Economic diversification

  • Cashew farming and Nigeria’s diversification from oil and gas

    Cashew farming and Nigeria’s diversification from oil and gas Nigeria’s continuous decline in cashew production between 1970 to 2000 was a result of many factors, particularly unavailability of loans from financial institutions due to collateral. Olomola (1999) cited inadequate storage facilities as one of the major setbacks. On the other hand, the Nigerian economy has…

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