on Ethiopia’s tree-planting programme

Spotlight on Ethiopia’s tree-planting pr…

Ethiopia has embarked on an ambitious tree-planting programme and planted more than 350 million trees in a day

ILRI publishes livestock maps for researchers

ILRI publishes livestock maps for resear…

The International Livestock Research Institute (ILRI) and other collaborators have produced a new set of maps that will provide farmers in Africa and outside the continent detailed information on pigs,...

Two organic agricultural projects completed in Namibia

Two organic agricultural projects comple…

Two organic agricultural projects funded by the Environmental Investment Fund (EIF) of Namibia have been implemented successfully in Omusati region

Prev Next