NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 18, 2021 13:07:39 GMT 1
How Can Nigerian Spices Producers Break Into The Nutmeg Export Market (Part 1)
Nutmeg is a type of spice made from Nutmeg tree; which is called Myristica Fragrans. The planting of the tree started mainly in Indonesia and produces two major and popular spices known as nutmeg and mace.
To prepare nutmeg for seasoning, the fresh nutmeg seeds are dried gradually in the sun over periods between six to eight weeks.
This period of drying allows the nutmeg to dry and then shrink out of its hard seed coat. It is then separated from the outer coat which is the Mace, and then can be packaged for either sales or grinding.
This product also grows in several other Caribbean Islands, India, Sri Lanka, and Malaysia.
There are also other species like, Myristica agentea (Papua) and Myristica malabarica (India).
Mace itself is a yellowish-brown spice that is derived from the dried lacy coating of the nutmeg seed.
This means that nutmeg is actually not only one spice, rather it is made up of two spices in one. Mace is derived from nutmeg fruit; it is actually the outer covering of the nutmeg seed.
Origin of Nutmeg
The botanical name for nutmeg is Myristica fragrans. The nutmeg tree originated from Banda, the largest island in the Molucca spice islands of Indonesia.
The English name nutmeg came from Latin nux, which means nut; and muscat, that means musky. But nutmeg is not a nut, rather it is a seed. Therefore, if you have nut allergy you can still take nutmeg despite the word nut appearing in the name.
Health benefits of Nutmeg
The benefits of nutmeg are many; it has the ability to relieve pain, soothes indigestion, and strengthens cognitive function.
It also has the capacity to detoxify the body, boost skin health, and alleviate oral conditions. Nutmeg reduces insomnia, increases the immune system function, prevents leukemia and improves blood circulation.
Nutmeg is rich in antioxidants, and this helps to protect against the signs of ageing and serious conditions such as cancer, liver disease and other heart conditions.
The spice is rich in fiber, and this helps to keep the digestive system healthy and thereby preventing blood sugar from spiking.
Nutmeg is very safe in small amounts and has the following nutrients per one (1) tablespoonful of serving:
Calories: 12
Protein: 0 grams
Fat: 1 gram
Carbohydrates: 1 gram
Sugar: 1 gram
Nutmeg is also a source of the following: Vitamin A, Vitamin C, Vitamin E, Manganese, Copper, Phosphorus, Zinc, and Iron.
Can it lower high blood pressure?
Yes, nutmeg has hypotensive abilities and therefore can help in managing hypertension. Knowing that the spice is rich in calcium, potassium, and magnesium; these properties are the ingredients used in managing high blood pressure.
How to break into the European nutmeg export market
Just like we have been saying in our past articles on how to break into the European market with our produce, product quality and safety issues are still key factors to be taken into consideration.
It will as usual be very important to look into the European legal requirements and terms of delivery between the buyer and the seller in any contract on export of nutmeg.
High-quality nutmeg should be rich in oil, whole, without stalk, and reddish brown in colour.
Packaging of the product
Nutmeg is usually packaged in new, clean, durable, and dry jute bags with cloth laminated polypropylene bags.
The crushed or ground nutmeg can be packed in new, clear, durable, and dry containers made of tin, glass, or in pouches made of laminated, extruded metalized multilayered-food-grade plastic.
Major importing countries of nutmeg
As at the year 2020, the five major importing countries of the world are:
China importing from Indonesia, value $32 million
United Arab Emirates importing from India, $8.4 million
Germany from Indonesia, $6.2 million
Japan importing from Indonesia, $3.9 million
Netherlands importing from Indonesia, $3.9 million
From the analysis above you can see that the market is highly dominated by Indonesia, with India coming a distant second. The issue is what can Nigerian farmers do to have a share of the nutmeg export market no matter how small as a starting point?
We will continue to look at ways Nigerian spices exporters can break into the lucrative market.
Stay with us. Do not forget that we conduct training for both export and import at our base. Call the admin for further details.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 17, 2021 21:45:44 GMT 1
Over the ages they have been ringing it in our ears that about 90% of startups usually fail within the first five years.
Truly as an entrepreneur, I have had a good share of failure of projects; these failures I must admit were due mainly to stupid mistakes and over assumption.
Through all these I have been able to fairly understand why a few startups succeed; and somehow why majority of startups fail.
The truth is that every CEO of a failed startup will tell you that he or she knows the reason for the failure. Most of them point accusing fingers on other factors apart from themselves.
But as harsh and real these statistics are, ten out of one hundred failing, you don’t need to get discouraged, rather you need to work smarter and harder in order to conquer and succeed.
Before we continue, let us look at what really is a startup.
For a long time, investors have treated startups as small businesses. But there is a great conceptual and organizational difference between startup, small business, and a large corporation.
