By Gabriel Ewepu
The National Cashew Association of Nigeria (NCAN) has restated its commitment to the growth and stability of the country’s cashew industry, emphasizing the need for unity among stakeholders to sustain ongoing progress.
In a statement issued on Monday, NCAN’s National President, Dr. Ojo Ajanaku, addressed recent concerns raised in a publication by a cashew processing group. He said the clarification was necessary to ensure accurate public understanding of the sector and to reaffirm the industry’s openness to genuine investors.
“The National Cashew Association of Nigeria (NCAN), the duly recognized apex body for the Nigerian cashew value chain, notes the recent publication attributed to the Cashew Processors and Packers Association of Nigeria,” the statement read. “While NCAN welcomes constructive contributions from all stakeholders, it is important that public discussions reflect verified facts and the collective efforts needed to move the industry forward.”
Dr. Ajanaku reiterated that NCAN has, for over two decades, served as the umbrella body recognized by government agencies, international partners, and global industry networks. Its mandate, he explained, covers coordination of national cashew policies, support for farmers and state-level associations, promotion of export competitiveness, facilitation of international cooperation, and maintaining harmony across the value chain.
He stressed that collaboration—not fragmentation—remains critical to sustaining recent gains within the industry. “The global cashew environment demands unity. Nigeria’s cashew industry is a national asset capable of creating jobs, boosting foreign exchange earnings, and supporting rural livelihoods,” he said.
According to NCAN, recent months have seen notable progress, including stabilized farmgate prices, strengthened partnerships with federal and state institutions, enhanced international relations, and increased investment interest ahead of the 2026 cashew season.
On policy matters, the association reaffirmed its support for initiatives that expand local processing, protect farmers, improve market conditions, and strengthen Nigeria’s competitiveness. It noted that ongoing engagements with government agencies aim to ensure policies remain transparent, evidence-based, and aligned with national development goals.
The association maintained that Nigeria’s cashew sector is experiencing growth, citing improved export performance, increased farmer participation, and renewed government attention.
Dr. Ajanaku encouraged stakeholders to channel concerns through established industry platforms and technical committees to ensure productive dialogue. “Constructive engagement is essential to sustaining investor confidence and building on the progress already achieved,” he said.
“Courtesy – VANGUARD NEWSPAPER”