The Federal Government says it plans to set up cashew processing plants in four states of the country to add value to the produce and create employment, wealth in the country.
The Minister of Agriculture and Rural Development Audu Ogbeh said in Abuja that the move would also reduce the waste of cashew fruits and delay in the export of raw nuts out of the country.
According to Ogbeh, Nigeria is currently wasting an estimated 8 million tons of cashew fruits annually.
He said the long term solution to the delay in export and stocking of cashew nuts at the ports is for Nigeria to be exporter of finished products and not raw materials.
The Minister listed the states where the plants would be set up to include Enugu, Benue, Kogi and Oyo.
