Cashew nuts are highly nutritional. The kernel is loaded with vitamins, minerals, antioxidants and phytochemicals beneficial to health.
According to a study by the International Trade Centre, Geneva, Switzerland, cashew nuts are rich in mono-unsaturated, fatty acid which is very good for the heart.
Currently, the global production of raw cashew nuts, RCN, exceeds 2.1 million tons valued at nearly US $2 million, which corresponds to a quarter of the world’s edible nuts production.
Cashew nut kernels are mainly used on the European market as roasted and salted snack. Also, food industries use cashew nuts in cookies, cereals and as topping on ice cream.
The umbrella body in charge of regulating the cashew industry in the country is the National Cashew Associaton of Nigeria (NCAN).
In Nigeria, cashew is grown in 19 states; Abia, Anambra, Akwa Ibom, Benue, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Imo, Kogi, Niger, Nassarawa, Ogun, Osun, Oyo, Taraba and Kwara.
Interestingly, cashew nuts can be grown in almost all the states of Nigeria. The annual production of cashew nut in Nigeria is 150,000 tons. Nigeria is the largest producer of cashew nuts in Africa and seventh in the world.
In 2011, Vietnam imported over $140 million worth of raw cashew nuts and $46 million worth of cashew kernel from Nigeria. In recent years, demand has been on the increase against the increasing output of production of 150,000 and 130,000 metric tons in 2014 and 2013 respectively.
35% of the global RCN output is harvested in Africa. However, the processing takes place mainly in India, Vietnam and Brazil. Only 10% of the African RCN is locally processed.
In this post, we take a look at the list of cashew nut dealers in the country.
Abod Success Investment Limited
Established in 2000, Abod Success Investment Limited is known for its Executive Choice Cashew. It is a cashew nut growing company. The company is located in Ogijo in Ogun State and it is also involved in processing and exporting cashew nut.
The brand’s cashew nut, the Executive Choice Cashew competes favourably with the imported cashew nuts.
In fact, the company has a lion share of the local market. Their products are of excellent quality in taste, package and hygiene and they are packed into various pack sizes to make it affordable and meet different market segment.
Abod Success Investment Limited is located on 4, Oko Oba Road, Off Ikorodu Sagamu Express Road, Ogijo in Ogun State.
Lion Cashew is known for sales of highly nutritional salted cashew nuts, unsalted cashew nuts, caramelized black pepper and lemon spice cashew nuts.
The company is located on Block 99, Plot 5b Omorinre Johnson Street, Lekki Phase 1 in Lagos.
They have over 250 employees and the company is the only African Cashew Alliance Certified Factory in Nigeria
The company processes over 1,500,000 kg cashews annually. You can buy their products at any of the following locations
- Gravitas Supermarket | 17, Emma Abimbola Cole street, Off Fola Osibo Lekki, Lagos
- Trimart Neighbourhood Store | Furo Ezimora Street, Off Adewunmi Adebimpe Drive, Lekki Phase – 1
- All Shoprite branches
- Blueberry Supermarket Abuja | Farmers Market Maitama, Abuja.
- Danjam Plaza Abuja
- Ebeano Oniru | TF, Kuboye Street, Oniru Lekki.
- All GAME retail stores in the country
- Libertas Global, Abuja | Libertas Global, Maitama, Abuja.
- Medplus Pharmacy | 45, Saka Tinubu Street Victoria Island.
- Nadrem Plaza F.H.E Abuja | Nadrem Plaza, Federal Housing Estate, Abuja.
- Nadrem Gwarinpa | Nadrem Plaza, Gwarinpa, Abuja.
- D’Kevon Supermarket Abuja | Kubwa Phase 3, Abuja.
- PSV Pharmacy | Kasakaysora Mall, 8, Adebimpe Adewunmi Drive, Lekki, Phase 1.
- HUBMART | 35, Adeola Odeku Street, Victoria Island, Lagos
Majigi Agro Limited
Majigi-Agro Limited provides quality grades of Nigerian sesame seeds, dried split ginger, hibiscus flower and cashew nuts.
Their office is located on Suite F2, Ahafsusan Plaza F13 Ibadan Street by Jos Road in Kaduna
The company leverages its extensive experience in the agricultural finance and agribusiness space to offer total agricultural value-chain solutions. These include production, processing as well as marketing and export of these agricultural commodities.
When it comes to cashew nuts and its other products, Majigi Agro is major source of these products for importers in USA, Europe and Asia as they have grown to become the most sought after partner in Nigeria for these importers.
Majigi Agro sources its produce from small farmers using their cooperatives. Apart from providing foreign revenue, it also helps to reduce poverty and create wealth for these farmers.
Additionally, the company has a 100ha farm located in Niger State of Nigeria, where the following crops are produced cassave, corn, soya beans, cashew, and vegetables. Also, there’s a large warehouse on the farm which ensure optimal storage of these products. The company also has extensive warehousing facilities all over the country.
Mebo Farms Limited
Located at Warike Plaza in Abijo Bustop in Lekki Epe Express way, Eti-Osa in Lagos, Mebo Farms is an indigenous agricultural trading arm of Adrena Media Limited which is involved in the export of products such as maize, sorghum, sesame seeds, cashew nuts, millet, soya beans, palm kernel seeds, molasses, branwheat offal & more.
Solution Links Global Enterprises
The company is one of the major dealers and exporters of cashew nuts in addition to garlic, ginger, bitter kola, kola nuts, sesame seed, charcoal, hibiscus flower, palm oil, gum arabic, soya bean, plantain flour, cassava chips, groundnut, maize etc.
Solution Links is located on151, Ahmadu Bello Way in Victoria Island, Lagos Nigeria
Olam Nigeria Ltd
The company was established in 1989. Initially, the focus was on the procurement of cashews, cocoa and sheanuts but the country has since evolved into 3 major business segments, namely exports, imports, and branded packaged food products.
Currently, Olam Nigeria has over 3500 staff spread throughout the country. They have offices and operational units across all geopolitical zones in the country. And these offices are involved in managing the value chain activities of origination, processing, marketing and distribution.