The President of Cashew Nuts Association of Nigeria (CNAN), Mr Tunji Owoeye said the sector was long due for regeneration fund and stamp out the old cashew trees in estate farms and in wild that have become unproductive.“The exercise entails planting of new hybrid cashew trees, nursery and enlightment campaign to sensitise more farmers and youths back to the farmers,” he said.
Owoeye said that government should sensitise the general public to encourage local consumption of cashew because of it health impact on lung and heart. In addition, he said the present global financial crisis has affected consumer’s disposable income to buyer cashew nuts products resulting to low export.“The Cashew glut has affected the global international market, not only Nigeria. The Financial meltdown is affecting the luxury items such as cashew products,” he said.
He said that the association has embarked on aggressive campaign to train the farmer’s on farming best practice and production of quality and quantity products. He explained that the efforts was to change the perception for Nigeria cocoa that is poor and is been discounted up to about $100 per tone compare to other African countries at the international market
Owoeye said that government should sensitise the general public to encourage local consumption of cashew because of it health impact on lung and heart. In addition, he said the present global financial crisis has affected consumer’s disposable income to buyer cashew nuts products resulting to low export.“The Cashew glut has affected the global international market, not only Nigeria. The Financial meltdown is affecting the luxury items such as cashew products,” he said.
He said that the association has embarked on aggressive campaign to train the farmer’s on farming best practice and production of quality and quantity products. He explained that the efforts was to change the perception for Nigeria cocoa that is poor and is been discounted up to about $100 per tone compare to other African countries at the international market
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