Author: The Nation

  • Oshiomhole to Labour: Engage govt on tax laws 

    Oshiomhole to Labour: Engage govt on tax laws 

    The Senator representing Edo North, Adams Oshiomhole has charged the Nigeria Labour Congress (NLC) to engage the federal government on the new tax laws that took effect last week. 

    Oshiomhole told Joe Ajaero, the President of the NLC, to fight for workers if he believes there are provisions in the laws that are against Nigerian workers. 

    The former President of the NLC noted that lamenting about the tax laws will not stop it from taking off.

    Oshiomhole spoke during the book launch and 85th birthday celebration of an ex-president of the NLC, Hassan Sunmonu on Wednesday in Abuja. 

    The event was chaired by former president, Olusegun Obasanjo.

    The book title: “Organise, Don’t Agonise” was reviewed by the Catholic Bishop of Sokoto Diocese, Matthew Kukah.

    The former governor of Edo State said, “I listened to Ajaero and he was agonising that minimum wage workers are asked to pay tax. Do you think if you cry from here till tomorrow it will stop? The lesson of Sunmonu is: if it is wrong fight it. If you know it (the tax laws) is wrong fight it. Do not lament it. 

    “On the floor of the senate I always say I didn’t come to Abuja to lament imperfection. And I believe so. Because what the people needs is not our tears, it is not our emotional statements. Those who do bad things don’t do it out of ignorance and those who enjoy a particular order will not give up. You have to fight them to give up. 

    “The minimum wage is exempted from tax. So when you (Ajaero) say minimum wage is being taxed they will see that as a loophole and say he doesn’t know what he is talking about. 

    “The tax laws are subject to amendment the same way you negotiated a benchmark for the minimum wage.”

    Speaking earlier, Ajaero lamented the exclusion of organised labour from the processes that led to the new tax laws. 

    Ajaero said, “There is an urgent need for deeper, more sincere, and structured engagement with the trade union movement at all levels. Policies; from fuel pricing to taxation, from wage to social services; must be crafted with the active, respected input of those who represent the workers and the broader masses. To sideline the organised voice of labour is to design policies on shaky, exclusionary foundations, destined to generate crisis and agony as is being witnessed currently.

    “A poignant example of the failure to engage and obey the law is the ongoing travesty with the new Tax Laws . The Tax Laws went through a process that clearly excluded Nigerian workers and masses who are the major tax payers in Nigeria. From the Presidential Committee on Tax which Nigerian workers were deliberately excluded, we knew that the workers and masses were going to be on the menu (“eaten”); we said so and alerted the nation, then the Legislative processes; we warned of the dangers but no one listened.

    “Today, the result is clear; Laws with serious alterations directed at making workers and the poor poorer ha s become the outcome. Tax Law that imposes heavy burden on workers and the poor is not progressive. Tax that taxes the national minimum wage is not fair. Tax that taxes the masses who are living in excruciating poverty is regressive. That was why we were excluded from the Committee and that was why our warnings went unheeded. We do not see anything wrong in pausing along this negative path, rethink, and, redirect.”

    The NLC president urged the government to fully constitute the National Pension Commission (PenCom) Board.

    He also urged the government to address immediately the concerns of Nigerians concerning the tax law instead of the “present grandstanding by Mr. Oyedele and Zacch.”

    Ajaero said, “Insisting on going ahead is akin the muddling along in confusion and darkness since we do not know which one is truly the Law. Continuing with this is a dangerous pattern that seriously undermines the tax administration itself and indeed our democracy.

    “We advise this government; your legacy must be in crafting foundational and credible laws that strengthen institutions, not undermining them. When you bypass key stakeholders, distort acts of parliament, and rule by strong arm, you make a mockery of our democracy. You negate public trust and threaten national stability. 

    “True democracy is not just about elections; it is about the rule of law, institutional integrity, and governance that serves the many, not the few. 

    “Let this celebration of a life spent organising inspire a new chapter. Let the government move from agonising the people to organising with them. Let us build a democracy that delivers not just political freedom but economic liberation ; where the wealth of the nation serves the welfare of its people. It is on this note that we once again call on the federal government to urgently address the wages of Nigerian workers before next year’s statutory negotiation of the national minimum wage.”

