Olakuleyin made this known while
lamenting underproduction of coconuts during a seminar organized by First African Coconut Company at Four
Point by Sheraton Hotel, Vitoria Island. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html He also said that most farmers were not
planting coconuts because they had not realized the economic implications of
doing so. “Despite Lagos becoming the hub for coconut
trading in Africa, where Ghana, Togo and other countries play big, Nigerian
farmers are yet to take advantage of the huge opportunity,” he added.
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:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Olakunleyin regretted that every drop
of coconut oil used in sugar refineries in Nigeria is imported, saying the
capital-intensive nature of industrial coconut value addition and low
production as a result of old plantations and varieties have retarded industrialization
of the crop.
According to him, without agricultural
subsidies, farmers could not produce profitably in Nigeria because of high cost
of production, absence of basic infrastructure and grossly inadequate and
costly power supply. “If you do not have passion for
agriculture, do not go there. As good as agriculture is, there are challenges.
Without subsidies, farmers cannot break even, even in the economies with
sophisticated technologies,” he said, “Unfortunately;
Nigeria is not subsidizing production but consumption. That is wrong.”
Executive chairman of First African
Coconut Company, John-Bede Antonio,
said his attempt to source coconuts from Nigeria to meet an order in the United
States of America met a brick wall, making him to discover that over 2 million
coconut trees in Lagos State were mostly planted around 1876, and that they are
old low-yielding varieties. The export demand could not be met because home
consumption is augmented by importation from Benin Republic, Ghana and Togo.
Fellow Nigerians,
are you aware that our crude oil will soon become useless? Yes, it will, in no
distant time, become valueless owing to the fact that the countries that rely
on it as their only source of energy are developing more affordable alternative
sources of energy. When this finally happens, what will we do? How are we
currently preparing for this imminent economic doom? Which other sector will
continue to stabilize our economy? Nigerians, the only solution is developing
the agricultural sector. In fact, this is the only solution. Very soon, the
major source of revenue will become agriculture and agro-exports. How are you
positioning yourself to play big in agro-export business? 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? Yes, arm
yourself with the contemporary trends in export trade. This manual 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:
The mission of the company, Antonio
said, includes planting at least 2 million coconut trees in Lagos in the next
four to five years; plant at least 10,000 hectares of coconuts in 22 states of
the federation; employ 100,000 workers on plantations in each state and
advocating planting of at least two coconut trees in each house. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
A minimum of N2.5 million return yearly
on one hectare of coconut is assured with intercropping with arable crops, he
explained.
Are you an exporter? Do you like
to master the contemporary dynamics of non-oil export trade and avoid getting
defrauded by the foreign buyers of your exportable products? Click on the link
below:
Have you ever imagines how the
financial status of your company will grow when more than 20,000 CEOs and top
managers of multinational companies pay for your products and services? For
more information, click on the link below:
http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html
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