According the startup guru, Steve Blank, a startup is a “temporary organization designed to search for a repeatable and scalable business model”.
Small businesses operate according to a fixed business model. They are privately owned corporations, partnerships, or sole proprietorships which have few employees and have revenues that are less than the revenue of a normal or regular sized business or corporation.
For a startup founder, this concept means the following three main functions:
To provide a vision of a product with a set of characteristics
Create a series of sceneries of the business model regarding customers, distributors, and finance of the company
Understand whether the model is a right one based on customer behavior, as your model predicts.
What are then the characteristics of those startups that succeed?
There are many characteristics or features of startups that are successful, but I want us to discuss the most significant of them all first.
The product is usually perfect for the market:
According to a report from Fortune, those startups that fail make products no one wants to buy. Statistics have it that about 42% of startups that failed, failed because there was no demand or need for their products; this is the single biggest reason for their failure.
This brings us to the basic fact, if you want to spend your time and possibly money to create a product, be sure to create the right product for the right people.
The entrepreneur does not ignore anything:
If you take your time to analyze the reasons or factors of the failure of many startups, you will discover relegation of business processes to the background.
The Chief Executive Officer (CEO), the Chief Technical Officer (CTO), Chief Marketing Officer (CMO) want to stick to their major tasks , they fail to realize that they must follow the business process that link all their activities together to achieve their business goals.
They should not get distracted by mundane things in the business environment. A business process is a collection of linked actions that lead to the success of the organization’s goals.
The company grows fast:
Great and rapid growth is what every entrepreneur craves for. It shows that the product is hot and demanded in the market.
If you don’t grow fast enough you will run out of cash, and that will ultimately lead to premature shutdown of business operations. Cash crunch is one of the major reasons for close down of startups, you know that cash is the lifeblood of any business whether startup or big corporations.
The team knows how to recover fast:
Every startup is made up of a team, a group of people; the more versatile they are the better their chances of succeeding.
Members of a startup should be able to do so many things to hold the business up during difficult periods.
Shift industries, rebrand, or even start all over again in case of shutdown.
Startups without a sole founder tend to survive more than those with sole founders.
Having a co-founder creates a partnership. A co-founder may have some skills that you may not possess.
Startup endeavors are hot business models these days; we of this forum will bring to you a comprehensive write on how to join this band wagon and make a success of it.
Stay with us.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 17, 2021 11:26:49 GMT 1
Dangote Fertilizer Plant Delivers 120 Trucks Of Fertilizer Daily In Nigeria
The $2.5 billion Dangote’s Urea Fertilizer Plant in Lagos State, Nigeria is now delivering 120 trucks of fertilizer daily. The Urea fertilizer is now on sale in Nigeria according to an official from the group.
The group Executive Director (Strategy, Capital projects, and Portfolio Development), Dangote Industries Limited, Devakumar Edwin, disclosed that the plant has the capacity to produce over 4,500 metric tonnes of Urea daily. He also said that this quantity will conveniently meet local demand of about One Million metric tonnes annually; and then to cater for other countries in Africa.
What is Urea?
Urea is the most important nitrogenous fertilizer in the market with the highest nitrogen content of about 46%. The agricultural industry uses urea widely. It is white crystalline solid containing 46% nitrogen as an animal feed additive and fertilizer.
It has replaced the former ammonium nitrate used as fertilizer in the last decade. Urea is made when Carbon Dioxide is reacted with anhydrous ammonia. This happens under intensive pressure of about 350 degrees Fahrenheit.
It is processed to take the form of granules or solid globules known as prills. Dry urea is very soluble and must be kept away from moisture until ready to be used.
The company’s group Executive Director said that “the company will support farmers with the necessary training on the application of the fertilizer. They will also establish laboratories across the country for proper soil examination”.
He also said “The uniqueness of this plant, apart from the fact that we are producing fertilizer is the focus on farmers’ support on training, education, development, as we are now establishing laboratories across the country, and even mobile laboratories where we can go drive around and take soil samples for proper examination to efficiently grow the agricultural outputs across the country”.
The newly completed Dangote Fertilizer plant is located at Lekki Free Trade Zone (LFZ) in Lagos State, Nigeria.
According to Dangote Group, “the coming on stream of the plant will not only boost food sufficiency in Nigeria, but will also make Africa self-sufficient in food production and a net exporter of food to the world”.
The fertilizer plant will compete with another fertilizer plant, Notore Petrochemicals, a 500, 000 metric tonnes Urea plant in Onne, Rivers State, Nigeria. The second one is Indorama petrochemical Company with a capacity of 1.4 million metric tonnes of Urea fertilizer annually.
Remember that we brought you an article where the President of the Federal Republic of Nigeria, Muhammadu Buhari said in 2020 that he will no longer approve the allocation of foreign exchange for the importation of food and fertilizer in the country. Is this the result of that order? We wait to see.