    Ajaero added, “Comrade Sunmonu, as we launch your book today, we pledge to keep its central message alive. We will continue to organise. We will continue to challenge power. We will continue to fight for a Nigeria where no worker has to agonise over poverty, insecurity, heavy Taxation or a stolen future riddled with national debt. 

    “To our guests, thank you for joining us. Let us celebrate our hero, draw lessons from his life, and recommit to the struggle. Join us in organising our nation and our people so that together, w e can build a nation that caters for the majority.”

    The author of the book, Sunmonu urged trade union leaders to be upright in their dealings. 

    Sunmonu said, “Leaders, you are warned. You have the choice to stay clean and abide by the grace of God or join them (politicians) to do the wrong thing, disgrace themselves and incure the wrath of God.

    “Let us stay the cause in the interest of the future of our children and grant children. The faith Nigerian workers have in us is a sacred trust that we should not betrayed. If we betray it here and thereafter, the judgements are there. Let us stay the cause.”

    Obasanjo commended the role of the author in the struggle for workers’ right in the country. 

    He recounted how his administration reformed the labour movement in the country. 

    Obasanjo also commended Sunmonu for taking the labour movement beyond Nigeria and to the world. 

    “Hassan was the one that took labour beyond the Nigerian border. He took it to Africa, he made it continental and by making it continental, he made it global.”

    Obasanjo added: “When I came on the scene, I needed a Nigerian labour union organised by Nigeria, controlled by Nigeria and financed by Nigeria. 

    So I decided there was going to be a labour union reform and I think the man I put in charge was Justice Adebiyi and Hassan was one of those who was in the forefront to ask what I know about labour that I was asking for reforms. 

    Read Also: Oshiomhole gets set as Okpekpe 10km Road Race returns in May

    “I took it that I didn’t know anything about labour but I knew that I wanted a Nigerian Labour Organisation that was headed by a Nigerian and funded by Nigeria. When Justice Adebiyi finished its job, we reformed labour and passed the law establishing the NLC. And Hassan became the first leader they elected. 

    “I don’t know how Hassan felt at that time but I felt comfortable because I had had a short spell in the ministry of works where Hassan was working. So I had known him in the ministry of work.”

    Obasanjo added: “When Hassan became the leader of the trade union, I needed him and he needed me. If Hassan was seen too close to me he would be seen as a sell out and he would not enjoy the confidence of the union members. 

    “I said to Hassan: ‘I need you and you need me and we have to succeed together. When I call you and we hold meetings, if it is necessary, after we have held our meetings, you go out and abuse me. Because if you do not go out and abuse me you will be seen as a being friendly with me which will not allow you to do the work that I want you to do.’

    “There was relative peace during that period. He managed his own side and I managed my own side and the labour union started growing from strength to strength.

    “We had a compulsory payment of dues which meant that money came into the purse of the union and it was compulsory and that cut out the KGB and CIA from our labour union.”

    The event was by former Secretary to the Government of the Federation, Boss Mustapha, former Governor of Osun Rauf Aregbesola; human rights lawyer, Femi Falana; Director – General of Michael Imoudu National Institute for Labour Studies (MINILS), Ilorin, Issa Aremu; President of the Academic Staff Union of Universities, Chris Piwuna; ex-NLC president, Ayuba Wabba; among other dignitaries. 

  • EFCC vows not to bow to blackmail, pledges fairness

    EFCC vows not to bow to blackmail, pledges fairness

    …Raises the alarm over plot to launch campaigns of calumny against Chairman, commission 

    The Economic and Financial Crimes Commission (EFCC) yesterday said it will not bow to blackmail to drop charges against some Political Exposed Persons(PEPs).

    It said it will remain non-political and non-partisan in line with the EFCC Establishment Act.

    It said anti-graft suspects undergoing investigation and prosecution were both in the ruling party and in the opposition. 

    It raised the alarm over plot to launch campaigns of calumny against the commission and its Executive Chairman, Mr. Ola Olukoyede by politicians and groups having vested interests in suspects. 

    The EFCC made its position known in a statement in Abuja by its Head of Media and Publicity, Mr. Dele Oyewale. 

