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Nigeria: Growth in cashew industry could create 300,000 jobs

The Cashew Nut Association of Nigeria has ambitious growth plans for its industry - 400,000 tons per annum by the close of 2012. Currently the amount produced is closer to 10,000 tons. Quite a boost, but that is the plan of Association President, Tola Faseru.

Faseru says that the growth will be very good for the country's economy - 1,000 new businesses are expected to start up as a result of increased cashew production. These, it is anticipated, will secure permanent employment for 300,000 people, in an industry that already employs a similar number.

Unemployment is a major issue in Nigeria so this is welcome news indeed. The new jobs would not just be in directly agricultural roles, but also in processing, roasting, salting and packaging for example.

Source: www.thenationonlineng.net

Publication date: 2/13/2012


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