Nation
Cashew Production Rakes In $500m, FG Confirms
The Minister of Agriculture and Rural Development, Sabo Nanono, has disclosed that Nigeria generated over $500million and provided livelihood for about 300,000 to 500,000 families mostly youths and women.
Nanono disclosed this, at the weekend, after signing a Memorandum of Understanding (MoU) with the United States Department of Agriculture (USDA) West Africa PRO-Cashew Project to develop cashew Agro Industry.
According to him, the initiative will improve productivity, expand the National Hectareage of the crop and most importantly achieve national food and nutrition security, revenue generation, exchange earnings, wealth creation and employment.
Nanono said that government would continue to develop the commodity for export, adding that since in the 1990s, cashew had increased the Nigerian GDP ranking as the second non-oil export foreign exchange earner for the country.
“The commodity has generated about $500million for the country in 2018, providing livelihood for about 300,000 to 500,000 families mostly youths and women in Nigeria.
“The national production capacity of cashew in 2020 was 260,000MT on 100,000ha of land. Average yield was 600kg/ha as against the global average of 1.230kg/ha,” he said
Meanwhile, the Chief of Party/ Managing Director of the USDA West Africa PRO-Cashew Project, Jeans Francois Guay, explained that the project will last for a period of five years and will be implemented by cultivating New Frontiers in Agriculture (CNFA).
According to him, “the project will generate up to $10million investment opportunities, create job, strength public and private partnership, improve trade and cashew farmers’ productivity in the value chain.
“The USDA West Africa PRO-Cashew Project, CNFA will build capacity by working with farmer organisation and agro- good suppliers in the areas of service delivery and business and orchard management.”
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Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
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