    It said, “The Economic and Financial Crimes Commission (EFCC) wishes to alert the public of planned campaigns of calumny by politicians and groups having vested interests in suspects being investigated or facing prosecution by the commission.

    ‘A motley crowd of paid jobbers comprising  politicians , academics,  so-called civil society activists and some Nigerian fugitives in the diaspora have been recruited by these disgruntled elements to orchestrate campaigns of calumny through sponsored media attacks targeting the Chairman of the EFCC, Ola Olukoyede and the institution itself with phantom allegations of political bias in the execution of the commission’s mandate.

    “Their objective is to befuddle the works of the commission and, through scaremongering, intimidate the commission into a timid mode, where it will be afraid to investigate opposition politicians for fear of being labelled as partisan.

    “This campaign is likely to intensify as the political space becomes charged, in the months leading to the 2027 general election.

    “The commission wishes to put those recruited into this ignoble enterprise on notice that their activities are under close watch, and EFCC will not tolerate any attempt to distract it from the patriotic task of improving public accountability in Nigeria.

    The anti-graft commission restated its resolve to be non-political. 

    It vowed to investigate and prosecute any political actor belonging to the ruling party or opposition party.

    Read Also: JUST IN: Court grants EFCC’s request for temporary forfeiture of Malami’s 57 property

    It added, “The EFCC reiterates its non-political stance in all its activities. Facts on the ground clearly show that any political actor belonging to the ruling party or opposition party, with corruption baggage, has no hiding place from the operational radar and dynamics of the commission. 

    “As a matter of fact, several strong members of the ruling and opposition parties are either facing trial before the courts or being investigated by the commission.

    It said its declaration of all suspects and defendants on trial as innocent was based on the law and the  EFCC Establishment Act. 

     The commission said it was not out to shield any individual or group from prosecution. 

    The EFCC said, “It is needful that Nigerians appreciate the fact that the commission is keeping faith with its Establishment Act in all its operations. Commentaries about presumption of innocence of a defendant in court are in line with the provisions of the Constitution and not intended as defence of any individual or group. 

    “Additionally, the commission has no alliance or working relationship with any political party. All these facts are unassailable.   

    “The EFCC will not be pressured or blackmailed into making public disclosures of politically exposed persons being investigated for one alleged corruption case or the other.  “Therefore,  the Commission reiterates its commitment to justice, without fear or favour,  in the fulfilment of its mandate.”

  • Lawmaker hails Otu on Calabar carnival

    Lawmaker hails Otu on Calabar carnival

    Cross River State House of Assembly Chief Whip, Hilary Bisong, has attributed the economic relevance of Carnival Calabar to the vision of Governor Bassey Otu.

    He described the festival’s 20th anniversary as a turning point in state history.

    Bisong, who represents Boki II State Constituency, said last year’s carnival had moved beyond entertainment to delivering value for residents, small-scale enterprises (SMEs), and tourism.

    The Chief Whip, in a statement entitled “Celebrating Excellence: Governor Otu’s December of Culture, Unity, and Growth,” noted that last December indicated more confidence and purposeful governance in Cross River.

    The festival, the lawmaker continued, reflected a move by the Otu administration to reposition culture as a driver of enterprise and development, reinforcing the state’s status as Nigeria’s leading cultural and tourism destination.

    Bisong said visible infrastructure upgrades, enhanced security arrangements, and efficient coordination throughout the celebration were indicators of planning and leadership that prioritised both visitor experience and local participation.

    Read Also: Otu swears In Egbung as Bekwarra chairman, canvasses unity, good governance

    He described the 32-day anniversary as historic, highlighting vibrant performances by carnival bands, expanded cultural showcases, and improved hospitality services that boosted economic activities across the state.

    The lawmaker praised Otu for inviting former governors to the carnival, saying this was a step in the right direction.

    “It is symbolic of continuity and shared ownership of the state’s flagship cultural event,” he added.

    Besides, Bisong said the financial impact of the carnival was clear, as micro, small, and medium enterprises (MSMEs) recorded a boost in patronage.

    He noted that artisans gained visibility, hotels had high rates, while thousands of temporary and indirect jobs were created.

    He added that Carnival Calabar 2025 demonstrated the potential of culture to catalyze growth, empowerment, and social cohesion, adding that the festival has evolved into a great asset under Otu.

