Kwara State governor, AbdulRahman AbdulRazaq, recently visited the newly established Annie Glidden Commodities (AG) Nig. Ltd cashew processing plant in Eiyenkorin, Kwara State, and hailed its establishment. This multimillion naira cashew processing factory is a major investment that will process cashew nuts for export, rather than ferrying raw nuts out of the country. It is the third major cashew company in the state and a significant step towards achieving the government’s vision of making Kwara the leading processor of cashew nuts in Nigeria.
The governor commended the owners of the new cashew firm for their commitment to growing the local economy through their investment. He also expressed the government’s willingness to partner with the company to scale up their processes. The managing director of AG Commodities Nig Ltd, Ademola Adesokan, highlighted the strategic location of Kwara in the cashew belt and the business-friendly policies of the government as reasons for locating the factory in the state.
The processing plant will engage at least 120 Kwarans daily for the manual handling of the cashew nuts. This investment is a major boost for the state and the country, as cashew processing has become a vital aspect of Nigeria’s non-oil export market. The government is committed to encouraging local investment and making sure that the state’s cashew production is exported as processed cashew nuts.
The establishment of this new cashew processing factory in Kwara State is a significant step towards achieving the government’s vision of making Kwara the leading processor of cashew nuts in Nigeria. The investment is a major boost for the state’s economy and will create job opportunities for its citizens