Boosting Cashew Exportation: Experts Weigh In

The National Publicity Secretary of National Cashew Association of Nigeria (NCAN), Sotonye Anga, is optimistic that there would be a major increase in this year's cashew export.

The National Publicity Secretary of National Cashew Association of Nigeria (NCAN), Sotonye Anga, is optimistic that there would be a major increase in this year’s cashew export.

This year’s increase is against the $160,000 metric tonnes of cashew export worth $300 mill recorded last year.

His only reservation was that poor transportation system in the country could hamper this prediction and if Nigeria wants to realize her full export potential, it must invest more in transportation as well as provide more storage facilities.

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The Group Executive Director (GED), Logistics and Distribution, Dangote Group, Alhaji Sada Ladan, could not agree more with Anga’s reservation as he described the country’s transportation system as disturbing during a forum organized by the Institute of Directors (IoD) in Lagos.

He noted that the inland transportation of the country was making it impossible for the group to move its product to different states and in a case where they have to defy all odds to transport a product through another state, an extra 40% would be added to their products price.

Similarly, former Nigerian Airways Managing Director, Mr. Yomi Jones, said Nigeria’s transportation infrastructure had the worst performance on the logistics indicator, unlike other countries.

The solution according to Mr. Jones was the provision of adequate infrastructure capacity on which the various modes (road, rail, waterways, and air network) can form a logistics chain for the seamless flow of goods and services since good transportation system forms the backbone of any country’s economy.

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