Make extra Income Trading Cashew nut in Nigeria

From Taiwo Kamorudeen Afolabi

ROASTED CASHEW NUT 

                Cashew (Anacardium Occidentale L.) is a tree crop of considerable economic importance to Nigeria and other tropical countries.  Major cashew growing areas in Nigeria are, (by order of importance);  Enugu, Abia, Imo, Anambra, Ebonyi and Cross River State in the Eastern part of the Country;  Oyo, Osun, Ondo, Ekiti and Ogun States in the Western part; Kwara, Kogi, Nassarawa, Benue, Taraba, Niger and FCT in the middle  belt as well as Sokoto and Kebbi states.  The major of quality exportable nuts come from Western and Eastern parts of the country.  The major buyers of cashew nuts from Nigeria are mainly India, Netherland U.S.A and Singarpore. 

 

 Cashew trees, which may live forthirty to forty years, start bearing fruits in the third or fourth year. They grow in warm regions, with an annual rainfall of 1,000 to 3,000 mm. cashew trees were planted in India in the 16^th century mainly to prevent soil erosion. Easily cultivated, require little care and produce an annual average of 50 to 75 kg of apples and nuts per tree, yielding approximately 3kg of cashew kernels. Cashew nuts are available for trading from March through June every year. 

 

  A smaller percentage goes to Europe.  The export free on board (FOB) price of raw cashew nut varies from about USD 700 to 800 per metric tonnes.  However, when an exporter adds value to this product by processing into kernels, the fob price could quadruple that of raw cashew nut.  The local price per metric tonne (MT) of raw cashew nut delivered to Lagos varies from NGN 80,000 during the peak season to about NGN100,000 during  the off season.  The return on investment is between 28% to 31% in Nigerian, cashews are packed in 800kg jute bags  or in polypropylene bags.  Processed nuts are exported in metal tins or cartons.  The tins are infused with carbon dioxide and vacuum sealed to safeguard against contamination and deterioration during shipment.  By far, the US is the largest buyer of cashew kernels followed by Netherland.                                                                                 

                                                                         Packed for Export (Cashew Nuts)          

Nigeria we reduced unemployment, if we can tap into non oil exports 

The cashew kernel is the main commercial products of the cashew tree. The kernel which is the edible part of the nut, contain 47% fat  (of which 87% are unsaturated fatty acids) 21% protein, 22% carbohydrates, remaining 10% made up of other substance including calcium, phosphorus, iron and various vitamins, the main one being A,D and E. The cashew kernel has a high percentage of polyunsaturated fatty acids, in particular Linoleic acid and is an important source of Sodium, Calcium, potassium,  Phosphorous, Iron, Copper, Zinc, Chlorine and Selenium.

According to medical  sources, cashew nuts may help to lower the cholesterol level in blood and to control diabetes.

who says we can not have this in Nigeria? You know how many people this will engaged?

 For more information on how to buy mail

cashewnutsinfo@gmail.com or cal:

+2348023530627

+2348175615463