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Boosting Industrial Utilisation Of Cashew In Nigeria

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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

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Transport

Automated Points Concession : FAAN Workers Gave 72hrs To Revise Decisions In PH

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The trapatriate Unions conprising the National Union of Air Transport Employees (NUATE), and the Air Transport Service Senior Staff Association of Nigeria, (ATSSSAN),  has given 72 hours Ultimatum to Federal Airport Authority of Nigeria FAAN, Omagwa Airport, Portharcourt to revise its recent decision on the concession of Tollgates and Parks to private hands.
The chairman of the Trapatriate Union, Comrade Felix Ohwoefe gave the Ultimatum yesterday immediately after the joint Unions meeting held at the Airport office of the union, Omagwa, Portharcourt.
Comrade Ohwoefe who double as the chairman of the National Union of NUATE said the two Unions have agreed to take drastic actions if the Authority of the Airport declined to step down it’s decision of concessioning the major revenue points to private hands.
According to the Union chairman, the  two union was not aware of the  concession plans, and that there were no due process to the procedures.
Comrade Ohwoefe said any attempt for the Airport Management to decline it’s demands towards the concession will result to barricading all entrance and access points of the Airport.
Expressing the  the challenges associated to the concession, the Union Chairman said the gesture might resulted to massive sack of workers in the Airport.
The chairman also expressed foul play on the part of either individuals or government in the terms and conditions so given to the concessionaires, demanding the reasons of contracting the automated points to private hands for only 14 millions, when the FAAN is presently generating over 28 million naira monthly, even when the tariff was not  reviewed upwards.
He describes the process to the procedures as fraud with intention to increase unemployment in the state.
“We are not against the concession of the Automated points, but due process must be followed. If government is concessioning the place, we are asking what will happen to our workers in the existing units.
“Secondly, if the concessionaires is taken over, they must pay higher than what the FAAN is generating presently, we are generating to the Management over 28 Millions monthly, but we had that the private company is required to pay only 14 Millions monthly, which is far below 5 percents of what we are generating presently, even when the tariff is increased, which means there is a foul play.
“The process is fraud either on the part of individual in the Government, or Government itself.
” The unions is saying no to the Concession until we come to a terms of understanding ourselves., we are afraid of loosing workers, we don’t want to loose any workers if due process is not followed in this hard of economy,  we even demanding for employment of more workers in FAAN.” Comrade Ohwoefe said.
The Union used the opportunity to called on the minister of aviation, and the President of the Country, Bola Tinubu to intervene.
When contacting the Management of the Airport Authority through the head of Corporate Affairs, Dr Ngozi V. Onyeanwuna-Nwosu,  she said the management has not given her the approval to say something.
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Transport

FAAN Announces Pick-Up Points for Go-Cashless Cards

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The Federal Airports Authority of Nigeria (FAAN) has announced designated pick-up points for individuals wishing to obtain their Go-Cashless cards ahead of the March 1, 2026 deadline.
This was announced in a statement signed by the Director Public Affairs and Consumer protection, Henry Agbebire  and made available to the Tide last Friday in Portharcourt.
According to the statement,  Go-Cashless cards is at all  FAAN commercial offices and access gates of Airports in the country .
The release further stated that cards will also be available at designated branches of Fidelity Bank Plc from March 16, 2026.
FAAN in the statement said the cashless policy followed the Federal Government directive mandating all Ministries, Departments and Agencies (MDAs) to transition to a cashless system to enhance transparency and reduce revenue leakages as well improve transaction traceability in the Aviation sector.
FAAN  reiterated its commitment to full compliance with the directive, appealing to the public for their understanding and cooperation during the transition period.
FAAN also inform that the Go-Cashless cards can still be obtained at the designated points after the March 1, deadline.
The Authority assures airport users that the initiative will promote faster, safer, and more convenient transactions across its airports nationwide.
By: Enoch Epelle
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Business

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

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Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
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