FG collaborate with ACA to boost cashew value chain

The Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar ( C), on his right hand side,the President, Cashew Association of Nigeria, Hon. Ojo Ajanaku and by his left, President of African Cashew Alliance, Otunoba Babatola Faseru, during the courtesy visit in Abuja.

The Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar has reiterated the Ministry’s commitment to collaborate with stakeholders in the Cashew Value chain towards enhancing the quality seedlings, Increase Production and Income Generation.

The Minister stated this during a courtesy visit by African Cashew Alliance (ACA) led by its President, Otunba Babatola Faseru, in his office, in Abuja recently.

He revealed that “the focus of the present administration is the growth of the agricultural sector and once that is achieved we have set a base for economic growth”.

The Minister revealed that “every single value chain in the agricultural sector is important and if they come together, they would make a big difference, in the area of Food and Nutrition Security’’.

Speaking further, the Minister said that the Ministry would continue to support Cashew Value Chain, pointing out that, the Ministry had trained smallholders farmers on Cashew Production, Processing and Packaging of the Product.

He added that cashew had become a national commodity that grows across the 36 State of the Federation, pointing out that cocoa was second in terms of foreign exchange earnings to the economy.

The Minister commended the Association for their efforts towards planning of the 1st ACA conference in Abuja, adding that it would improve the value chain and attract investors.

Dr. Abubakar also assured the association that “the Ministry will be involved to make the forthcoming event a great success”.

Earlier, the President of African Cashew Alliance, Otunba Babatola Faseru stated that ACA is a non-governmental organization created in 2005 with the mandate of promoting a global competitive African Cashew industry that would benefit the entire value chain from farmers to consumers, adding that Africa was losing over 2000 jobs. He noted that Cashew could provide over 1000 jobs in Nigeria.

In his words, ”Jigawa and Kebbi States are doing well in Cashew production”, Otunba Faseru added.

He, therefore, solicited for the support of the Ministry to move the Cashew sub-sector forward.

In his remarks, the President Cashew Association of Nigeria, Hon. Ojo Ajanaku thanked the Minister for his support, noting that Nigeria had about 600, 000 surviving cashew trees spread across the country.

He maintained that currently 75% to 80% of cashew nuts produced in Nigeria are exported, as only very few companies are involved in the local processing of the produce.

The President, therefore revealed that, cashew can grow in any part of the country adding that 60% of the world cashew growth is from Africa.

Related posts

To prevent disconnection, Tinubu has instructed payment of Aso Rock’s electricity bill

CBN bars foreign oil firms from repatriating 100% FX proceeds at once

Dangote refinery begins production