Agriculture
Imo recorded $8m from cashew production in 2024—NEPC
The Nigerian Export Promotion Council (NEPC) says that exporters in Imo recorded $8.6 million from the production and export of cashew in the 2024 fiscal year. Executive director of the NEPC, Nonye Ayeni, said this at a workshop on cashew production organised by the council in Owerri on Friday. She spoke on the theme: “Best Agronomic and Post-Harvest Practices for Cashew Cluster Farmers in Imo State”. Ms Ayeni, represented by the Imo coordinator of the NEPC, Anthony Ajuruchi, said that boosting cashew production was key to achieving sustainable growth in the sub-sector.
She commended cashew farmers in the state for their resilient efforts in spite of challenges. She said that products from the cashew value chain can be used in the production of wine, liquor, cream, butter and other consumables. “We have facilitated the purchase of 1,500 improved seedlings of cashew to be distributed to Okwudor and Okigwe farmers for value addition and export just like we did for cocoa two years ago, and now they are fruiting,” she said. She thanked the Imo government for providing the enabling environment for the activities of farmers and exporters in the state to thrive. Speaking, executive director of the Cocoa Research Institute of Nigeria (CRIN), Umuahia, urged farmers to develop interest in cashew production. Mr Adebola, represented by Olaniyi Olufemi, the institute’s head of station in Umuahia, said that CRIN will provide agronomic assistance and technical know-how to assist interested farmers of cashew, kola, coffee, cocoa, tea and black plum. NAN
-
Oil and Gas1 day agoNUPRC vows not to approve divestments that doesn’t meet considerations
-
News2 days agoBinance seeks out-of-court settlement with Nigeria over alleged tax evasion
-
Oil and Gas2 days agoDangote warns of prolong global oil shocks
-
Oil and Gas1 day agoIran eases Strait of Hormuz transit rules amid oil shock
-
Finance1 day agoCardoso seeks collaboration to check cross‑border financial risks
-
Stock Market2 days agoNGX market capitalisation settle at N128.84tn, cuts Zichis Agro-Allied share price by 50%
-
News2 days agoPower crisis blamed on gas shortages, sector debts
-
News2 days agoFG shortlists 65 student innovators for venture capital grant
