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Do cashews grow in Nigeria?

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Do cashews grow in Nigeria?

Nigeria has about 600,000 surviving cashew trees spread across the country, in all parts of the country. Currently, 75 per cent to 80 per cent of cashew nuts produced in Nigeria are exported, as only very few companies are involved in the local processing of the produce.

Is cashew business profitable in Nigeria?

Cashew is one of the most profitable long-term agricultural investments, but inadequate processing capacity has remained a stumbling block to the vibrancy of the industry. Nigeria processes only an estimated 10\% of the total cashew nuts produced.

Which state is the highest producer of cashew in Nigeria?

Cashew producing states are Kaduna, Abia, Kogi, Enugu, Kwara, Oyo, Niger, Imo, and Abuja FCT. But while Kogi leads the pack among the producing states, accounting for 60 per cent of the country’s total output, Oyo State, Ogbomoso, to be precise, is another cashew destination.

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What is the economic importance of cashew?

Cashew production has been an important economic activity for many tropical countries, providing a variety of food and industrial products (Menezes and Alves, 1995). The most notable of its products is the cashew nut. Of the 30 to 35 products from the cashew tree, the nut is the most valuable.

Which state is cashew nut produced in Nigeria?

Cashew producing states in Nigeria is; Kaduna, Abia, Kogi, Enugu, Kwara, Oyo, Niger, Imo, and Abuja FCT.

Where are cashews found in Nigeria?

In Nigeria, cashew is grown in 19 states; Abia, Anambra, Akwa Ibom, Benue, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Imo, Kogi, Niger, Nassarawa, Ogun, Osun, Oyo, Taraba and Kwara. Interestingly, cashew nuts can be grown in almost all the states of Nigeria.

Where can I sell cashew nut in Nigeria?

Nigeria Cashew Nuts Dealers and Exporters

  • 1Abod Success Investment Limited.
  • 2Globexia Limited.
  • 3Majigi Agro Limited.
  • 4National Cashew Association of Nigeria (NCAN)
  • 5BlueRoq Nigeria Limited.
  • 6Hasbunallah Produce Company.
  • 7Lion Cashews.
  • 8Mebo Farms Limited.
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How lucrative is cashew farming in Nigeria?

As stated earlier, Nigeria is the 6th largest producer of cashew in the world with an annual production volume of about 120,000 tonnes. Also, the cashew Industry in the country provides over 600,000 jobs and total annual trade worth N24billion, thus making the sector a major contributor to Nigeria’s non-oil GDP.

Which country is the largest exporter of cashew nuts?

Vietnam
Vietnam has maintained its position as the world’s largest producer and exporter of cashew nuts in 2020, exporting an estimated 450,000 tonnes of cashew kernels worth 3.2 billion USD, according to the Vietnam Cashew Association (Vinacas).

Does Nigeria export cashew nuts?

Nigeria is a leading exporter of premium quality raw cashew nuts, with an average 48 kernel yield out-turn. Nigeria guarantees a reliable and sustainable supply base in their cashew offer. Our large production base with 19 producing states makes us the fourth largest producer of cashew nuts worldwide.

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What is the industrial use of cashew?

Cashew Nut Shell Liquid (CNSL) Both the CNSL and CNS are used as biomass fuels for clean power generation. There is a growing demand and for this CNSL due to its other multiple uses (including for: paints, laminating resins and intermediates for chemical industry).

What happens if you eat too many cashews?

High Oxalate Content: Cashews have a relatively high oxalate content. When eaten in large quantities, this can lead to kidney damage and other chronic health problems.