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Nairaland Forum / Nairaland / General / Agriculture / Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. (972 Views)
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Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. by Primegold: 9:34am On Aug 14, 2015 |
Nigeria earned US$2.4bn in 2014 fiscal year from exports of cocoa, oil seeds, tobacco, raw hides, skins and leather, edible fruits and nuts, amongst others according to Nigerian Export Promotion Council (NEPC) Netherlands was the primary destination of the non-oil exports which also includes non-agricultural produce such as tin, nickel, copper, lead, plastic, footwear, etc Other countries include Spain, Turkey, China, Japan, Italy, Germany, India,USA, South Korea, Belgium, UK, Canada, as well as the ECOWAS bloc, etc For details www.punchng.com/business/nigeria-earns-n472bn-from-cocoa-others/ |
Re: Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. by Primegold: 9:36am On Aug 14, 2015 |
Way to go! There's no doubt that we are well endowed to grow our economy by positioning it away from a mono product. |
Re: Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. by estyvino(m): 9:40am On Aug 14, 2015 |
We will earn more even this year 2015, can I get an Amen? Amen! 1 Like |
Re: Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. by onyeogalu1(m): 9:49am On Aug 14, 2015 |
Am happy to hear this.
More to come |
Re: Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. by midastouch: 10:11am On Aug 14, 2015 |
It is stated that Nigeria is the 4th Largest producer of Cocoa in the world. The chocolate business in the world is worth $80 billion (US Dollars) annually. WHY IS THERE NO CHOCOLATE MANUFACTURER IN NIGERIA? There are chocolate manufacturers in Ghana and Ghanaian Chocolate is being sold in Nigeria. Opportunity Knocks!! 2 Likes |
Re: Nigeria Earns N472b From Exports Of Cocoa, Oil Seeds, Grains, Fruits, Others. by Primegold: 8:18pm On Aug 14, 2015 |
The key challenge we've had in Cocoa business in Nigeria nay Africa is that we have consistently held on to the short end of the stick. We play in a segment which is just 3% of the value available in the sector. Like Midastouch asked, where are the chocolate manufacturers in Nigeria? It is high time we begin to adopt a strategic approach to agri-business. Who says we cannot be the major exporter of chocolate? What does it take to become the leading exporter of cocoa drinks and chocolate? A little tweak of current operations will see us move from just 3% of the cocoa business value to 90% of the cocoa produced in Nigeria and upping our share of a global business currently rated at US$100bn.
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