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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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LG Autonomy: Supreme Court Judgment A Distraction -Governor Makinde

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“They said there is a judgment of the Supreme Court on local government autonomy. I think it is just a distraction. We must face the real issue that we have.

“The issue that we have is that we are not producing enough. We are not productive. Maybe it may be part of the problem, we want to have value for what is being shared but our problem is productivity.

“How much are those LGAs generating within their domains? Can they survive without handouts from Abuja? Handouts from Abuja, is that the way to go? Is it sustainable?” -Governor Seyi Makinde, Oyo At Audience With NUJ

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You Cannot Benefit From Country You Curse – Shettima Warns Nigerians

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Kashim Shettima has warned Nigerians against hauling curses on the country as a result of the hardship, stating that it would be impossible for abusers to benefit from a system they have abused.

He stated that there are a lot of opportunities in Nigeria and therefore urged Nigerians to count their blessings instead of putting the country down through words.

In his words, “Let us count our blessings. Let us not put our country down.

He emphasized that, “It cannot be tales of woes all the time. As bad as things are today and with all the inflation, there are sectors that are doing incredibly well. The health sector is doing very well.

The petroleum sector is doing well. The Agric sector is doing well, for those who are planting cassava.

“People buy it there on the farm. I am not saying that things are easy. The government has come with very tough reforms.

“However, you have to position yourself in the reform. If you go out and say Nigeria is a shitty country, forgive my French, you are going to get shitty results.

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President Bola Tinubu steps aside as ECOWAS Chairman as his tenure comes to an end today (Sunday).

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The 65th Ordinary Session of the Authority is holding at the Presidential Villa in Abuja where he is expected to pass on the torch to another leader.

The Military leaders of Niger, Mali, and Burkina Faso rule out returning to ECOWAS even as President Bola Tinubu leads Heads of State of the 15-member bloc in a Summit in Abuja to persuade them to return.

“Westerners consider that we belong to them and our wealth also belongs to them. They think that they are the ones who must continue to tell us what is good for our states. This era is gone forever; our resources will remain for us and our populations,”
says Burkina Faso’s leader, Capt. Ibrahim Traoré.

“”Our people have irrevocably turned their back on ECOWAS,” Niger’s General Abdourahamane Tiani says.

“The attack on one of us will be an attack on all the other members,” insists Mali’s leader, Col. Assimi Goïta.

The trio signed a confederation treaty on Saturday, underscoring their determination to chart a joint course and exit the bloc which is urging them to return to democratic rule.

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