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Nigeria Eyes $1.6tn From New Export Markets, To Standardise Shear Butter - Business - Nairaland

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Nigeria Eyes $1.6tn From New Export Markets, To Standardise Shear Butter by Omooba77: 3:10pm On Dec 31, 2014
THE Federal Government has evolved 30 new export markets within Nigeria which could make the nation attain a 7.1 annual Gross Domestic Product growth and a financial base of $1.6 trillion just as the Nigerian Export Promotion Council (NEPC) on Wednesday said that it would train no fewer than 600 farmers in quality Shea butter production to enhance its export value.The Director-General of the council, Mr Olusegun Awolowo, made these disclosures in an interview with the News Agency of Nigeria(NAN) in Lagos.Awolowo said that the training would increase the value of Shea butter in the export market.``The major challenge with us is the quality of some of our exported products but we are concluding plans to put an end to that very soon.``What we are doing is that we are trying to increase the quality of our exported products and we have seen that some of our products are even on the shelves in the UK, USA, and other European countries.``Talking about the European Partnership Agreement for instance, we will be able to benefit from it, if we take our industrialisation serious, we can also export quality products.``For instance, we are preparing to train not less than 600 women farmers in quality Shea butter production from the Shaki Area of Oyo State.``The training will serve as one of the ways by which we add value to our local products by exporting finished products and not just in their crude form,” he said.Awolowo also said that the private sector was a major stakeholder in the industrialisation of the country as they could do better in terms of investment.He said that trainings would begin for sesame seeds and moringa oil production soon.NAN reports that the NEPC director-general had in November said that the nation could rake in $1.6 trillion from non-oil exports within the next five years.



http://www.ngrguardiannews.com/lead-story/192200-nigeria-eyes-1-6tr-from-new-export-markets-to-standardise-shea-butter

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Re: Nigeria Eyes $1.6tn From New Export Markets, To Standardise Shear Butter by Omooba77: 4:07pm On Dec 31, 2014
I beg whether na shea butter or crude oil,oil na oil!
Re: Nigeria Eyes $1.6tn From New Export Markets, To Standardise Shear Butter by Ltrust(m): 5:37am On Jan 03, 2015
To succeed in the International market, you need thorough knowledge of the export process as information and detailed knowledge is the key because you will definitely have to do proper analysis and planning so you don't throw your hard earned money to the wild bush.
I recomend positioning in any of the value chains or do local trade while acquiring all necessary to trade the bigger foriegn market. You can leverage on our feasibility studies, cost and profit analysis and we will help you get good local and foreign contracts as you desire.

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