He said that the country would rather empower more local farmers, and use agriculture as a means of solving unemployment among the youths.
The president also said that we have a lot of able bodied young men and women willing to work. And agriculture is the answer.
How many fertilizer plants are in Nigeria today and what are their names?
According to the Executive Secretary, Fertilizer Producers Society of Nigeria, as at 2019, there were about 24 functioning fertilizer blending plants in Nigeria.
In 2021, Nigeria has added another one, a mega one indeed, and this brings the total number to 34 companies producing fertilizer in the country.
This project is owned by Africa’s richest man, Aliko Dangote, and it is currently the world’s largest fertilizer plant.
The facility is within the vicinity of the 650, 000 barrels of crude oil a day refinery in Lekki Nigeria.
The plant has placed Nigeria in the world map as the only Urea exporting country in the sub-Saharan Africa.
This fertilizer manufacturing plant and the petrochemical plants in the same vicinity are capable of generating about $2.5 billion annually for the country.
The main contractor, Saipem SPA, has been in business in Nigeria for over 50 years, covering several industries.
We are waiting breathlessly to see the great impact from this fertilizer plant on the agricultural output of Nigerian farmers.
Stay with us as we will continue to update you as things progress.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 15, 2021 12:14:34 GMT 1
Nigerian farmers and businessmen with sharp antennae that look far into the future have long discovered the fortune to be made in Ugu business. They have dug in before other people started waking up to see the financial goldmine buried in Ugu farming and exportation in Nigeria.
Ugu (pumpkin Leaves) are greenish leafy vegetables grown in Nigeria and other West African countries. It is called Ugu in Igbo language, Kabewa in Hausa, Ikong-Ubong in Efik, and its botanical name is Telfaria occidentalis.
It contains calcium, Iron, Manganese, potassium; and also a source of sizeable amount of vitamins A, C, B2, and E.
Previously people were just planting the vegetable for family consumption, and sometimes sell the excess to local Ugu sellers. They never thought that the vegetable will develop to something the whole people and those abroad will be looking for on this magnitude.
Ugu business is now a big time venture and many millionaires have been made out of it. In the time past it used to the preferred vegetable of the Igbos of the South East of Nigeria. They use it mainly to prepare vegetable soup and pottage on daily basis.
Others extract the liquid to be used for medicinal purposes by adding milk, tomato paste, malt drink, etc. for instant energy according to them.
The profit potential of Ugu business is very high; almost all tribes in Nigeria consume the vegetable these days. The chance of making a loss in this business is almost zero as the demand far outstrips the supply. This is taken as daily food by majority of the inhabitants of the country.
Ugu leaf is the most consumed vegetable in Southern Nigeria and this has greatly increased its rate of demand in the market.
In our last article we talked about waterleaf, both of them go hand in hand in the vegetable consumption index in Nigeria.
Farming for Ugu is no more for subsistence, it has gone to a more corporate level, and people go to as far as neighboring countries to hire labour to come and farm Ugu vegetable in Nigeria for them.
Characteristics:
The gestation period is very short, you can plant and have your initial harvest within 40 days; with this you can easily recover your investment within a very short period of time.
You can harvest repeatedly for about 8 months at about 15 days interval.
The planting and consumption of Ugu is no more seasonal, whenever you plant, it will germinate, and there is a hungry market ready for it.
The farming of pumpkin leaves requires no special experience for you to start; there is always someone with the experience that can put you through.
Nutritional benefits of Fluted Pumpkin Leaves (Ugu):
Ugu leaves are a source of dietary fibre that maintains a healthy digestive system. Improving our digestive system helps in preventing constipation and other cases of ulcer and gastroparesis.
This vegetable should form part of our daily food plan so as to gain the full benefit of the fibre.
It is rich in antioxidants: they are rich in alkaloids, hydrocyanic acid, resins, tannins, and flavonoids. These are powerful antioxidants that offer good immune system benefits. Cancer and the like can be effectively prevented by foods that are rich in antioxidants.
They help in maintaining the body tissues; protein in the leaves help in maintaining and improving body tissues; they include connective tissues, muscles and nervous systems. The vitamins contained in them help to maintain healthy tissues, cells and membrane; and as well as treating wounds due to the presence of vitamin C.
Balances the hormones: Fluted pumpkin leaves possess high protein content, Ugu contains the amount of protein needed to balance hormones, tissue repairs; and regulates the acidities of body cells and organs.
Our main focus in this article is to discuss the farming and the profitability of Ugu leaves; we shall dedicate a full article on the benefits in future.
Marketing of your Ugu vegetables:
You must make sure you maintain your vegetable farm well so that the plants will grow well and give you good yield. Customers prefer Ugu leaves that are fresh and dark green with wide or big leaves.