  • Okpebholo commissions low-cost dialysis centre

    Okpebholo commissions low-cost dialysis centre

    Edo State Governor, Monday Okpebholo, has commissioned a low-cost dialysis and diagnostic centre built by the Edo National Association Worldwide (ENAW).

    The dialysis centre, built in Benin City, the Edo State capital, charges a session of dialysis at N60,000.

    Governor Okpebholo said the initiative aligned with his vision for the health sector.

    Represented by Commissioner for Health, Dr. Cyril Oshiomhole, Governor Okpebholo said quality health care required collaboration.

    He said his administration placed emphasis on strengthening health care infrastructure, expanding access, and encouraging private.

    He assured ENAW of his administration’s commitment to ensuring the centre operated according to best practices and high professional standards.

    President of ENAW, Bose Ogbeifun-Oviasu, said she conceived the project because her eldest sister suffered from kidney disease for many years before she died.

    Engr. Oviasu said other dialysis centres were being constructed in Okpella in Edo North and Ekpoma in Edo Central.

    She said the prices were reduced because Edos in diaspora were committed to contributing little resources to ensure the poor have access to the services.

    According to her, “We are opening a door to hope, healing, and human dignity. We dedicate this dialysis centre — a beacon of compassion, resilience, and service — to the people who need it most.

    “In 2004, my family faced a challenging journey when my beloved sister battled kidney failure. | witnessed firsthand the pain, exhaustion, and endless travelling required for treatment. More importantly, | observed her courage, and it became clear to me that many others were fighting the same silent battle, often without the means or access to care.

    Read Also: Okpebholo affirms commitment to people-centred development in Edo

    “It was during those long, uncertain days that a vision took root in my heart — a vision that no one should have to suffer alone or lose hope simply because they cannot afford or access lifesaving dialysis treatment.

    “The EDDC in Benin (Edo South) is completed and is now being commissioned. The ENAW Dialysis Center in Okpella, Edo North Senatorial District, has also been completed and is currently being fitted with dialysis machines and other medical devices in preparation for its commissioning soon.

    “I am glad to inform you all that the ENAW Dialysis Centre in Ekpoma, Edo Central Senatorial District, is currently under construction.

    “Each centre stands as a testament to what is possible when purpose meets partnership, when empathy leads to action, and when leadership is guided by love.”

  • Taraba: Former FCT director Galadima joins APC

    Taraba: Former FCT director Galadima joins APC

    A former Director, Development Control of the Federal Capital Administration (FCTA), Mukhtar Galadima, has joined the All Progressives Congress (APC).

    The former director registered with the party at the Secretariat in Ibi, headquarters of Ibi Local Government Area of Taraba State.

    He pledged to work for the party and abide by the APC manifestos.

    Mukhtar Galadima retired recently as director of development control and was reappointed as a Senior Special Adviser (SSA) on Development Control to the FCT Minister, Nyesom Wike.

    Galadima disclosed that the idea to join politics was necessitated by the clarion call of the people of Ibi local government area to join politics and the APC as a party because of its manifestos, which are in line with the renewed hope agenda of President Ahmed Tinubu.

    He stressed that as an obedient son of the soil, he has no option but to obey the popular will and aspirations of his people.

    He highlighted some of his contributions to the People of Ibi and Wukari Local Government Area while in service, which include securing employment for youth, empowerment support programmes to women and youth groups, and provision of solar boreholes to various communities within Ibi/ Wukari Local Government Areas

    Others he highlighted were support to Islamic and Christian religious bodies, ongoing construction of a Hospital in Ibi, participation in critical stakeholders’ meetings, which borders on the development of Ibi Wukari, among others.

    Read Also: Wike appoints Galadima SSA on development control, planning 

    In his remarks, the Chairman of the All Progressive Congress, APC in Ibi Local Government Area, Mallam Shaibu Samaila, expressed gratitude to Galadima for accepting the People’s clarion calls to join politics and for choosing APC as his party.

    The APC Chairman said he had made the right choice, as, according to him, the APC today in Nigeria is the most acceptable and populous party in Nigeria and Taraba State in particular.

    The APC Chairman solicited the total support and cooperation of the members for the success of the party.

