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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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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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