Agriculture
FG Targets $4bn Cashew Export Annually
Minister of Industry, trade and Investment, Mr. Niyi Adebayo, has said the Federal Government is working assiduously to earn as much as $4bn annually from cashew exports as against $450 million yearly.
Adebayo, who disclosed this at a media briefing in respect of the 16th Annual Conference of the African Cashew Alliance to be held in Abuja, said the country currently produces about 260,000 metric tonnes of cashew nuts annually.
He stated that the plan is to raise the figure to 500,000 metric tones annually.
Represented by the Permanent Secretary of the Ministry, Dr. Evelyn Ngige, the Minister said a lot of sensitization is being carried out on the investment opportunities of hosting the event in Nigeria.
He said investment opportunities in the cashew sub-sector “is capable of generating immense wealth and employment for Nigerians”.
According to him, this cuts across the cashew value chain from cultivation, harvesting, processing, storage, and marketing, to exporting.
He disclosed that Nigeria currently has 15 active processing plants with capacity to produce 55,750 metric tonnes, adding that other eight inactive plants have the capacity to produce 8,500 metric tones.
By: Nkpemenyie Mcdominic, Lagos
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FG, Ogun Distribute Inputs To 2,400 Farmers
Federal Government and the Ogun State Government, on Wednesday, distributed farm inputs to farmers as part of effort to address food security challenge.
The State Director, Federal Ministry of Agriculture and Food Security, Dr. Toyin Ayo-Ajayi, during the flag-off ceremony of Inputs Redemption Under The National Agricultural Growth Scheme-Agro Pocket (NAGS-AP), in Ogun State, disclosed that beneficiaries of the gesture were primarily rice, maize and cassava farmers across the State.
Ayo-Ajayi commended the Ogun State Government for partnering with the government at the centre for the effort in supporting farmers with inputs that would bring about yieldings for local consumption and likely exportation.
She noted that government is supporting rice, cassava and maize farmers with inputs worth N212,000; N189,000 and N186,000 respectively.
The Permanent Secretary in the State Ministry of Agriculture, Mrs Kehinde Jokotoye, who represented the Commissioner in the Ministry, Bolu Owotomo, stated that traditional farmers are critical in food production, hence the need to encourage and support them with inputs that would bring about desired results during harvesting.
Owotomo said: “Let us make good use of this opportunity, so that the success of this phase will make farmers benefit more from the state and federal governments of Nigeria.”
Earlier, State Coordinator, Federal Ministry of Agriculture and Food Security, Dr. Oluwatoyin Ayo-Ajayi, appreciated the present administration for partnering with the federal government for the initiative, adding that the programme is designed to support farmers at the grassroots level in cassava, rice and maize with inputs such as, seeds, pesticides, herbicides and fertilizers, to boost their production and enhance their livelihood.
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