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Imo Farmers Earn $8.6 Million from Cashew Exports in 2024

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Cashew farmers in Imo State recorded $8.6 million in earnings from production and exports during the 2024 fiscal year, according to the Nigerian Export Promotion Council (NEPC).

NEPC Executive Director, Nonye Ayeni, disclosed this during a cashew production workshop held in Owerri on Friday.

Speaking on the theme “Best Agronomic and Post Harvest Practices for Cashew Cluster Farmers in Imo State,” she highlighted the importance of boosting cashew farming to ensure sustainable growth in Nigeria’s agricultural export sector.

Represented by Imo NEPC Coordinator, Anthony Ajuruchi, Ayeni praised cashew farmers in the state for their determination despite challenges.

Expanding Cashew Production for Greater Value

Ayeni noted that the cashew value chain offers several opportunities beyond direct exports. She explained that cashew products can be used to manufacture wine, liquor, cream, butter, and other consumables, creating additional economic benefits for farmers.

She announced that NEPC had facilitated the purchase of 1,500 improved cashew seedlings for distribution to farmers in Okwudor and Okigwe. The seedlings aim to boost production and improve the quality of cashew exports.

“Just like we did for cocoa two years ago, these cashew trees will bear fruit and add value,” Ayeni said.

Ayeni commended the Imo State Government for creating an enabling environment that supports farmers and exporters. She acknowledged ongoing policies that enhance agricultural development and trade opportunities in the state.

She encouraged more farmers to take advantage of available resources and develop their expertise in cashew production to maximize profits.

Cocoa Research Institute Encourages Farmers

Speaking at the workshop, the Executive Director of the Cocoa Research Institute of Nigeria (CRIN), Adebola, urged farmers to expand their interest in cashew cultivation.

Represented by Dr. Olaniyi Olufemi, CRIN’s Head of Station in Umuahia, he reassured farmers that the institute is ready to provide technical assistance and agronomic guidance.

“CRIN will support farmers interested in cashew, kola, coffee, cocoa, tea, and black plum with agronomic expertise,” Olufemi stated.

The workshop served as a platform to promote best practices in cashew farming and strengthen collaboration between farmers, government agencies, and researchers.

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