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    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola: Second infected U.S. citizen flown to Germany for treatment

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    EFCC, Edo Youth Affairs Ministry  collaborate against internet fraud

    EFCC, NFIU collaboration earns Nigeria global award

    Sokoto Govt welcomes Nigeria-US joint airstrike on terrorists

    Nigeria: Hisbah stops traditional wedding practices, social gathering, gifts

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    Tinubu to Catholic bishops, we are stabilising the nation, prosperity on the horizon

    EFCC, Edo Youth Affairs Ministry  collaborate against internet fraud

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  • Entertainment
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    CREATIVE SECTOR: Strong tech-driven growth

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    • LIFE & CULTURE
  • Education
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    Nigeria: Minister says education remains shared national responsibility that transcends political affiliations

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: FG wants states to unlock US$552m HOPE Programme funding

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    Nigeria: Alausa canvasses data-driven, federal-state partnership for Tinubu’s education reforms

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  • Health
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    FUTA holds 36th Convocation and Award of first Degrees, threatens to withdraw certificates of graduates found culpable of misconduct

    FUTA Teaching Hospital says no automatic absorption of UNIMEDTH staff

    • Health and Fitness
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    INEC urges media to expose vote buying ahead of Osun governorship election

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    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: FG wants states to unlock US$552m HOPE Programme funding

    SEC sets Nov. 28 date for T+2 settlement cycle

    SEC secures AfDB grant for modern market surveillance system

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    NAICOM charges brokers to strengthen professionalism, public trust

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    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Tinubu urges Nigerians medical professionals in Diaspora to return home, strengthen Nigeria’s health sector

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Home Agriculture

Nigeria: Cashew association targets 1m-tonne production

by Femi Akingbemi
July 28, 2026
in Agriculture
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Nigeria: Association projects $10b annual earning from cashew Industry

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WorldStage— The National Cashew Association of Nigeria (NCAN) has set a target of increasing the country’s annual raw cashew nut production from 300,000 tonnes to one million tonnes within the next decade.

The association announced the target on Tuesday in Abuja during the inauguration of its national and state executives.

NCAN National President, Ademola Adesokan, said the plan was a practical roadmap that would rely on effective implementation at the state level.

He said the initiative would deepen industrialisation, boost non-oil exports, attract investment and create thousands of jobs across Nigeria’s cashew-producing states.

According to him, while policies are formulated at the federal level, production, aggregation, storage and quality assurance are driven by farming communities.

“We have set ambitious targets of growing national production from about 300,000 tonnes to one million tonnes within the next decade, with 50 per cent processed locally,” he said.

Adesokan said state executives would drive quality control, strengthen aggregation systems and improve traceability across the value chain.

He added that stronger grassroots coordination would boost confidence among processors and exporters, making Nigerian cashew more competitive in international markets.

The Director of Industrial Development, Federal Ministry of Industry, Trade and Investment, Mr Olumuyiwa Jayi-Ade, reaffirmed the ministry’s commitment to the industry.

Represented by Mr Popoola Abimbola, an Assistant Director, Jayi-Ade said the inauguration marked a key step towards implementing the recently validated Nigeria Cashew Roadmap.

He commended NCAN for its contributions to developing the roadmap, saying they had strengthened the framework for a sustainable and globally competitive cashew industry.

According to him, the ministry, alongside the Federal Ministry of Agriculture and Food Security, NCAN and development partners, will immediately develop implementation strategies and institutional frameworks for the roadmap.

He said the plan included establishing the Nigerian Cashew Project Office to coordinate reforms, stakeholder collaboration, monitoring and implementation across the value chain.

Jayi-Ade reaffirmed the ministry’s commitment to expanding domestic processing, promoting value addition, attracting investment, creating jobs, increasing farmers’ incomes and positioning Nigeria as a leading exporter of processed cashew products.

Also, the Director of Commodities and Export Department in the ministry, Mr Obasi Edozie, said the establishment of state chapters marked a major institutional milestone that would strengthen coordination and governance across the industry.

He said cashew remained one of Nigeria’s strategic non-oil export commodities with strong potential to earn foreign exchange, drive rural development, stimulate industrial growth and create employment.

Edozie reaffirmed the ministry’s commitment to policies that would improve productivity, strengthen quality standards, expand processing capacity and enhance the global competitiveness of Nigerian cashew products.

He urged stakeholders to remain united in promoting traceability, attracting investment and accelerating local processing to enable Nigeria capture greater value from the expanding cashew industry. 

Tags: National Cashew Association of Nigeria
Femi Akingbemi

Femi Akingbemi

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