If people know that you always have vegetables in stock, they will continue to knock on your gate because the demand far outstrips the supply.
You may also decide to sell in bulk to owners of restaurants and big hotels.
Stay with us as we continue to bring to money making ventures that are easy and do not require huge capital outlay.
Don’t forget that you can get all the training you need from us, just get in touch with us and you are covered.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 15, 2021 11:15:58 GMT 1
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 14, 2021 10:44:30 GMT 1
Agro-Exports: One State, One Product Initiative To Yield $30 billion For The Federal Government Of Nigeria In 10 YearsThe Nigerian Export Promotion Council (NEPC), is still insisting and reminding State Governors that the economy of the nation will be better if each of the 36 states of the federation will specialize in one exportable agricultural product and nurture it to maturity until it starts earning foreign exchange for the country. The council is still insisting that the model is to bring about diversification of the economy in order to end the Federal government’s mono cultural dependence on oil all these past years with neglect of the non-oil sector. This assertion was made by the regional head of NEPC, Joe Ita in Calabar, the Cross River state capital; at a one-day South-South stakeholders consultative forum for export clusters. He said that NEPC developed this ‘Zero Oil’ plan in 2016 as a response to the recession that the country found itself in that year due to the crash of international oil prices. With this plan the country will be preparing itself for a time when there will be no oil anymore in the Niger Delta or when oil will no more be relevant in the scheme of things in the world affairs. He described the strategy as a plan through which the country will be boosting its foreign exchange receipts through the non-oil sector. The country will initially target 22 products that are capable of generating $30 billion in foreign exchange a year. Some of them are: cotton, rice, leather, gold, soya beans, cocoa, petrochemicals, palm oil, rubber, cement, tomato, banana, oranges, cashew, cassava, sesame seeds, avocado, and spices.The strategy is to have one export product for each state from which Nigeria will be earning foreign exchange. He advised that each state coordinator should work closely with their state governments to drive the project. Also, the Chief Promotion Officer of NEPC, Sylvia Onono Adeneye, said that the agency is willing at all times to help the state governments realize their non-oil export dreams. The Cross River State Commissioner for Commerce, Mrs. Rosemary Archibong, urged the Federal Government of Nigeria to support the state in its quest for industrialization. She stated that the state governor has a strong vision for the state’s success in export; and that is why he is developing a cargo airport, deep-seaport, and a 275 kilometer super highway all towards achieving the state’s exports goal. Also deputy director of NEPC, Mrs. Pauline Ndulaka, stated during the implementation of the One state, one product (OSOP) value chain export development meeting through the National committee on export promotion in Uyo ( Akwa Ibom state capital) that the nation’s non-oil exports will reach $30 billion annually by the year 2025. The NEPC Deputy Director added that Nigeria’s sole reliance on crude oil and gas exports has been the main reason of high volatility in our national economy. But she stated that if properly implemented that the foreign exchange of the country from non-oil exports will rise to $30 billion annually in the next 10 years. It is expected to create at least 500,000 extra jobs annually in order to lift Nigeria’s working population out of poverty. She urged the state governments to focus their energy on products they have comparative advantage over other states and develop it for export. For example, Akwa Ibom state has a lot of fresh coconut oil, cassava, seafood, palm fruits, iron ore, and others. Both the federal and state governments should wake up and arrest the economic meltdown facing the country. The country’s import bill is rising annually without a corresponding increase in non-oil exports. We can remember that 5 years ago, precisely in year 2016, immediately after the government of President Muhammadu Buhari took over power, The Executive Chairman of NEPC, Olusegun Awolowo unveiled the new project called ‘One state, one product’. In fact the project was presented to all the representatives of all state governments of the Federation. While addressing a team of technocrats driving exports in their various states at a parley, Awolowo said that the project was aimed at stirring each of the 36 state governments of the Federation to focus its energy on one product that it can develop for export. The project was established to actualize the Zero Oil project of the Federal Government which will help develop the country’s non-oil sector and eventually the economy. The country must start thinking as if oil does not exist any longer. Five (5) solid years after the launching of the project, what is the result? Stay with us as we will bring to you the various levels attained by each state of the Federation on this issue in our subsequent articles.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 11, 2021 18:14:14 GMT 1
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 10, 2021 14:44:40 GMT 1
Honey Importation: How Nigeria Loses $10 billion Annually – NEPC
Nigeria loses an average of $10 billion annually through importing honey and its by-products that Nigeria is capable of producing locally.
The Executive Director and Chief Executive Officer (CEO) of the Nigerian Export Promotion Council (NEPC), Chief Olusegun Awolowo, said that the country loses about $10 billion annually on honey importation into the country.
He made the statement at the technical session on Enhancing Global Markets Access for Nigerian Honey and honey by-products in Abuja, the Federal Capital of Nigeria.