    The highlight of the event includes the presentation of the party membership card, chanting of the party slogan, and a rally around the town.

    In spite of short notice, hundreds of party loyalists graced the event, while hundreds of people cheered the Mukhtar Galadima convoy as it passed through the major streets during the rally.

  • Aggrieved ex-police officers seek Tinubu’s intervention over court-order reinstatement

    Aggrieved ex-police officers seek Tinubu’s intervention over court-order reinstatement

    Some aggrieved police officers have appealed to President Bola Ahmed Tinubu to direct the Nigeria Police Force (NPF) to comply with a judgment of the National Industrial Court (NIC) ordering their reinstatement after an alleged forceful and premature retirement from service.

    The affected officers are members of Courses 33, 34, and 35 (Force Entrants) of the Police Academy, who joined the Nigeria Police Force in 1996, 1999, and 2000, respectively.

    The officers had approached the NIC to challenge their compulsory retirement before attaining the statutory 35 years in service.

    In a judgment delivered on April 19, 2022, Justice Oyewumi Oyebiola ordered the Inspector-General of Police (IGP), the Police Service Commission (PSC), and the Force Secretary to reinstate the affected officers.

    The court also restrained the defendants from compulsorily retiring them.

    However, nearly three years after the judgment, the officers said the police authorities were yet to comply with the order.

    Read Also: 2027: Reps Deputy Speaker drums support for Tinubu, says Igbo must extend handshake to southwest

    However, in a letter addressed to President Tinubu and made available to the Nation in Akure, Ondo state capital, on Wednesday by their lawyer, Mr Adetoye Adejola, the officers appealed to the President to intervene and ensure the implementation of the court judgment.

    The petition, titled “Re: Petition on non-implementation of the judgment of the National Industrial Court of Nigeria in Suit No. NICN/ABJ/281/2021 between CSP Egong Egwu Egong & 3 Ors Vs. Police Service Commission & 2 Ors delivered on 19th April 2022, and a call to save the souls of members of Courses 33, 34, and 35 (Force Entrants) of the Police Academy.”

    The officers said that despite the judgment, the police authorities allegedly stopped the payment of salaries to the officers, forced some into retirement, and rendered others still in service redundant by failing to assign them duties.

    Commending President Tinubu for his recent directive withdrawing police officers attached to VIPs and redeploying them to frontline policing, they argued that the reinstated officers could help bridge manpower gaps in the force.

    “These officers, many of whom are still agile and possess extensive operational and leadership experience, remain valuable assets to the nation,” the letter said.

    The officers appealed to the president to order the immediate enforcement of the NIC judgment and recall the affected officers to service, particularly at a time of heightened insecurity across the country.

  • AIG Kwaimo debunks claim police buy uniforms, warns officers against indiscipline

    AIG Kwaimo debunks claim police buy uniforms, warns officers against indiscipline

    The newly deployed Assistant Inspector-General of Police for Zone 12, Vungmoh SM Kwaimo, has dismissed assertions that personnel of the Nigeria Police Force purchase their uniforms, describing such claims as misinformation rooted in ignorance.

    Kwaimo, who now supervises the Bauchi and Gombe State Police Commands, stated that police uniforms are centrally produced and issued directly to officers, adding that no member of the Force is required to procure his own kit.

    “We discovered that people who don’t know are engaging in nonsense talk that the police buy uniforms. The police do not buy uniforms. Policemen are issued uniforms,” he said.

    He explained that uniforms are provided for all officers and distributed periodically, noting that store officers across commands are routinely invited to Abuja to collect supplies.

    “What are they producing uniforms for, if not for everybody? Every time there is a distribution, officers in charge of stores are invited to Abuja to come and take,” he added.

    Kwaimo recounted that during his tenure as Commissioner of Police, Railway Command, Ebute Meta, officers had gone three years without receiving uniforms until he intervened to ensure they obtained their rightful allocation.

    “Just before I left Ebute Meta, for three years they had not been coming to Abuja. I was able to get uniforms for them. We must portray the image of the Force as an amiable one,” he said.

    The AIG made these remarks shortly after assuming duty on Tuesday, January 6, 2026, as the 31st AIG of Zone 12, taking over from AIG Abubakar Sadiq Aliyu, who retired upon reaching the statutory age.

