The National Cashew Association of Nigeria (NCAN) has raised significant concerns regarding proposed restrictions on raw cashew exports, arguing that such a ban could jeopardize approximately five million jobs across the sector. This development comes amid ongoing leadership disputes within the association, prompting NCAN to call for impartiality from the trade minister to ensure fair representation in the resolution process.
NCAN emphasizes that the ban could lead to detrimental economic impacts, particularly for farmers and small producers who rely heavily on cashew exports for their livelihoods. In a statement, NCAN President, Uzor Nwosu, asserted, "Restricting exports will not only threaten jobs but will also hinder agricultural growth and innovation in Nigeria."
As discussions around the ban continue, stakeholders are urging the government to consider alternative strategies that promote value-added processing rather than imposing blanket restrictions. The ongoing debate highlights the delicate balance between protecting local industries and ensuring that Nigeria remains competitive in global markets. If policymakers heed these warnings, they might steer the cashew industry toward a more sustainable and prosperous future.