Empowering Nigeria’s cashew farmers; a closer look at industry challenges, opportunities

Published May 30, 2024

Tridge summary

Nigeria is a major player in the global cashew market, with the central and southern regions providing ideal conditions for cultivation. The country produces approximately 220,000 metric tons of raw cashew nuts annually across 600,000 hectares. Tobiloba Olagbende, an agro entrepreneur, is working to empower local producers and improve the efficiency and profitability of the cashew industry. Olagbende believes that addressing deep-rooted issues in the agro-commodity export sector and revolutionizing industry services can benefit all stakeholders.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Nigeria has a rich history in cashew production that dates back to the 16th century. Today, it stands as a significant contributor to the global cashew market, playing a vital role in the country’s economy. The central and southern regions, particularly states like Kogi, Kwara, Enugu, and Oyo, provide the ideal climate and soil conditions for cultivating high-quality cashew nuts, which are in high demand internationally. With over 600,000 hectares dedicated to cashew cultivation, Nigeria produces approximately 220,000 metric tons of raw cashew nuts annually. This substantial yield positions Nigeria to meet the growing global demand for cashews. The country’s robust agricultural infrastructure and favorable growing conditions point to a promising future for its cashew industry, with substantial growth opportunities in both production and export. To gain deeper insights into Nigeria’s cashew industry, Tobiloba Olagbende, an Agro Entrepreneur in Ogbomoso, shared knowledge and ...

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