Cashew is the money making, health promoting, soil conserving and environment friendly crop. Findings show that the minimum land size that will make business sense for commercial cashew production should be 40 Hectares planted with hybrid premium cashew yielding up to 2 tons per Hectare. By establishing cashew plantations we are setting up our farmers for success and prosperity.

1. ESTABLISHING 40 HECTARES
PLANTATION
By
Sotonye Anga
Agribusiness Strategist
anga4000@yahoo.com 08035253957Tel:

3. COUNTRY OVERVIEW
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Nigeria, Africa’s most populous Country, has a
population of over 170 million people. Currently
the nation produces about 160,000 tons of
cashew nuts annually. Cashew in Nigeria is grown
in most of the States including: Kogi, Kwara,
Enugu, Anambra, Imo, Abia, Cross River, Edo,
Nassarawa, Benue, Taraba, Ogun, Oyo, Ondo,
Ekiti, Delta, Akwa Ibom, Niger and Osun.
However, the crop can grow in almost all parts of
the Country.

4. WHAT CASHEW IS
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5. WHY PLANT MORE CASHEW?
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• Considering the rising global demand for
cashew driven by increased cashew
consumption and industrial application/uses
for cashew, it makes economic sense to
expand cashew production across Nigeria.
• The need to diversify Nigeria’s economy from
crude oil.
• Earn more foreign exchange.
• Reduce poverty and create more prosperity.

6. 3GLOBALLYTRADEDCASHEWPRODUCTS
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Raw cashew
nuts (RCN)
Cashew nut
shell liquid
(CNSL)
Cashew
kernel (CK)

7. NATIONAL AVERAGE YIELD
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Currently with our traditional seeds,
cashew yields are low averaging
600kg per hectare. So achieving 1
ton minimum yield per hectare will
prosper our farmers.

8. HYBRID CASHEW SEED
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9. PROCEDUREFORCASHEWPLANTATIONESTABLISHMENT
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• Clear/prepare the land.
• Peg the land to achieve right
spacing.
• Create planting holes April/may .
• Within 2-3 weeks fill back the holes
with soil removed.
• Plant seedling June/July.

10. STARTA40HaCASHEWPLANTATION
Sotonye Anga
Findings show that the minimum
land size that will make business
sense for commercial cashew
production should be 40 Hectares
planted with hybrid premium
cashew yielding up to 2 tons per
Hectare.

11. COST BREAKDOWN
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12. SALES
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13. RETURN ON INVESTMENT
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• Cost of producing 40 tons 3,872,000.
• Cost of sales for 40 tons N12,000,000.
• By the 18th month the cashew tree
starts producing fruits.
• By the 4th year you enjoy commercial
harvest.
• For the next 50 years you keep
harvesting and selling your cashew every
year.

14. WHATHAPPENSBYTHE5THYEAR
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Sales revenue from the 4th and
5th harvest from your cashew
plantation will very well pay off
e x p e n s e s c o v e r i n g l a n d
acquisition, seedlings and land
preparation.

15. GETTING LAND
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Agricultural land acquisition
per hectare can be done
through lease for 10 to 20
years or out right purchase.

16. BUY YOUR LAND
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Land purchase in most rural areas
across Nigeria sells at between
N150,000 –N350,000 per
hectare.

17. CASHEW FOR PROSPERITY
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By establishing cashew
plantations we are setting
up our farmers for success
and prosperity.

18. Thank You
Sotonye Anga
Agribusiness Strategist
anga4000@yahoo.com 08035253957Tel: