Dr. Tope Fasua, the Special Adviser to President Bola Ahmed Tinubu on Economic Affairs, highlighted the need for more cashew processing industries in Nigeria to address the excessive waste of cashew products. Speaking at the “Ogbomosho Investment Roadshow, Abuja,†Fasua emphasized that Nigeria generates around three to five million dollars annually from cashew but could benefit more with increased processing. He described the cashew nut processing industry as one of Nigeria’s most lucrative agricultural enterprises, with an estimated annual production of over 300,000 metric tons. Fasua underscored the various business opportunities available in the sector, including supplying raw materials, processing and packaging, and re-exporting semi-processed or fully processed products. Vice President on Agriculture, Abuja Chambers of Commerce and Industry, Mr. Olasetemi Bode Thompson, stressed the importance of recognizing the vast potential within industrial processing for Nigeria’s economy. He pointed out that establishing processing facilities in rural areas can decentralize economic activities, reduce post-harvest losses, and enhance the quality of agricultural products. He stressed the need to establish processing facilities in rural areas to decentralize economic activities, alleviate poverty, and empower local communities. Additionally, Mr. Thompson noted that the expansion of agricultural industrial processing fosters innovation, entrepreneurship, and contributes to sustainable development. Addressing the Ogbomoso Investment forum, Barr. Busola Olagunju expressed optimism about Ogbomoso’s potential for greatness, emphasizing its advantages such as fertile land, experienced farmers, and mineral resources. Represented by Mrs. Aderonke Kosemani, a granddaughter of Brigadier General Benjamin Adekunle, an illustrious son of Ogbomoso, Barr. Olagunju highlighted the region’s blessings, including fertile farming land, experienced farmers, traders, artisans, a tertiary institution, and mineral resources. She emphasized that with these advantages and a highly educated and resourceful indigene pool, Ogbomoso should be closer to Lagos in terms of development. Olagunju posed the question, “Is it time for a quantum economic leap in Ogbomoso?†Mr. Benjamin Onigbende, the organizer of the event, emphasized the summit’s goal to develop society and alleviate poverty in the country through agriculture. He pointed out that the United States and other developed countries have embraced mechanized agriculture, and it has proven successful for them. The summit aims to explore and implement similar strategies to enhance agricultural practices in Nigeria for economic growth and poverty reduction.