    Read Also: Police Service Commission elevates 775 officers

    Addressing officers of the zone, Kwaimo vowed that his administration would not tolerate indiscipline, corruption, slackness, or absenteeism.

    “I do not condone officers leaving their place of duty to engage in illegal activities. It will not be tolerated,” he stated, emphasising that the Inspector-General of Police, Kayode Egbetokun, maintains zero tolerance for bribery and corruption.

    He further underscored the importance of grooming and smart appearance, urging officers to dress properly and conduct themselves professionally to enhance public confidence.

    “There are times when policemen appear shabby. Every year, uniforms are distributed, yet you still see officers not dressing smartly. This must change,” he said.

    Kwaimo also stressed the need for effective supervision, adding that senior officers must guide and monitor junior personnel to uphold discipline and morale within the Force.

  • COAS: Soldiers’ welfare remains our continuous focus

    COAS: Soldiers’ welfare remains our continuous focus

    The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, says the Nigerian Army, under his leadership, remains fully committed to prioritising the welfare of troops and their families, describing it as critical to sustained operational success.

    He said this while addressing troops of the 18 Brigade, Bida, at Latini Barracks, Bida, Niger State.

    The COAS commended the troops for their dedication and efforts in ensuring relative peace within their Area of Responsibility (AOR).

    Read Also: COAS visits IBB, Abdulsalami, Etsu Nupe, pledges tougher military response against banditry in Niger

    He charged them to remain resolute in degrading and neutralising bandits and terrorists to restore public confidence and enhance security.

    The Army Chief revealed that plans are underway to construct additional accommodation facilities and establish skills acquisition centres to improve the well-being and economic empowerment of troops’ families.

  • 2027: Senator Agboola, over 50,000 PDP, SDP, ADC members defect to APC in Oyo

    2027: Senator Agboola, over 50,000 PDP, SDP, ADC members defect to APC in Oyo

    Leaders of the All Progressives Congress (APC) in Oyo State have welcomed former ally of Governor Seyi Makinde, Senator Hosea Agboola (Halleluya), along with more than 50,000 members of the Peoples Democratic Party (PDP), Social Democratic Party (SDP), and African Democratic Congress (ADC), into the APC.

    Party leaders described the mass defection as a significant boost that will further strengthen and expand the APC’s political base across the state.

    The defectors, drawn from all 33 local government areas, were received in Iseyin by the Oyo State Ambassador of the Renewed Hope Ambassadors, Senator Teslim Folarin. He was joined by Minister of Power Adebayo Adelabu; Senators Abdulfatai Buhari and Sharafadeen Alli; Oyo APC Chairman Pharm. Olayide Abass; Senator Ayo Adeseun; Alhaji Fatai Ibikunle; and Engr. Idris Adeoye. Other notable party figures, including Hon. Remi Oseni, Hon. Olamiju Alao-Akala, Mrs. Hannah Ogunesan, Prof. Adeolu Akande, Hon. Bolaji Repete, Hon. Akeem Akogun, Alhaji Saheed Alaran, Alhaji Wasiu Dauda, and Hon. Yinka Taiwo, were also in attendance.

    Addressing the gathering, Senator Folarin described the defection as a clear endorsement of President Bola Ahmed Tinubu’s leadership and the Renewed Hope Agenda.

    He assured the new members of full integration, noting that the APC in Oyo State has resolved its internal differences and is now united, disciplined, and focused on grassroots mobilisation ahead of the 2027 general elections.

    Adelabu commended Senator Halleluya and other defectors for their decision, describing it as strategic and courageous, while reaffirming the party’s commitment to peace and collective progress.

    Read Also: Why PDP lost Ondo governorship election – Ex-senator

    Senator Abdulfatai Buhari added that the influx of opposition members reflects the APC’s expanding influence and increasing acceptance among voters.

    Senator Ali echoed this view, stating that renewed public confidence in the Tinubu administration is attracting more stakeholders into the party.

    Pharm. Abass assured the defectors of equal rights and opportunities, emphasising the party’s commitment to fairness, discipline, and internal democracy.

    Speaking on behalf of the defectors, Senator Halleluya said their decision followed broad consultations.

