Nigeria is hoping to double the 315,677 metric tons of cashew nuts which it exported in 2022. The value of last year export is US$252 million.
But the country hopes to reap a whopping US$504 million from exportation of the same produce in 2023.
Last year, the commodity accounted for 5.24 per cent of the country’s non-oil export portfolio. This is contained in the data obtained by the Nigerian Export Promotion Council (NEPC) from various pre-shipment inspection agents.
Responding to the development, the Executive Secretary of NEPC, Dr. Ezra Yakusak, disclosed that raw cashew was the fifth leading non-oil exportable product in Nigeria in the 2022 Non-Oil Performance Report.
“The aim of the export drive is to support the Nigeria cashew sector and increase cashew productivity and efficiency, improve crop quality, and improve harvest and post-harvest techniques”, he said.
He said, “in 2022, our non-oil performance export performance indicated that cashew was the fifth leading non–oil exportable product in Nigeria.
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