I CAN NEVER DO THAT! Garba is the dog that returned to his vomit.
Reno also taking a dig at FFK

this video was uploaded on YouTube by 10.08am yday on YouTube. and u say it is happening dis morn. this video isn't wat transpired today. check d date it was uploaded. let's b truthful in our journalism

this video was uploaded on YouTube by 10.08am yday on YouTube. and u say it is happening dis morn. this video isn't wat transpired today. check d date it was uploaded. let's b truthful in our journalism

this video was uploaded on YouTube by 10.08am yday on YouTube. and u say it is happening dis morn

this video was uploaded on YouTube by 10.08am yday on YouTube. and u say it is happening dis morn

from my experience in wine business. wen I tried dis wit my mum...I wrote proposals to different hotels, and I presented a product from France that wasn't too popular in the naija mkt. I found out that the hotels that patronized us were the ones with a french personnel as a manager. so look at the country ur wines are made, source for managers wit same country. I know we hav more of french, Italian and south Africans as managers of hotels.

Mcreloaded:
I hate to be the one to burst your bubble if you have been grinning from molar to molar, celebrating Pa Audu's "incredible feat" of exporting 72 tonnes of yam to the US and UK. I watched the report on AIT. Nicely packaged yam, in lovely cartons. I was tempted to celebrate Pa Audu for this achievement. Then I ran the numbers.

According to the May 2017 report by the Nigeria Bureau of Statistics, 1kg of yam goes for N256. This means that 72 tonnes of yam would have a street value of N18 million. Do the math. Forget that this is less than 50% of the volume of trade on a good day in Katsina Ala yam market every week. Anyway, the yam was well packed, and then freighted to the US and UK. Lets us assume than the packaging and freight cost N3 million (and it might be a lot more, given that yam is heavy). So we have about N15 million net worth of yam (18 - 3 = 15). Assuming we sell it at twice the price, we would make a profit of N15 million. Again, let us assume that we did not incur additional cost in the transaction. So, here is the summary: we exported 72 tonnes of yam, and made N15 million. Good business, good profit.

Now this is where I am going with this: if 72 tonnes of yam is processed to pharmaceutical grade starch, (PGS) (that is the major component of tablets and capsules), we will get about 9.7 tonnes of pure PGS. I am a pharmacist, I know. Depending on your source, pharmaceutical grade starch goes for anywhere from $20 - 40/kg in the international market. And you can google this up. Pa Audu's 72 tonnes of yam is therefore worth a princely N102 million if it was processed to PGS (assuming it is sold for $30/kg, just to be conservative). So, N18 million worth of yam, processed to N102 million, profit of about 84 million.

The question is, has Audu made N15 million or lost N84 million?

Imagine, for instance, that Benue State was interested in setting up a starch production plant in Katsina Ala. Would we need to export 72 tonnes of starch to make N15 million, instead of making 84 million? And this is a state that makes a pitiable IGR of N250 million per month. The same Benue produces arguably half of the oranges in the country but there is no single fruit juice making industry in the state. This is not about Benue.

Nigeria produces 50 million metric tonnes of cassava annually, 20% of world production according to FAO, but what do we do with it? We convert it to fufu and eat. Zero percent is processed to PGS or other value-added products. If only half of it is processed to PGS, we would be making N35 billion per annum in sales. Again, open Excel and do the math.

So we have Audu exporting yam, exporting jobs, loosing revenue and feeling cool. And we have Gov. Ortom in the background, loving the spotlight of this new enterprise, waiting for applause. He cannot see the opportunities and the waste. He cannot understand why IGR is only N250m/month. Then we have the federal government exporting crude, exporting jobs, messing us all up.

They we have us, eating 50 million metric tonnes of cassava, converting it to pooh when we can convert it to cash.

And we want to be called a developing country.

u made valid points. But I watched an IITA personnel from ghana speak on this development. Ghana does same, and he said Nigeria will do better than ghana with time to come. processing it to PGS is a plan on the table. but u can't start it if you haven't gotten a bilateral trade agreement with a country who is willing to buy from you.
Let us start from here and start writing proposal to the ministry of agriculture that we can process to PGS

I have gained from this rice farming. In as much as I m not core supporter of this administration. I have dis believe in life that it isn't all govt policies that are bad.
key into the one that suits u. I buy rice from kebbi and ebony and resell in port harcourt. Brethren the demand is more than I can supply, and I still work. my colleagues are always surprised I hav extra cash to lend to them.
whether u hate dis govt or not. look at d policy dat u can gain from and key into it

even reno omokri once gave advice to youths to buy rice from kaduna and transport to lagos to sell. since there is a rail line

Nairaland. this is very possible, I watched the full interview on AIT.
I started this same business in 2013 with 2k and my first profit was 4k. I carried on with it, it helped me pay all my school bills until I went for NYSC.
From his interview, he has passion for scents and that was what propelled him. After his first sales and he saw the demand on his products he went into importation of the scents.
Business is passion and determination. mind you he also went tru some patches in the course of the biz.

since transocean Nigeria is now indigo drilling, what is the effect to this recruitment

@jpHilipS. Nobody wil stone utunnegi. the thread is technical not pOlitical. A civil engineer will clear u beta. Dia is a diFF bw both roads

@pepperified. Y insult op? He only uploaded a write up by some one.humans are quick 2 insult ppl dey can't see face to face. Bro that isn't ethical.

Don't loose hope. Am still optimistic.

I got an information from an insider saying we should forget about thr recruitment for this year. The source said we should be hopeful for 1st quarter 2016.

It is really frustrating. From march 2013 till date, still no glimpse of what next.

Guex it was a rumor

Did the interview hold?

The inauguaration at eagle square was handled by jonathan and his team not buhari. Though using innoson motors would have been a gud idea

Hello house. Any info or rumor?

With d recent decline in oil price, idle rigs offshore n job cut worldwide in oil firms. We pray it doesn't have a negative impact in our recruitment.

Transocean hasn't cancelled d recruitment. Though dats wat a company personnel told me,I ran in2 a personnel. They neva knew the oil mkt will dwindle dis way. But the records are still wit dem