Close Menu
Chronicle NG
    Trending Stories
    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.

    Diezani Alison-Madueke acquitted of all bribery charges

    June 17, 2026
    Telegram CEO Pavel Durov speaking on social media regulation and teen access restrictions

    Telegram CEO slams UK social media ban for under-16s

    June 17, 2026
    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    June 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Diezani Alison-Madueke acquitted of all bribery charges
    • Telegram CEO slams UK social media ban for under-16s
    • N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27
    • N110.4bn fraud: Witness details payments to Kogi revenue officials
    • Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port
    • US-based Nigerians to honour Americans, Akande for efforts in fighting insecurity
    • Mayweather faces imprisonment over cheque for $200,000 watch
    • Tinubu prioritising 2027 election over insecurity – Reps caucus
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, June 17
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    FG, U.S. sign MoU to boost cashew production in Nigeria

    Chronicle EditorBy Chronicle EditorFebruary 12, 2021No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Funds, President Muhammadu Buhari and President-Elect Joe Biden Visa
    President Muhammadu Buhari and President Joe Biden
    Facebook Twitter WhatsApp
    The Ministry of Agriculture and Rural Development on Thursday signed a Memorandum of Understanding (MoU) with the United States Department of Agriculture (USDA) West Africa Pro-Cashew Project, to increase cashew productivity.

    The project aimed to improve the cashew sector by increasing productivity and efficiency of farmers in the cashew value chain through improving crop quality, rehabilitating and renovating orchards among others. The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, at the signing of the MoU, in Abuja, said that the event was another milestone in the record of the ministry’s history in its hunt to achieve national food and nutrition security, among others.

    Nanono noted that the ministry over the years had achieved increase in the production of crops of strategic importance through the provision of improved seeds, seedlings and other farm inputs to farmers. The minister said such crops included cashew, cocoa, cassava, rice, wheat among others.

    Read also: Joe Biden pushes for legalisation of homosexuals rights in Nigeria

    ” In Nigeria, cashew is increasing in its importance as an export crop since the 1990s. ”It is interesting to know that as the 2nd non-oil export foreign earner for the country, cashew generated about 500 million dollars for the country in 2018 (CBN bulletin, in 2018), providing livelihood for 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 potential area cultivable is about 350,000ha,” he said.

    Nanono said that the overall objectives of the cashew value chain was to improve cashew productivity, expand the national hectarage, and rehabilitate existing old plantations. He also said the objective of the cashew value chain was to increase and improve storage and processing capacity and develop effective market information system in the sector. “The ministry’s target is to raise production from 260,000MT in 2020 to 350,000t by 2023 and processing capacity from 15 per cent in 2020 to 35 per cent by 2023,” he said.

    The minister thanked the USDA West Africa PRO-Cashew Project for the opportunity to interact with them on the intervention strategies to improve the cashew sector in Nigeria. ” It is also heartwarming to note that in West Africa, Nigeria is selected alongside Benin, Burkina Faso, Côte d’Ivoire, and Ghana for this laudable project.

    ”It is our hope however, that this intervention will result in the total transformation of the cashew sector in Nigeria,” he said. According to him, to kick-start the collaboration with the USDA West Africa PRO- Cashew project, a Cashew Value Chain Working Committee was inaugurated to look into the problems and challenges that are affecting the growth
    of the value chain in the country.

    ”The Committee with support from USDA, the West Africa PRO-Cashew project is to develop a 10-year strategic plan for Nigeria’s cashew value chain,” he said. In his remarks, PRO-Cashew’s Chief of Party, Mr. Jean Francois- Guay, said the project would be focusing on the cashew sector in Nigeria.

    According to him, the project would also focus on training of the farmers, adding there was a need to increase quality of rural farmers. ” In a nutshell, with the rural farmers, Nigeria could increase and double the processing of cashew,” he said.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.

    Diezani Alison-Madueke acquitted of all bribery charges

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    Former Kogi State Governor Yahaya Bello during proceedings in the N110.4 billion fraud trial at the FCT High Court in Abuja.

    N110.4bn fraud: Witness details payments to Kogi revenue officials

    Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port

    Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port

    The African Democratic Congress (ADC) has stated that President Bola Tinubu does not have a solution to the insecurity bedeviling the country.

    Tinubu prioritising 2027 election over insecurity – Reps caucus

    Afrobeats star David Adeleke, popularly known as Davido, and Hausa singer Dauda Rarara have engaged in a public exchange after the latter accused the Afrobeats star of embarrassing Nigeria on the global stage.

    Davido speaks Hausa, trades words with Rarara over World Cup outfit

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.

    Diezani Alison-Madueke acquitted of all bribery charges

    June 17, 2026
    Telegram CEO Pavel Durov speaking on social media regulation and teen access restrictions

    Telegram CEO slams UK social media ban for under-16s

    June 17, 2026
    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    June 17, 2026
    Former Kogi State Governor Yahaya Bello during proceedings in the N110.4 billion fraud trial at the FCT High Court in Abuja.

    N110.4bn fraud: Witness details payments to Kogi revenue officials

    June 17, 2026
    Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port

    Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port

    June 17, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.