Tag: Farmers

  • Cashew Farmers Push Back Against Export Restriction Plans, Warn of Income Shock

    Cashew Farmers Push Back Against Export Restriction Plans, Warn of Income Shock

    2025-12-30 17:00:00

    In an update published by Punch, cashew farmers under the National Cashew Association of Nigeria urged the Federal Government to drop proposals to restrict or ban raw cashew exports, warning it could hurt livelihoods and non-oil export earnings.

    Stakeholders argue Nigeria lacks sufficient processing capacity to absorb output, meaning a clampdown could depress farm-gate prices and trigger job losses across trading and logistics chains.

    Supporters of restrictions say processors need protection from foreign buyers, but opponents insist the better fix is investment in processing plants, not an export ban.

    The Guardian quoted a stakeholder warning, “If the government bans raw cashew export, 95 per cent of what we produce will be left to rot.” NCAN’s Dr Joseph Ajanaku was quoted saying, “we can’t accept that and you cannot ban the export of raw cashew nuts in Nigeria.”

    Echotitbits take: If value-add is the goal, sequencing matters—processing capacity first, restrictions later (if ever). Watch for incentives (tax breaks, credit, export-processing zones) that expand local processing without crushing rural incomes.

    Source: The Punch— December 29, 2025 (https://punchng.com/cashew-farmers-oppose-export-ban/)

    The Punch 2025-12-29

    Photo Credit: The Punch

  • Lagos intensifies economic growth, gives 2000 people grants, empowers 2743 farmers

    Lagos intensifies economic growth, gives 2000 people grants, empowers 2743 farmers

    Another set of beneficiaries have emerged under the social inclusion programme initiative of the Lagos State Government which empowers indigent members of the society for economic independence and self-sufficiency.

    The Special Adviser to the Governor on Civic Engagement, Princess Aderemi Adebowale, stated this during the disbursement of the funds to 217 beneficiaries at the Adeyemi-Bero Auditorium, Secretariat, Alausa.

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    The programme, tagged ‘Eko Cares’, is aimed at actualising the Greater Lagos project of Governor Babajide Sanwo-Olu’s administration, through social inclusion and making Lagos a 21st Century economy.

    She explained that the programme, which is designed as a form of financial assistance to 2, 000 beneficiaries from all the Local Governments and LCDAs, will grant each beneficiary the sum of N20,000 to invest in economic activities that would guarantee a quick turnover.

    Adebowale stated that the impact of the exercise, which is being supervised by her office, is expected to stimulate micro-economic activities, promote a sense of belonging, reduce tension in the communities and enhance self-reliance.

    She added that the beneficiaries would also be exposed to business and investment opportunities requiring minimal start-up capital.

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    Adebowale noted further that many companies producing fast-moving consumer products have keyed into the programme.

    The Special Adviser, however appealed to the beneficiaries not to abuse the privilege, as successful participants will benefit more from mentoring from partners, who would closely monitor each beneficiary and give progress reports and recommendations for further empowerment funds.

    In a similar development, the Lagos State Government says about 2,743 farmers in the state will next week Tuesday receive inputs and productive assets under the State Government 2020 Agricultural Value Chains Empowerment Programme.

    The State Acting Commissioner for Agriculture, Abisola Olusanya, who disclosed this on Wednesday, July 22, 2020 in Lagos, explained that farmers, agro-processors, fishermen, butchers and marketers would all benefit from the empowerment programme as productive assets peculiar to all the agricultural value chains would be made available to them at no cost.

    According to her, the Agricultural Value Chains Empowerment Programme has been designed as a means of channeling the needed support to small-holder farmers who are actively engaged in the various Agricultural Value Chains thereby creating further wealth and job opportunities in farming communities.

    Olusanya explained that the aim of the empowerment programme was to provide the necessary inputs and assets needed by farmers to improve food production in the State in an effort targeted toward increasing the State’s self-sufficiency to 40% of food needs by 2023.

    “The overall aim of the Agric Value Chains Empowerment Programme is to provide the necessary agricultural inputs & productive assets to farmers as a means of achieving improved food production & supply as well as delivering optimum economic benefits to farmers and other operators.

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    “The Empowerment Programme would further contribute to the achievement of the vision of ‘Making Lagos a 21st Century Economy’ and also the attainment of United Nations’ Sustainable Development Goals 1, 2, 5, 8, 10, 12, 13, 14, 15 and 17 of no poverty zero hunger, gender equality, decent work and economic growth, reduced inequality, responsible consumption and production, climate action, life below water, life on land as well as partnership to achieve the goal would be met”, she said.

    By Tobiloba Kolawole