Post by Trade Coach on Feb 18, 2017 13:04:37 GMT 1
It is real that unemployment in Nigeria today is one of the most critical problems facing our country. Many years of unending corruption, past civil war, elongated military rule, and mismanagement of our resources have hindered economic growth of the country. Nigeria is endowed with diverse and infinite resources, both human and material. However, years of negligence and adverse policies have led us to under-utilization of these resources. Commodities and mineral export remain fully untapped, the industries is so large that it can still accommodate a lot of jobless youths. Here are the money making opportunities in the country’s exportation industry.
Exportation
If you possess the ability to sell and an air of transparency and diplomacy, the export business might be right for you. Anything that is manufactured or sourced within Nigeria and taken out for sale is said to be exported. After all, an exporters is someone who sells goods or services to a foreign market in order to make profit. Export non-oil commodities like sesame seed, hardwood charcoal, cashew nuts, gum Arabic, hibiscus, PKS etc. Return on investment is 25 to 40 per cent for major exportable products, for instance Nigerians can now export charcoal all through the year with huge profit.
Freight Forwarder
They acts as an import/export agent, or a go-between, taking care of the details of moving goods in and out of a country. Sending products from one international destination to another can involve a number of processes, carriers, documentation, and legalities. In other words, the freight forwarder who in most cases is a customs broker is the one that actually tells an exporter the cost of shipping and insurance.
Warehousing and Employment Generation
The cost of renting warehouses may sometime run into millions of naira. Warehouse owners make above ten million naira to twenty million naira annually depending on the size and location to prospective customers.
Exportation
If you possess the ability to sell and an air of transparency and diplomacy, the export business might be right for you. Anything that is manufactured or sourced within Nigeria and taken out for sale is said to be exported. After all, an exporters is someone who sells goods or services to a foreign market in order to make profit. Export non-oil commodities like sesame seed, hardwood charcoal, cashew nuts, gum Arabic, hibiscus, PKS etc. Return on investment is 25 to 40 per cent for major exportable products, for instance Nigerians can now export charcoal all through the year with huge profit.
Freight Forwarder
They acts as an import/export agent, or a go-between, taking care of the details of moving goods in and out of a country. Sending products from one international destination to another can involve a number of processes, carriers, documentation, and legalities. In other words, the freight forwarder who in most cases is a customs broker is the one that actually tells an exporter the cost of shipping and insurance.
Warehousing and Employment Generation
The cost of renting warehouses may sometime run into millions of naira. Warehouse owners make above ten million naira to twenty million naira annually depending on the size and location to prospective customers.
