Cashew export: Nigeria raises production target to 500,000 metric tonnes

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The Federal Government is targeting to raise more revenue from the exports of cashew products to cushion the negative impact of the drop in crude oil production on the economy.

is targeting to raise more revenue from the exports of cashew products to cushion the negative impact of the drop in crude oil production on the economy.

The Minister of Industry, Trade and Investment, Niyi Adebayo, revealed this during a media briefing in Abuja ahead the 16th edition of the annual conference of the African Cashew Alliance. The event which is alternated among member countries is held annually to avail cashew-producing countries the opportunity to share experiences and attract investment to the sub-sector.

 

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