Cashew remains one of Nigeria’s most valuable industrial and export crops, supporting over 400,000 families and sustaining 700,000 jobs nationwide.
According to the latest trade data, 85% of Nigeria’s raw cashew nuts are exported, primarily to India and Vietnam, earning the country $398 million in foreign income in the first quarter of 2025.
Nigeria has the potential to become the second-highest exporter of raw cashew, but current production falls short of that level. By investing in the raw cashew industry now, you can position yourself to capture a growing global market, benefit from high demand and rising prices, and secure substantial returns on your investment.
Here are 3 reasons owning a cashew farm in 2026 is one of the smartest investment moves you can make.
Earn In Dollars
The average Nigerian dream is to earn in dollars. This dream is possible through direct employment or investment options, such as trading in commodities like cashew nuts.
Cashew is a globally demanded commodity and a top agro export for Nigeria. It is traded annually in dollars, and 1kg of Ogbomoso cashew nuts is valued at an average equivalent of $1. This means that a harvest of 1000kg can earn you an average equivalent of $1000.
Owning a cashew farm gives you direct access to a global market, where your returns are not limited by local economic swings.
Hedge against Inflation
Inflation and naira devaluation have been a constant occurrence in Nigeria for about 40 years. That’s why you hear stories of how it used to be ₦1 to almost $5 in 1982.
Fast forward to August 2025, $1 is an equivalent of ₦1,540.
The only way to stay afloat is to have ways to be earning in dollars while still living in Nigeria. Cashew is a commodity you should grow as your hedge against this economic reality. Owning a cashew farm and earning in dollars when you trade your harvest for export is a better way to beat inflation without having to worry about inflation eating away the money in your savings.
Secure your retirement
What plans do you have for your retirement? How best do you want to enjoy life during this time?
If you’re looking for a retirement plan that will let you enjoy your golden years, owning a cashew farm is a great option.
Not only will it provide for your immediate needs and allow you to take care of your family, but it will also give you a reliable annual income that will keep up with inflation. Plus, the cashew harvesting season starts in January and runs until May, so you’ll be able to earn and save up in time for your summer vacation when you choose to relax and reflect.
Cashew farming isn’t just another investment, it’s a long term wealth-generating investment. Global demand is surging, prices are climbing, and a well managed farm can deliver returns that outpace almost any local business or stock investment. The question isn’t whether cashew farming is profitable—it’s how much of this opportunity you’re willing to claim now.