The National Apex of Cashew Farmers, Processors, and Marketing Cooperative Ltd. has decided to increase its involvement in the production and facilitation of cashews in the interest of the economy. The group plans to achieve this by processing raw cashew nuts to boost the country’s agribusiness. It will also empower rural cashew farmers, processors, and marketers.
Mr. Yusuf Enemali, President of the organisation, disclosed this in a conference held in Abuja on Wednesday, Jun. 18, 2025. He noted that the group is willing to accomplish this mission through capacity building, collaborative efforts, and advocacy.
Enemali emphasised that the cashew sector in Nigeria has tremendous potential and a value-added chain. “Despite being one of the largest producers of cashew nuts in the world, our industry is hindered by limited access to finance and markets, inadequate infrastructure and technology.”
Mr Idris Sani, Federal Director of Cooperatives, Ministry of Agriculture and Food Security, stated that cashew has multiple economic values and can be processed into juice, biscuits, and other products. He emphasised the importance of increasing cashew nut production due to its nutritional and economic value. Earlier this month, the agribusiness attracted a $170 million investment into Oyo State.
