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FG Will Set Up Cashew Processing Facilities In Four States – Ogbeh

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The federal government plans to establish cashew processing facilities in four states in order to add value to the products and create employment and prosperity in the country.

Chief Minister Audu Ogbeh, Minister of Agriculture and Rural Development, said in an interview with the Nigeria News Agency (NAN) in Abuja. Ogbeh said the move would also reduce the waste of cashews and delay the export of raw nuts from the country.

According to him, we are currently wasting an estimated 8 million tons of cashews every year.
He said that the long-term solution to the delay in the export and storage of cashews in ports is for Nigeria to be an exporter of finished
products and not of raw materials.

Ogbeh listed the states where the plants would be installed to include Enugu, Benue, Kogi and Oyo.

“The challenge is usually access to credit because a good line of cashew processing will cost around two million dollars to do something like 10 to 20 tons per day.We aim to establish at least one plant each in Enugu and Benue , two plants each in the states of Kogi and Oyo, these are the main producers of cashew now.

“We want to assure those interested in the cashew that in our next level activities, we intend to stop the export of raw nuts and process all our cashew nuts here and we hope, by the grace of God, to have one or two plants ready before next year.

“We’re talking to Brazilians now, we want to bring machines from Brazil to process the cashew fruit in juice that has a high vitamin C content.

“It’s very good for our health because we are currently losing approximately eight million tons of cashew nuts per year, throwing them away,” he said.

Ogbeh added: “That’s what the West African Cashew Association told me, only in Nigeria, that we wasted eight million tons.

“This is our concern, we are very concerned with this development, but later in the year, I will have a meeting with the producers of cashew nuts and the farmers’ association to sit down with the CBN and get help.”

The minister, who lamented that the country has been a major importer of goods and services, said the government is determined to change the trend.

“The challenge that Nigeria faces is that we have been an importing nation that has destroyed our economy.

“We want to change now and become a nation of exporters.

“We have to find unorthodox ways to find capital for those who want to grow these industries because, on their own, they can not meet the conditions of banks and financial institutions.

“It is impossible for them to raise the necessary capital, which is why the CBN initiatives are very important for us, we have been working with them and we are achieving results.”

“The treasure of Nigeria, including the CBN, has to find a way to overcome obstacles, mountains, rivers, blocking our path to industrial growth.

“If not, we will remain perpetually poor and permanently unable to create wealth and create jobs for our people,” he said.The federal government plans to establish cashew processing facilities in four states in order to add value to the products and create employment and prosperity in the country.
Chief Minister Audu Ogbeh, Minister of Agriculture and Rural Development, said in an interview with the Nigeria News Agency (NAN) in Abuja. Ogbeh said the move would also reduce the waste of cashews and delay the export of raw nuts from the country.
According to him, we are currently wasting an estimated 8 million tons of cashews every year.
He said that the long-term solution to the delay in the export and storage of cashews in ports is for Nigeria to be an exporter of finished
products and not of raw materials.
Ogbeh listed the states where the plants would be installed to include Enugu, Benue, Kogi and Oyo.
“The challenge is usually access to credit because a good line of cashew processing will cost around two million dollars to do something like 10 to 20 tons per day.We aim to establish at least one plant each in Enugu and Benue , two plants each in the states of Kogi and Oyo, these are the main producers of cashew now.
“We want to assure those interested in the cashew that in our next level activities, we intend to stop the export of raw nuts and process all our cashew nuts here and we hope, by the grace of God, to have one or two plants ready before next year.
“We’re talking to Brazilians now, we want to bring machines from Brazil to process the cashew fruit in juice that has a high vitamin C content.
“It’s very good for our health because we are currently losing approximately eight million tons of cashew nuts per year, throwing them away,” he said.
Ogbeh added: “That’s what the West African Cashew Association told me, only in Nigeria, that we wasted eight million tons.
“This is our concern, we are very concerned with this development, but later in the year, I will have a meeting with the producers of cashew nuts and the farmers’ association to sit down with the CBN and get help.”
The minister, who lamented that the country has been a major importer of goods and services, said the government is determined to change the trend.
“The challenge that Nigeria faces is that we have been an importing nation that has destroyed our economy.
“We want to change now and become a nation of exporters.
“We have to find unorthodox ways to find capital for those who want to grow these industries because, on their own, they can not meet the conditions of banks and financial institutions.
“It is impossible for them to raise the necessary capital, which is why the CBN initiatives are very important for us, we have been working with them and we are achieving results.”
“The treasure of Nigeria, including the CBN, has to find a way to overcome obstacles, mountains, rivers, blocking our path to industrial growth.
“If not, we will remain perpetually poor and permanently unable to create wealth and create jobs for our people,” he said.

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Buhari Govt Sold Nigeria’s Future, Says Governor Mutfwang

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“This government inherited an economy where we simply printed money up to the tune of ₦30 trillion and shared. This government inherited an economy where the crude oil we’re yet to take out of the ground has been sold in advance.

“So when you’re talking about the fall of the naira, it’s not rocket time. We sold our future under the last administration. No wonder you’re hearing of riots today, people intercepting food on the way. We are lucky on the Plateau that perhaps we have more food than many other states.

“And I pray that the time will not come on the Plateau that we will see this kind of riot for food, but it means we must roll over our sleeves and get to work. And that is why, for us as a government, when we announced one of the positions that talked about Food Security, people were laughing but it is a serious issue.” -Governor Caleb Mutfwang, Plateau At Swearing-In Of Special Advisers, Heads Of Govt Agencies

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After Meeting NGF Chairman, Akpabio Apologies To state Governors Over N30bn Claim

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The President of the Senate, Godswill Akpabio, has finally apologised to the Nigeria Governors’ Forum (NGF) under the leadership of Governor Abdulrahman Abdulrazaq of Kwara State over his comment on the N30bn allowance allegedly given to them to cushion the effect of inflation in food prices.

This was coming after the Senate President held a meeting with the NGF Chairman and some of his counterparts in Abuja yesterday.

Akpabio had, at a plenary sitting last Tuesday, said an “unverified report” indicated that state governors received N30bn each from the Federation Account to cushion the effect of inflation and the high cost of food prices.

The statement has generated controversies in the public space, with some commentators asking governors to come clean about the money they did not collect.

However, on Monday, Akpabio in a statement by his Special Adviser on Media and Publicity, Eseme Eyiboh, retracted the statement, saying the SP held the governors in high esteem.

The statement reads below:

“During the session, the President of the Senate commented on the payment of an unverified cumulative sum of about N30bn to the sub-national governments by the Federal Government for various interventions to ameliorate the food situation of our citizens at the sub-national governments.

“The unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted. In considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.

“The President of the Senate is not oblivious to the fact that state governments are functional partners in all the efforts of the current administration of President Bola Tinubu and are also valuable stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people.”

Eyiboh added that Akpabio has always demonstrated commitment to team building and shall not do less in the circumstance.

He, therefore, urged the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement.

He added, “The President of the Senate recognises and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.”

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Police arrest wanted Abuja kidnapper, Dahiru after Wike’s N20m Bounty

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Operatives of the Federal Capital Territory Police Command have arrested a wanted notorious kidnapper, Saidu Abdulkadir, popularly known as Dahiru Adamu.

This comes barely three days after the FCT Minister, Nyesom Wike placed a N20m bounty on the suspect and one other wanted kidnapper, Abu Ibrahim.

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