He also added that one of the problems affecting export opportunities in honey in Nigeria is the use of old techniques by the local beekeepers.
The European Union (EU) accounts for about 35% of the total global honey imports, therefore the objective of the council will be to obtain listing certification for beekeepers to ease their access to the European market.
The Federal Ministry of Agriculture has revealed that Nigeria spends more than $2 billion annually to import honey into the country.
There is high demand for the product both locally and internationally, people all over the world are steadily moving away from sugar consumption to honey.
The business is a lucrative one; the honey farmer can even combine the business with other businesses as he does not need to stay there all day long.
Nigeria’s honey sector has a large market size, but very few producers. What has been the problem hampering the production of honey and its by-products in Nigeria?
By-products of honey:
The following are by-products of honey; in the business of honey you make money not only from the main product alone, rather you will be making money from some other by-products too.
It then means that you can carve out a niche for yourself and start playing in that niche, and probably dominate it to your great financial advantage.
Pollen: This is a source of protein and vitamins.
Royal Jelly: It is a dietary supplement for the elderly.
Propolis: This is a natural antibiotic.
Bee Wax: Used for softer and younger looking skin.
Bee Venom: This is an indispensable ingredient used to desensitize against bee stings.
Honey had occupied a unique position as the only concentrated form of sugar for ages.
Why you should start the business of honey
The business of honey is very lucrative, it is an evergreen business; this is a business that has been in existence over the years and the product is used by all categories of people.
Remember that we said here in this forum that one of the factors that make a product or business worthwhile going into is if the business or product is evergreen. That is, a product or business that can be done all round the year and seasons.
Honey business immensely qualifies to be classified as such because provided there are food, cosmetic industries, the young and the elderly; there will be consistent demand for the product.
There are very few persons into the business, the reason being that because bees do sting, people tend to view the business as strange; they do often imagine how someone can manage such a business.
They are ignorant of the level of profit in that business, and have refused to seek knowledge to tap from the goldmine called honey.
I am aware of people who started this business with less than N25,000 about two years ago with just one hive for testing; today they have more than 15 hives. They are still doing their normal day business.
How can you start the honey business?
I will not advise you to jump into the business without first getting some training or partnering with someone with the requisite knowledge, but you can start by buying and selling honey locally. From there you can develop the knowledge and start the export business.
Our main aim here is for our members to enter into the lucrative business of exporting honey to bridge the gap between the local production and the quantity and value of importation into the country.
Did you know that pure honey does not get bad? No matter how long it stays, it cannot go bad because there are no additives included in them.
We shall continue this article by exposing those hidden things that will lead our members into doing business of exporting honey to other countries.
Let me assure you, if you have access to pure undiluted honey, you are 100% sure of making good money in this business. You can test the market by just getting a source of pure honey; sell to one or two people in your neighborhood with warranty. Sit down and see money pouring into your bank account daily.
Business of pure honey is gold. Do something to reduce the import bill of the Federal Government and you will be smiling to the banks too.
Stay with us.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 10, 2021 13:41:46 GMT 1
Waterleaf business in Nigeria is very lucrative and it is capable of sustaining any farmer no matter your level of operation. Both the leaves and stems of this vegetable are consumed as food. The leaves are fleshy, green in colour and soft.
Waterleaf which is also known as Talinum Triangulare is a plant that grows at all seasons and in all types of soils.
The waterleaf plant is normally farmed in the southern part of the country, but these days they can be found in almost all parts of the country because it is farmed all through the year both during dry and rainy seasons.
This leaf is so important that people use it in almost all types of soup in the south east and south-south regions of the country. It is everyday food in the south and its demand outweighs supply.
As soon as the plant matures which is usually very fast, you can start harvesting every fortnight depending on the farming method used. Waterleaf is very underrated and undervalued in Nigeria because majority of the people regard it as wild plant, thereby not paying serious attention to it until when they want to prepare soup.
It is known as Gbure in Yoruba land, Mgbolodi in Igbo, Malabar in Ibibio, and Ebe dondon in Edo.
It contains lots of water and nutrients such as: minerals, vitamins, crude fibre, lipids, and other things that make them highly medicinal.
Benefits of eating waterleaf:
Improves blood cell: the crude protein contained in it helps to improve the red and white blood cells.
It promotes healthy heart: it prevents heart related diseases if eaten regularly. It supplies the right amount blood and oxygen to the body system.
Eliminates infections and diseases: when used with other vegetables, can be used in the treatment of diseases like malaria.
Helps in weight loss: it aids weight loss due to the amount of fibre content in it.
Eases digestion: waterleaf helps in reducing constipation and enhancing proper digestion of food.
Why should you go into waterleaf farming?
Waterleaf is very easy to plant; if you have the stems you only need to find a good location, even though they grow in a variety of soils. That is the reason why the locals do not take it seriously as they see it grow around them without anybody taking credit for planting them. You simply need to insert the stems into the ground close to each other to create clusters and you are good to go.
