Saturday, 23 June 2018

HOW NIGERIAN FARMERS GENERATED N73.24BN FROM AGRO-COMMODITIES EXPORTS IN THREE MONTHS

The sum of N73.24bn was earned by farmers in the country between January and March, 2018 through the export of agricultural products. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Figures obtained from the National Bureau of Statistics showed that the agricultural export value of N73.24bn was N28.54bn or 63.84 per cent higher than the N44.7bn recorded in the fourth quarter of 2017.

Hmmm!!! Folks, let us say the truth and shame the devil. Many Nigerian non-oil products exporters have been defrauded of huge amount of money in the process of exporting agricultural commodities and solid minerals to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

When compared with the corresponding first quarter 2017 figure of N59.06bn, the N73.24bn was 24.01 per cent higher than the export of agricultural goods recorded during the period.

Some of the exported products, according to findings, are sesame seed, with a value of N26.65bn; raw cocoa beans estimated at N6.03bn; fermented cocoa beans, N23.29bn; cashew nuts, N5.03bn; and soya beans, N3.45bn. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Others are frozen shrimps and prawn, N1.72bn; flour meals of soya bean, N1.12bn; ginger, N942.38m; flower buds, N432.44m; fat and oil of cocoa, N409.26m; groundnuts, N392.2m; plants used in perfumery, N165.4m; and edible roots, N139.56m.

In the same vein, cotton had a total export value of N139.15m; onions and shallots, N128.2m; and Shea oils, N101.9m. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

In terms of region of Nigeria’s exports, it was learnt that in the first quarter of 2018, Europe and Asia remained the top two destination continents.

For instance, the value of exports to these two continents in the first quarter of this year showed a steady growth of 48.47 per cent and 26.81 per cent, respectively, compared to the previous quarter.

Further findings showed that exports from Nigeria were mainly sent to the Netherlands, India, Spain, United States and France in the reviewed quarter. (Punch)

Have you heard this? Many Nigerian exporters have been defrauded of huge amount of money in the process of exporting commodities to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, why don’t you get a practical manual that teaches the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers. It teaches export operations, export management, export documentations and methods of payment in export trade? It is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

Hmmm!!! Folks, have you ever imagined how the financial status of your firm will be when more than 20,000 CEOs and other key decision makers of blue-chip corporations pay for your products and services or even give you very juicy deals. The link below will tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html