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NCAN Distributes 120,000 Cashew Seedlings to Boost Non-Oil Exports

Olusola Blessing by Olusola Blessing
July 12, 2025
in Agriculture&Agro-Allied, News
0
NCAN Distributes 120,000 Cashew Seedlings to Boost Non-Oil Exports
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The National Cashew Association of Nigeria (NCAN) has distributed over 120,000 high-yield cashew seedlings to farmers as part of its drive to strengthen the country’s non-oil exports and boost foreign exchange earnings.

Funded entirely through internal member contributions, the initiative aims to scale up Nigeria’s cashew production, positioning the crop as a major contributor to the national economy. According to NCAN, this marks a crucial step towards diversifying the country’s export base and reducing dependence on crude oil.

 

NCAN National President, Dr. Ojo Ajanaku, disclosed that the distributed seedlings are the highly sought-after Ogbomosho variety, known globally for their fast maturity and high commercial value. These seedlings have been produced and distributed across seven states, with Enugu receiving 50,000, Edo 40,000, and Oyo 30,000.

The association’s broader target is to distribute a total of 300,000 seedlings in the coming months. The long-term vision, according to Ajanaku, is to raise Nigeria’s annual cashew production to two million metric tonnes—a move that could significantly increase export revenue and create thousands of rural jobs.

He also emphasized the strategic importance of cashew farming in promoting national security through productive land use and curbing rural unemployment. “Cashew is not just a crop—it is a tool for economic stability, food security, and youth empowerment,” he said.

However, Ajanaku noted that for Nigeria to fully harness the potential of its cashew sector, there must be stronger institutional support. He urged agencies like the Nigeria Agribusiness Development Fund (NADF), National Agricultural Land Development Authority (NALDA), and National Agricultural Seeds Council (NASC) to partner with NCAN in expanding access to quality seedlings, providing training, and strengthening the value chain.

The initiative reflects growing private-sector efforts to revitalize Nigeria’s agriculture sector and make it a key driver of economic growth. As global demand for cashew continues to rise, NCAN believes Nigeria is well-positioned to become one of the world’s leading producers—if the right investments and policy support are in place.

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