But if you have waterleaf seeds; you can place them in empty clay pots or place them in the soil. Potted waterleaf will grow anywhere and can start dropping seeds when it rains or comes in contact with adequate water.
Water leaf farming is very easy to do and does not really require much experience; you just need to acquire some technical knowledge of what to do and within a short time you are into the business.
After planting what you need to do is to continue watering the plants until harvest as they need much water to grow well.
How to export waterleaf from Nigeria to foreign countries
Waterleaf from Nigeria can be exported fresh or dried. If you want to export it in the dried form, you will need to wash and clean it properly to remove foreign matter and other impurities.
Then you have to take them to the drying machine to dry them at between 42-45 degrees centigrade. After drying be sure to sort the bad ones out of the lot and package the good ones according the contract specifications.
Dried vegetable are better for the US markets while the fresh ones are good for the European markets because it takes fewer hours to reach Europe.
Quarantine Services
Nigerian Agricultural Quarantine Services (NAQS) is a body set up by the Nigerian government to regulate agricultural commodities being exported from the country to foreign countries.
They must certify your products as being in good and consumable condition; they will then issue you with a certificate of quality called Phytosanitary Certificate before your goods can be accepted by foreign buyers, especially in the EU.
Important facts to take note of if you want to be a vegetable exporter
As an intending vegetable exporter from Nigeria, you must know the following facts before venturing into the business so as to avoid disappointment and losses.
Your vegetable must be from a farm registered with Nigerian Agricultural Quarantine Service (NAQS)
They have a list of vegetable farmers; they go to their farms to fumigate their vegetable to be sure that they are free from fungi and bacteria
You can only export vegetables on Monday, Tuesday, and Wednesday. Other products can be exported any day of the week.
Vegetables are packed in 50 grams, 150 grams, etc. depending on contract with your buyer.
All agricultural commodities exported from Nigeria must be accompanied by Phytosanitary Certificate issued by Nigerian Agricultural Quarantine Service.
Please always study your contract very well before preparing your products, especially perishable goods like vegetables. The European Union takes edible products very seriously and has laid down rules and procedures to be followed before such goods are allowed into their countries.
Stay with us for more on vegetable export from Nigeria.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 9, 2021 18:07:48 GMT 1
Nigerian Exporters Breaking Into The European Fruit Market With Avocado Pears
The Italian Trade Agency, ITA, has of recent been wooing Nigerian produce exporters to break into the European fruit and vegetable market.
The agency expressed its readiness to build capacity and also to facilitate the process.
The ICE Faculty Trainer, Enrico Turino, said at the occasion that Nigerian produce exporters have opportunities to penetrate the European market with vegetables, gingers, avocados and others.
He said that the European buyers have been sourcing their vegetables and fruits from China but due to the effects of Covid-19, China could not satisfy all their demands.
This is the reason why we are going to look into Avocado farming and export potentials in Nigeria in this article.
The officer said that about two years ago the European importers were looking for a specific variety of avocado but today they are open to ordering new varieties.
What are the potentialities of Avocado in the Nigerian export market?
Nigeria is endowed with huge potential for the production of avocado, but the production is done mostly in the rural areas, especially in the southern part of the country: Ondo, Imo, Abia, Enugu, Ebonyi, etc.
If the avocado’s industrial potential in Nigeria is properly harnessed, it can contribute greatly to the export earnings of the nation.
Only eleven countries control about 80% of the world’s avocado production, and the top countries are as follows according to statista: Mexico, Dominican Republic, Peru, Colombia, Indonesia, Kenya, Brazil, Haiti, Chile, Israel, and China.
It is the most consumed fruit in the United States of America (USA), according to 2020 reports by Statista.
According to their reports and forecasts, the market value of avocados worldwide in 2019 was about 12.8 billion U.S. dollars, and is forecast to rise up to more than 17.9 billion U.S. dollars by 2025.
The market is wide open for Nigerian businessmen and women who are interested in the export business to cash in on this very lucrative business.
In Africa, Kenya leads others in the production and export of avocado; proceeds from the export of avocado accounts for about one-fifths of its annual horticultural exports.
Nigeria has arable lands that can be used for the cultivation of avocado for export and local consumption. Just like apple, we continue to import apple from countries like South Africa for ages, our youth are crying about unemployment while these opportunities are wasting year in year out.
How many varieties of avocado do we have?
The demand for avocado worldwide has reached fever pitch, and this has led to frightening shortages of the fruit.
Though there are over 50 varieties of the green fruit, there are three main types of avocado categorized by their countries of origin: Mexico, Guatemalan, and West India. Also most avocados found around the world fall in the categories of Fuerte and Hass.
