Economics and Extension department, Cocoa Research Institute of Nigeria, P.M.B. 5244, Ibadan, Oyo State, Nigeria, 1234567.
Research Article
World Journal of Advanced Research and Reviews, 2020, 08(03), 439-445
Article DOI: 10.30574/wjarr.2020.8.3.0503
Received on 20 December 2020; revised on 28 December 2020; accepted on 30 December 2020
The paper examined the prospects and challenges of cashew production in Nigeria. Qualitative and quantitative data which were used to identify these challenges and prospects were retrieved from research findings, literatures, journals and reports. Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis was used to highlight the strengths and weaknesses inherent in the internal environment of the cashew sector as well as the opportunities and threats from the external environment of the cashew sector. The paper takes a step further by employing Threats Opportunities Weaknesses and Strengths (TOWS) analysis matrix to come up with models that can be employed to improve the cashew sector in Nigeria. Some of the prospects identified include the potential employment creation, increasing cultivation area and evidenced value addition. While some of the challenges identified include poor pricing of cashew nuts, lack of proper policy intervention and underutilization of cashew apple. Government is advised to set up a cashew marketing board and provide proper policy intervention to improve prices, production levels and provide employment opportunities.
SWOT analysis; TOWS analysis; Cashew sector; Marketing board
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Qudus Adebayo Ogunwolu, Chinweike Abednego Ugwu, Modinat Adewunmi Alli, Kehinde Ademola Adesanya, Mutiat Oluwaseyi Agboola-Adedoja, Adejoke Adebusola Adelusi and Ayodele Oladipo Akinpelu. Prospects and challenges of cash crop production in Nigeria: The case of cashew (Anacardium occidentale, Linn.). World Journal of Advanced Research and Reviews, 2020, 8(3), 439-445. Article DOI: https://doi.org/10.30574/wjarr.2020.8.3.0503