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Buyers shun Nigerian cashew on Apapa gridlock

…as local prices fall 150%, lowest in 3 years

Buyers are now shunning Nigerian cashew nuts at the international market on the back of the worsening state of Apapa and Tin Can roads as well as a slow clearing process at the ports which has continued to delay contractual agreements. The situation has resulted in a 150 percent drop in price from an average…

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