NCAN signs N1bn deal with shipping companies to export cashew nuts
LAGOS – The National Cashew Association of Nigeria (NCAN) has said that it had signed a N1 billion deal with shipping companies in Nigeria to export cashew nuts.
Mr Sotonye Anga, the National Spokesman of the association, disclosed this in an interview with newsmen in Lagos.
He explained that the deal was sealed at a meeting with cashew exporters, shipping companies and forwarding agents.
According to him, cashew exporters will export 6,700 containers of cashew nuts to Vietnam, India and other Asian countries this year.
“We are pleased with the outcome of the cashew logistics meeting, held on Saturday the February 20 with stakeholders.
“We are giving shipping companies more than 6,700 container loads of cashew nuts for shipment to India, Vietnam, and other Asian countries.
“This translates to $5 million (N1 billion) worth of business which is about One billion naira as our industry wide cost of shipment.
“In return, we demand from them the best of service.
“We want the best in terms of care in handling our cashew shipments, shorter delivery and transit time at a pocket friendly rate.
“We insist on global best practice for cashew handling and so we will work closely with the shipping companies to come up with an industry
