Business
Boosting Industrial Utilisation Of Cashew In Nigeria
Anyigba is a major town in Kogi State and the serene community, which hosts the Kogi State University, is the site of a new cashew processing plant.
Analysts believe that the siting of the plant in Anyigba is apt because of the abundance of cashew in the neighbourhood to sustain full-scale production all-year round.
The cashew processing plant was established by Kogi State University in collaboration with the Raw Materials Research and Development Council (RMDC) because of the abundant cashew available in Kogi State and neighbouring states.
The university contributed the plant’s infrastructure — the building — while the RMRDC contributed the equipment. The RMRDC supplied the equipment through Abod Success Investment Ltd., a company which processes cashew nuts into spiced kernels.
Prof. Peter Onwualu, the Director-General of the RMRDC, says that 400, 000 metric tonnes of cashew are produced annually in Kogi State, for instance.
“About 60 per cent of the cashew is processed into intermediate products, such as cashew kernels, by an Indian company; Olam International, while the remaining 40 per cent is virtually wasted.
“The processed cashew products are shipped to India for further value addition and they are exported to the US and some parts of Africa as finished products,” he says.
The establishment of the cashew processing plant is, therefore, considered by analysts to be the climax of the efforts of the RMRDC to utilise the abundant cashew crop in the state and process it for value addition.
Observers say that Anyigba, a sleepy town, is now experiencing a flurry of business and entrepreneurial activities because of the cashew processing plant.
Onwualu says that Kogi State University had stockpiled enough raw materials that would sustain commercial production until the next harvest season, adding that the plant’s equipment had also been installed by the RMRDC.
He notes that that the equipment were locally designed and fabricated to promote local engineering capacities of the plant.
“This is the beginning of the actualisation of the policy of developing industrial clusters as a means of facilitating the growth of small scale industries in Nigeria,” Onwualu says.
The plant, which was inaugurated on October 14, 2010, is widely described as a venture which signifies the transformation of Kogi State University into a centre of purposeful learning and entrepreneurship.
The Deputy Governor of Kogi State, Dr Philip Salawu, shares similar sentiments. He believes that the launch of the cashew processing plant connotes the development of the university into “a citadel of manpower development and enterprise’’.
He says that the plant will stimulate economic activities in the state and the community in particular.
Salawu stresses that the inauguration of the plant is a fulfillment of the vision of the administration Gov. Ibrahim Idris to transform the state university into a centre of excellence.
Commenting on cashew production, the Minister of Science and Technology, Prof. Muhammad Ka’oje, says that the Federal Government is aware of the economic value of cashew, adding that efforts are being made to improve its production.
He says that cashew production in Nigeria increased from about 30,000 tonnes in 1990 to more than 176, 000 tonnes in 2000, adding that the development has made Nigeria to become an important participant in the world cashew market.
The minister, who gave the approval for the Anyigba cashew processing plant in 2009, underscores the importance of the project in efforts to actualise the industrial targets of the Federal Government’s Vision 20:2020 programme.
In most cases, the juicy cashew fruit is eaten raw, while its nuts are processed to be eaten or used as raw materials for industrial or medicinal products.
Diet Foods and Nutrition, a web-based health publication, says that cashew nuts, like all edible nuts, are an excellent source of protein and fibre.
It says that cashew nuts are rich in mono-unsaturated fat, which may help in protecting the heart, while they are also a good source of potassium, B vitamins, magnesium, phosphorous, selenium and copper.
Research has also shown that Cashew Nutshell Liquid (CNSL) — a by-product of processed cashew nuts — contains anacardic acids, which could be further processed into alcohol or used for treating tooth abscesses.
In spite of the multifaceted benefits of cashew, cashew processing is largely nonexistent in Nigeria and experts say that 90 per cent of cashew nuts produced in the country are exported to overseas countries.
Ka’oje bemoans the situation where the countries importing Nigeria’s cashew have established cashew processing factories to process the nuts, in particular, into various value-added products.
He insists that the country is losing a lot of revenue by merely exporting cashew as a raw farm produce.
The minister says that the Anyigba cashew processing plant, therefore, demonstrates the government’s determination to reverse the trend and ensure the optimal exploitation of farm produce to enhance their value addition.
Prof. Hassan Isah, the Vice-Chancellor of Kogi State University, says that the cashew processing plant currently has a workforce of over 200, including a management team.
He says that the plant, which commenced production in July 2010, is a product of a synthesis of ideas and a strong desire to harness the potential of the abundant cashew available in the country for development efforts.
Isah notes that every part of the cashew fruit is useful, saying: “The fruits are edible and they are a reliable source of protein, fatty acids and minerals. They are also used in confectionery and bakery industry.
“The cashew CNSL is an important multipurpose industrial raw material in the production of resins and friction powder for the automobile industry,” he says.
Isah says that cashew has an excellent international market value, with the US importing about 10 million dollars (about N1.5 billion) worth of CNSL annually.
Nwoko is of the News Agency of Nigeria (NAN)
Ifeanyi Nwoko
Business
Nigeria’s Gold, Other Solid Minerals Being Stolen – NEC
The National Economic Council has expanded the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control to cover illegal mining.
This is just as the council raised the alarm that the nation’s solid minerals, including gold, are being mined and stolen.
Imo State Governor, Hope Uzodimma, who chairs the committee, disclosed this while briefing State House correspondents after the 153rd NEC meeting chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja, yesterday.
Uzodimma said the expanded mandate is part of the government’s efforts to curb resource theft and increase revenue from Nigeria’s solid minerals sector.
“The National Economic Council Ad-hoc Committee on Crude Oil Theft Prevention and Control, which I chair, presented an interim report today to the Council.
“NEC received our report with satisfaction and expanded our Terms of Reference to now also take interest in solid minerals, because our solid minerals are being mined and stolen and not adding to national revenue,” said Uzodma.
He noted that the expanded role would enable the committee to coordinate with the Ministry of Solid Minerals Development and other federal and subnational institutions to combat widespread illegal gold mining and other forms of mineral smuggling that have deprived the country of much-needed foreign exchange.
“Going forward, our committee, working with other government agencies, will look at how to ensure that the revenue of the country arising from solid minerals like gold and other forms of solid minerals are not allowed to be stolen,” the governor added.
NEC’s Ad-hoc Committee on Crude Oil Theft Prevention and Control was first established under former President Muhammadu Buhari in August 2022.
It was reconstituted under President Bola Tinubu in December 2023 with Uzodinma as chairman.
The committee was initially mandated to address the challenge of crude oil theft and pipeline vandalism.
Its creation followed rising oil theft that had crippled national production and forced international oil companies to shut down key pipelines.
At the time, oil production had crashed to around 700,000–800,000 barrels per day, far below Nigeria’s OPEC quota, costing the government billions of dollars in lost export revenue.
Uzodimma explained that through what he called a “collaborative approach” involving regulators, operators, and the security forces, the committee had helped raise daily crude oil production to over 1.7 million barrels per day in the past 22 months.
The governor stated, “Before May 29, 2023, when President Bola Tinubu was sworn in, our crude oil production was around 700,000 to 800,000 barrels a day.
“Working with stakeholders, the regulators, operators in the industry, and the Navy, we were able to involve all the governors of crude oil-producing states and raise different security organisations.
“You would agree with me that as I speak, daily production is now in excess of 1.7 million barrels a day, and cases of pipeline vandalism and vandalisation of oil assets have also been on the decline.”
The council, he said, was satisfied with the progress and decided to deploy the same model of intergovernmental coordination, private-sector partnership, and multi-agency surveillance to the mining sector, plagued by resource theft.
“We are determined to ensure that crude oil production and gas are properly preserved for the benefit of our citizens.
“Now, with this new directive, we will also protect our gold and solid mineral assets,” Uzodinma added.
Nigeria’s illegal mining economy, particularly in gold, lithium, and other high-value minerals, has grown into a multibillion-naira shadow industry.
According to data from the Nigeria Extractive Industries Transparency Initiative, the country loses an estimated $9bn annually to illegal mineral extraction and smuggling.
The Federal Government has linked several unlicensed mining operations to armed groups in the North-West and North-Central regions, where gold has become a source of illicit financing for bandits.
A 2023 NEITI audit also showed that over 80 per cent of mining activities in Nigeria were conducted informally, without licenses or environmental oversight.
In September 2024, the Ministry of Solid Minerals Development revoked over 900 dormant licences and announced plans for a national gold reserve policy. But enforcement remains difficult, with weak surveillance, limited manpower, and overlapping regulatory mandates.
According to Uzodimma, the expanded mandate aims to integrate the fight against illegal mining into the broader national resource protection framework previously used in the oil sector.
“We have done well,” he claimed, adding, “Among other things, we recommended that NNPC, working with security agencies and their consultants, should strengthen security in all the creeks and extend coverage to offshore regions. That will help in curtailing and supervising illegal entries and exits of vessels into our export terminals. This same spirit will now guide our solid minerals sector.”
The committee is expected to submit its first progress report on the expanded mandate at the next NEC meeting in November.
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