Hass avocado is acknowledged all over the world to be one of the best and famous species. The flavour is highly intense and the flesh is extremely creamy for general use. It actually came from Guatemala in the 1930s.
How do you break into the European market from Nigeria?
During summer, the supply of avocados in Europe is usually dominated by Peruvian suppliers of Hass. While in winter, South Africa covers that supply window. European winter is covered by Spain, Chile, Mexico and Israel.
This does not mean that all openings have been taken over, there are still opening all about the place for exporters willing to meet all the conditions required by the importers. Hass has excellent ripening statistics, and they are mostly in demand by retailers and major importers in Europe.
What are the requirements your avocado must meet before they can be allowed into the European market?
Mandatory requirements:
Pesticides residues and contaminants
Pesticides and residues are the most crucial issues to be addressed by fruit and vegetable suppliers to the European market. Your buyer will always list all the conditions relating to this for you in the contract.
Phytosanitary regulations
From 2019, all avocados entering the European market must go through plant health check to confirm that it is free from quarantine pests. The shipment must be accompanied with the Phytosanitary certificate.
You must comply with maturity requirements in your contract.
Size and Packaging
This should not be more than 25kg, but these conditions must be stated in the contract issued to you by the buyer.
You may also be required to present some certifications by buyers to demonstrate good practices and food safety.
If the country harnesses the industry potential of avocado properly, another goldmine in agriculture and agribusiness is in the offing for the country.
We deliberately decided not to include all the wonderful benefits of avocado, which is for another article; we only decided to stress on the export potential of the business.
Stay with us for more of this.
Always remember to join our export and import seminars to improve your business success skills.
Call our admin for more information.
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 8, 2021 19:13:36 GMT 1
Traveling for Nigerians increasingly requires adequate planning. With Nigerian passports ranking 83rd in freedom to travel across the world, acquiring a visa is always difficult and strenuous. However, there are visa-free countries accessible to all Nigerian passport holders. With just a valid passport, you can gain entry into these countries without having to stress yourself over a visa. Some may, however, be required to apply for a visa at their point of entry. 1. Rwanda Easily the nearest African country, Rwanda has become a destination choice for investors and tourists. After the 1994 genocide war, the East African nation is wearing a new look. It is also a secured nation with less than five percent national crime rate. Visa is obtained at the entry point with just $100 for Nigerian passport holders. 2. Djibouti In East Africa, one of the best places to visit from Nigeria is Djibouti. You may require a visa on arrival at an affordable rate, but the country still has beautiful places to visit such as Lake Assal, which is the lowest point on land in Africa. In the world, it is only the third after the Sea of Galilee and the Dead Sea. 3. Morocco The culture, weather and exotic offering of Morocco make the country a great destination for honeymooners. There are super-amazing sites, shops, restaurants, cafes and more around the streets of Morocco which could definitely tempt you to turn your honeymoon into a typical excursion you will not regret. 4. Cape Verde This is an island country that is found on the West African coast. It is one of the most welcoming tourist destinations on the continent as it has great weather and beautiful spots that you could have a splendid vacation. 5. Kenya This beautiful tourist destination has a lot of wildlife, safari and historical places on offer. Cities to explore include Nairobi and Mombassa with the hosts generally welcoming and helpful. Visa is also at the point of entry. 6. Uganda This East African nation with rich historical cuisine and sites such as Lake Victoria and others allow Nigerians to travel to obtain a visa at the point of entry. 7. Sudan Nigerians can get visas at the entry point to visit the massive deserts and wildlife conservations in this hugely vast country. 8. BURKINA FASO Location – West Africa (Visa free) The country also plays host to the International Arts and Crafts Fair, Ouagadougou which is regarded as one of the most important African handicraft fairs. Burkina Faso is a visa For Nigerian who would love to stay as long as they like. The Country boasts of gold reserves and is rich in music and art like the drumming culture. 9. BENIN REPUBLIC Location – West Africa (Visa free for 3 months) As a Nigerian passport holder, you can visit Benin Republic and stay for 3 months without a visa. A country located close to Nigeria, there are a number of tourist attractions in the country that may interest you like the nominated UNESCO World Heritage site named Pendjari National Park. 10. BURUNDI Location – East Africa (Visa free for 30 days) Nigerians are allowed a visit to Burundi for 30 days without a visa requirement. The country is known for its craft works that serve as a great gift option for tourists. From shields, baskets and masks to statues and pottery. An important part of the culture in Burundi is drumming, the Royal Drummers of Burundi have been performing for 40 years. The oral tradition of the country through poetry, storytelling and songs is also something worth enjoying. 