Friday 14 August 2015

Farmers News - USAID Concludes Study on Nigeria Cashew Industry

The United States Agency for International Development has concluded a study on the Nigerian cashew industry.

According to a statement from USAID, findings of the study will be discussed during a two-day workshop on cashew business competiveness and environmental sustainability hosted by the   African Cashew Alliance and USAID.

The statement said the workshop scheduled to hold in Ilorin in August would engage cashew industry stakeholders on the business of cashew.
The event is said to be jointly organised by the USAID Nigeria Expanded Trade and Transport Project and the Nigerian Export Promotion Council and solely sponsored by the USAID West African Trade Hub Network Project.

It added that the workshop was aimed at increasing the competitiveness of cashew processing in Nigeria by actively involving processors in training sessions.

The statement read in part, “These training sessions will cover business competitiveness and environmental sustainability, two topics that are crucial to the future of the industry.

“The study will be discussed among a panel of cashew industry experts.”

The findings, according to the agency, come at a moment ripe for change in the industry.

“In the light of recent challenges, it is clear that the future of the African cashew industry relies heavily on sustainability efforts, such as improvement in the quality of cashew production, upholding social and labour standards and ensuring good agricultural practices in order to create new market opportunities and foster new business relationships.”

The Nigerian cashew committee is expected to address panelists about a national cashew strategy originally devised in October 2014 to increase local business competiveness.

Training is also expected to cover technical aspects of the processing business such as cost control, productivity, efficiency, market information system, food safety regulations and policy advocacy.
At the end of the training, participating processors will have a chance to gather with industry experts to discuss local challenges and draw up action plans for the Nigerian cashew sector.

The Business Advisory Manager at ACA, Mr. Sunil Dahiya, was quoted as saying that by building local capacities and facilitating dialogue for prompt cashew policy advocacy within the country, the workshop would do much more to further the long-term sustainability and vitality of the cashew industry.

Source:  http://www.punchng.com/business/industry/usaid-concludes-study-on-nigerian-cashew-industry/

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