NEPC: FG to generate $500m from cashew export in 2023 | TheCable

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The Nigerian Export Promotion Council (NEPC) says it plans to double the amount of revenue generated from cashew exports in 2023 to $500 million.

Ezra Yakusak, executive director and chief executive officer of NEPC, spoke on Thursday at the inauguration of the organic cashew certification programme for export.five-year initiative between NEPC, Nicert Limited, Valency Limited, and PRO-Cashew, designed to accelerate growth in the non-oil export sector.

Emphasising the need for value-addition, he said Nigeria exported 315,677 metric tonnes of raw cashew nuts worthThe NEPC boss added that the federal government is committed to increasing cashew export revenue to $500 million.“In 2022, our non-oil export performance indicated that cashew was the fifth leading non–oil exportable product in Nigeria,” Yakusak said.

“We exported cashew worth about $252 million in 2022 and with the launch of the project, we hope to double it this year.” “Nigeria’s cashew export trade was largely hampered by non-adherence to food safety standards, lack of traceability, low yield per hectare, poor practices, and aging trees, among others,” he added.

 

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Lol

To to to.

If NEPC was a serious agency of govt., what stops it from finding ways to ensure that values are added to cashew nuts before they're exported? Would that not provide jobs for the teeming unemployed youths?

Please help us in Rubber Farming please we need help please

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