11. CHAD Location – Central Africa (Visa free for 3 months) Chad offers a 3-month visa-free stay for Nigerians. All you need to do is provide a return ticket that shows you do not plan to stay in the country permanently. You can visit the Chad National Museum, Chad Cultural Centre to get a feel of the rich cultural heritage of the Chadian people. 12. CAMEROON Location – West Africa (Visa free for 90 days) Enjoy a great time in Cameroon as entry is visa-free for Nigerians. Check out the National Museum & Mvog-Betsi Zoo in Yaounde or the La Pagode Maritime Museum in Douala. There are a number of wildlife species ranging from lions and antelopes to snakes and birds, you will find at any of the parks. 13. COTE D’IVOIRE Location – West Africa (Visa free) A visa free stay in Cote d’ivoire formerly known as Ivory Coast is worth it as there are several points of interests and tourist attractions you can visit during your stay. The beach resorts of Assinie, the Parc National de Tai, valleys of Man and the artsy Grand Bassam are some of the breathtaking tourist attractions you can see in Cote d’ivoire. You may also enjoy the lagoon boat tour or visit the open markets in Treichville or Cocody. 14. COMOROS Location – East Africa (Visa on arrival) You can travel to Comoros without a visa but you can get the visa on arrival for $50. Comoros Island is made up of four developed islands with white sandy beaches, giant fruit bats, volcanoes, and rainforests. Enjoy one of the best adventures on Comoros Island and make memories of a lifetime. 15. CAPE VERDE Location – West Africa (Visa on arrival) A visa will not be required by Nigerian citizen upon entry to Cape Verde, provided you can prove to the immigration officials you do not plan to stay permanently in the country. You will be required to provide a return ticket, as well as proof of funds. 16. CAMBODIA Location – Southeast Asia (Visa on arrival for a period of 30 days) This country allows Nigerians entry with a 30-day visa on arrival at the port of entry. The country is well known for its beautiful beaches and ancient temple cities. You may visit during the annual Water Festival in November. Source: thenationonlineng.net/15-visa-free-countries-for-nigerian-tourists/
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Jun 5, 2021 17:18:30 GMT 1
The naira on Friday exchanged at N502 to dollar on the parallel market as panic buyers piled pressure on the local currency. The naira lost N3/$1 when compared with N499 to dollar it closed on Thursday. Managing Director/CEO Financial Derivatives Company Limited, Bismarck Rewane, said the naira was weakening because of panic buying by forex users, speculative trading and front loading of future demand. “Our economic analysis based on the cobweb theorem of prices (exchange rate) moving towards an equilibrium says that prices will rise initially when there is a demand gap before falling in the short run. “Therefore, we expect the forex market to correct itself in July with the naira appreciating towards N470-N490/$,” he said in emailed report to investors. The naira continues to come under pressure after devaluation by the Central Bank of Nigeria (CBN) that pegged the official exchange rate at N410.25 to dollar. Naira’s depreciation to new low has also been linked to dollar scarcity and forex speculators hoarding the available greenback to maximise profit. Many forex dealers were shocked at the pace at which the naira was losing ground against the dollar despite rise in crude oil prices. Trading Desk Manager, AZA, a global forex trading platform, Murega Mungai, told investors that the market has continued to digest the impact of the CBN adopting the NAFEX as its official exchange rate. He said that foreign reserves also declined slightly to $34.24 billion, repressing a 0.04 per cent decrease compared to the previous week figure. Mungai said the recent rise in global crude oil prices has not fed through into increased revenue from oil exports while projecting sustained pressure on the naira in the coming days. An economist and Managing Director, Financial Derivatives Company Limited, Bismarck Rewane, had attributed the naira’s continued decline to heightened forex supply shortage, demand pressure and rationing. He said naira rates convergence would require adoption of a full floating exchange rate system determined by the forces of demand and supply. President, Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said forex speculators are behind the naira crisis. He said directors of Bureaux De Change (BDCs) have met and resolved that all BDCs should cooperate to bring down the forex rates in the market. Likewise, the International Monetary Fund (IMF) said exchange rate rigidities have constrained the economy’s ability to absorb external shocks. The IMF insisted that restrictions on access to foreign exchange for certain categories of goods and multiple exchange rates create distortions in both private and public sectors decision making. They discourage long-term investment, encourage smuggling and provide avenues for corruption. Moving forward, the Fund suggested removal of foreign exchange restrictions and a full exchange rate unification, in line with the authorities’ Economic Recovery and Growth Plan (ERGP), will help keep the parallel market premium low in a more sustained manner. It therefore called for unified exchange rate for the naira to promote growth and attractive foreign capital. According to the IMF, foreign exchange backlog and shortages are intensifying balance of payment (BoP) pressures, insisting that exchange rate unification was imperative to reduce BoP risks. It said that fiscal deficit will stay elevated in the medium term, while additional domestic revenue mobilisation is required to reduce fiscal risks. Source: thenationonlineng.net/panic-buyers-push-naira-to-n502-1-on-parallel-market/
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NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on May 31, 2021 12:31:54 GMT 1
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