    He noted that the Renewed Hope Agenda and the unity among APC leaders in Oyo State were key factors in their choice to join the ruling party.

    The event concluded with the symbolic admission of the defectors into the APC, accompanied by renewed calls for party members to unite and work towards delivering widespread victories for President Tinubu and the APC in the 2027 elections.

    The Renewed Hope Ambassadors and the APC later continued their Federal Constituency Tour at Akinyele/Lagelu, where leaders sustained their message of peace, unity, and grassroots mobilisation in support of President Tinubu’s re-election bid.

  • Nigeria can earn $10bn yearly from cashew industry, says NCAN

    Nigeria can earn $10bn yearly from cashew industry, says NCAN

    Nigeria stands to earn as much as $10 billion annually from the cashew industry if appropriate policies, strategic investments, and effective value-addition measures are implemented, the National Cashew Association of Nigeria (NCAN) has said.

    The National President of NCAN, Dr Ojo Joseph Ajanaku, made this known during a press briefing in Abuja ahead of the forthcoming Nigeria Cashew Day.

    He said Nigeria has the landmass, human resources, and market access required to become a major global player in cashew production and processing, but is held back by weak policy frameworks, poor data management, and inadequate local processing capacity.

    Ajanaku explained that the Nigeria Cashew Day initiative, launched in Benin in 2023, was designed to convene stakeholders across the entire value chain from farmers and processors to marketers and service providers to highlight the enormous but largely untapped potential of the sector.

    He said the event, which moved to Enugu in 2024 and Lagos in 2025, is scheduled to hold in Abuja in 2026 to allow direct engagement with the federal government at the highest level.

    “Our aim is to have a national cashew policy that is owned by Nigerians, not one imposed by external interests. We want a policy that protects the industry, promotes organic cashew, and allows us to fully own what we produce,” Ajanaku said.

    He noted that while Nigeria has about 92 million hectares of land with over 34 million hectares of arable land currently unused, it still lags behind countries like Côte d’Ivoire, which has a far smaller landmass but records higher cocoa and cashew output.

    “With proper harnessing, the Nigerian cashew industry can create jobs for over 50 million Nigerians. There is nothing lacking; we have the land, the population, and the financial capacity to be the number one cashew producer in the world,” he said.

    Ajanaku emphasised the need for Nigeria to go beyond raw production and become a major processing hub, warning that exporting unprocessed cashew nuts results in huge losses in revenue, employment, and foreign exchange.

    He expressed concern that many top cashew-producing states do not have processing plants, pointing to Kogi State as an example.

    “Kogi is one of the leading cashew-producing states in Nigeria, yet it has no single cashew factory. If factories are located in producing areas, our children will be employed, and rural economies will grow,” he said.

    The NCAN president urged state governments to provide incentives that would attract investors to establish processing facilities, while also encouraging local entrepreneurs to invest in their states of origin.

    He also decried the lack of reliable production data, noting that Nigeria currently depends on export figures to estimate its cashew output.

    “We don’t have the correct statistical structure to determine how many cashews we produce. Worse still, a large volume of cashew leaves the country without records, as exporters bypass official procedures to avoid repatriating proceeds,” he said.

    Read Also: NCAN: we’re Nigeria’s apex cashew body

    According to NCAN, officially documented exports from the last season exceeded 400,000 metric tonnes, valued at about $700 million, although the actual volume is believed to be significantly higher.

    Ajanaku said Nigeria could increase production to more than 2 million metric tonnes annually within five years, and possibly surpass 4 million tonnes in the long term.

    “At a conservative price of $1,500 per tonne, producing 2 million tonnes would generate $3 billion, excluding by-products,” he explained.

    He further highlighted the economic value of cashew by-products such as Cashew Nut Shell Liquid (CNSL) and residue cake, which are often wasted locally but sell for about 95 cents per kilogram on the international market.

    “If we process what we produce locally and fully exploit the value chain, Nigeria can earn a minimum of $10 billion annually from the cashew industry,” he said.

    He, however, noted that the upcoming Nigeria Cashew Day would be used to demonstrate to global investors that Nigeria is ready to do business and capable of taking a leading role in the international cashew market, provided the right policy choices are made.