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Tag: National Cashew Association of Nigeria (NCAN)

  • NCAN suspends revenue collection, dissolves executive

    NCAN suspends revenue collection, dissolves executive

    The National Cashew Association of Nigeria (NCAN) has suspended all forms of revenue collection in its name with immediate effect, pending institutional reforms and the harmonisation of its governance structures.

    The resolution was part of key decisions unanimously adopted at the NCAN Annual General Meeting (AGM) and Stakeholders’ Forum held in Abuja.

    In a communiqué issued at the end of the meeting, the association also condemned what it described as increasing foreign encroachment across Nigeria’s cashew value chain, warning that such practices undermine local farmers, processors, exporters, and the country’s economic interests.

    In a communiqué signed by the NCAN Secretariat, with Mr. Olarotimi Ayeka listed as Secretary and Mr. Ademola Bamidele Adesokan as President, NCAN rejected calls for a ban on cashew nut exports, stressing that it would instead engage government authorities to promote value addition, improved seeding, respect for contract agreements by foreign buyers, and stronger support for cashew farmers.

    On policy direction, the AGM expressly opposed any proposal for an outright ban on the export of Raw Cashew Nuts (RCN), noting that such a move could disrupt livelihoods.

    The association said any policy intervention must strike a balance between value addition, farmer welfare, export competitiveness, and national interest.

    In a major leadership shake-up, the AGM dissolved the Ojo Ajanaku–led administration, citing loss of confidence and legitimacy.

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    Members and stakeholders present at the meeting endorsed and ratified Mr. Ademola Bamidele Adesokan as the new President of NCAN. The association said an official gazetted communiqué reflecting the leadership transition would be issued before the end of the week.

    The AGM further resolved to undertake a comprehensive review and amendment of the NCAN constitution to reflect current industry realities.

    The planned amendments include provisions to ensure that only bona fide cashew stakeholders can become president, prevent any president from exceeding constitutionally defined tenure, and establish a clear, transparent, and enforceable leadership succession framework.

    As part of its immediate directives, NCAN ordered all revenue agents and representatives nationwide to cease revenue collection activities on behalf of the association.

    It warned that any individual or group that defies the directive would be reported and treated as acting illegally.

    The communiqué also disclosed that all state police commands have been formally notified of the resolutions through the Office of the Inspector-General of Police.

  • NCAN: we’re Nigeria’s apex cashew body

    NCAN: we’re Nigeria’s apex cashew body

    National Cashew Association of Nigeria (NCAN) has distanced itself from a publication credited to Cashew Processors and Packers Association of Nigeria (CAPPAN), describing the claims as misleading and inconsistent with realities of Nigeria’s cashew sector.

    In a statement by its National President, Dr. Joseph Ajanaku, NCAN said it decried the publication attributed to CAPPAN regarding the state of the cashew industry.

    The association said it was compelled to provide clarity, reaffirm facts, and ensure that public discourse reflects realities of the industry and efforts required to move it forward.

    It said NCAN, set up over two decades ago, is the only umbrella body recognised by Federal Government, international partners, and global trade bodies as representing Nigeria cashew value chain.

    “NCAN is the duly recognised apex body for Nigerian cashew value chain,” it  said, listing its mandate as coordinating national cashew policies, supporting farmers, strengthening export competitiveness, facilitating international cooperation, and promoting market stability.

    “This mandate remains intact, active, and fully operational,” it added.

    NCAN warned that attempts to create division within the cashew industry could undermine Nigeria’s competitiveness at a time global market conditions demand unity.

    “The global cashew environment demands collaboration among stakeholders, not competition for recognition or attempts to fragment the sector,” the statement read.

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    The body noted its achievements, including stabilising farmgate prices, strengthening ties with FMITI, NEPC, states, and international bodies, such as VINACAS and AICA, as well as promoting investment ahead of 2026 season.

    NCAN also cited implementation of farmer support programmes and stakeholder consultations aimed at deepening value-chain cohesion.

    The Association reiterated its support for federal and state policies designed to enhance local processing capacity, protect farmers from exploitative pricing, encourage exporters, and strengthen Nigeria’s position in the global cashew market.

    Such policies, it insisted, “must be evidence-based, transparent, and in the best long-term interest of the Nigerian economy, not driven by narrow or foreign-influenced agendas.”

    Contrary to what it described as “alarmist portrayals,” NCAN said Nigeria’s cashew industry is experiencing positive growth indicators.

    According to the Association, the sector has recorded improved export performance, increased processing investments, growing farmer participation, stronger international partnerships, and renewed attention from government.

    “With proper coordination, which NCAN continues to lead Nigeria is positioned for significant growth in 2026 and beyond,” it noted.

    The Association cautioned that public statements capable of creating fear or undermining national institutions could erode investor confidence.

    “Public statements that create fear, distort facts, or seek to discredit national institutions only weaken investor confidence and undermine years of progress,” it said, urging CAPPAN and other stakeholders to channel concerns through established industry platforms and government-recognized mechanisms.

    Describing the cashew sector as a strategic national asset, NCAN reaffirmed its commitment to protecting farmers and processors, promoting competitiveness, strengthening value addition, and ensuring long-term industry stability.

    “With unity, discipline, and collaboration, Nigeria can become Africa’s leading cashew-producing and processing nation,” the Association declared.