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Nairaland Forum / Nairaland / General / Business / Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers (94789 Views)
Meet Chiamaka "Tomato Baby" Who Sells Tomatoes To Fund Her Education. Pics / Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It / Dangote Tomato Processing Company Suspends Production (2) (3) (4)
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Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by mysticgal(f): 7:39pm On May 09, 2016 |
Odunharry:I have started |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 7:45pm On May 09, 2016 |
AleAirHub:We planning by next week to expand our base like 1 J5 to Each States with high demand. We conxluded our research now in Illorin - Kukulende market, Minna Niger State- Kure Market, Abuja - Wuse 2 Market. 2 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Rooneyboy(m): 7:49pm On May 09, 2016 |
Ymodulus: + Enugu . 3 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Lordtrillion(m): 7:52pm On May 09, 2016 |
Ymodulus: Lol 3 Likes 2 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by jerome263: 7:58pm On May 09, 2016 |
Ymodulus: please include ughelli market in Delta.... I can handle the selling for you here 5 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Nobody: 8:08pm On May 09, 2016 |
Hi ymodulus please I have been reading through the post for a while now with my dad. I really need to contact you and see how I can get a seller here in lagos now and settle everything then get down to cameroun so as you buy I buy too until am perfect. I have #5million to start please help. Is it possible to settle everything this week ? Please thanks. 11 Likes 2 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by chenor(f): 8:26pm On May 09, 2016 |
Please include ebonyi.. You hardly see tomatoes especially on Saturdays.. I mean hardly.. The one you see is expensive like 4 small ones at the rate of #300.. I had to opt for tin tomatoes.... You can extend your sales down here.. I am sure you will get profits.. 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by chenor(f): 8:30pm On May 09, 2016 |
Have exams coming up so let me not engross myself in this, I like trying out new things but sadly school has got me pretty occupied.. Till August /September.. Can't wait sha.. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by AleAirHub(m): 8:31pm On May 09, 2016 |
Ymodulus: No dulling , but never make mistake again entering my base without stop by to say hello to your boy .At list I can afford you a bottle of EVA water.... Bravo 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by miqos02(m): 8:32pm On May 09, 2016 |
hmmm |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Nobody: 8:34pm On May 09, 2016 |
chenor:Hi...this won't be Uniben by any chance wud it? |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by dasanchez1(m): 8:58pm On May 09, 2016 |
Ymodulus:well done boss. .. 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by lexylexy(m): 9:11pm On May 09, 2016 |
Ymodulus: @ymodulus,nice one ma brother,but I want to ask pls,I thought most of these perishable goods are contraband,will u call what u do smuggling?how do u get past immigration and customs authorities on both sides and lastly,if I had d funds,can I go with u to cameroon so as u are buying yours,I'll buy mine. Tanx |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Nobody: 9:25pm On May 09, 2016 |
Oga. Continue Garnishing lies with half truths. Over 70million naira in like 3 days on tomatoes purchases? Not impossible but suffery suffery. Gafara anya... I like entrepreneurs but don't give people false hope here. There is money to be made in purchase and sale of agricultural products but even at that, it is not that easy as you seem to be portraying it here.Even the sheer amount of constraints you would go through during interbank transfers from Nigeria end route Cameroun is enough to run you amock on such large transfers. 17 Likes 3 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by otitokoroleti: 9:31pm On May 09, 2016 |
x240:nothing is impossible but you made some points. ymodulus is a risk taker because am one of his silent followers. 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by hungryboy(m): 9:32pm On May 09, 2016 |
When i grow up, i want to be like this my Oga, Dude is not only a smart businessman, but loves sharing his knowledge with others free of charge, If no be internet, i no go sabi say people like Ymodulus exist, But for now, #make i go mount my toll gate for Lagos Ibadan way follow collect revenue for those your tomato motor. 8 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Nobody: 9:40pm On May 09, 2016 |
otitokoroleti: Let us even assume he has the funds. He has stated he used FBN, Gtb and diamond. I operate a Platinum Card for one of these banks and the maximum Dollars I can transfer, cash or even use over POS or at is $5000 per month and $30000 a year. So how was he able to move over 70 million naira. That's like $250,000 between Nigeria and Cameroun. Gtb or Diamond does not have a branch there neither FBN and you wouldn't for the love of Satan dare move such amount across ikom. If there is any axis so dangerous for road robbery after Kaduna-Zaria-Kano that axis would take the cake. I have experience with people buying bananas in Cameroon so I am talking from a point of clarity not ignorance. He would do well to clarify such. 9 Likes 3 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by otitokoroleti: 9:41pm On May 09, 2016 |
@Ymodulus, it will be of great advantage if you state the minimum amount of money to run this kind of business to enable those that are interested know the next step to take. at all readers, one thing you need to learn from this thread is diversification. Dont rely on only one business, the best way to make money is to sell peoples want & not their needs. try to know what people wants & find means to meet their demand. above all, tomatoe business is a seasonal business & not all year round business. if at all you wanna venture into it, start small & not as big as ymodulus does. tomatoe is a perishable goods & requires transportation from one place to the other. Wishing you all success 5 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by juwoonn(m): 9:48pm On May 09, 2016 |
Ymodulus:boss fulani killing is minimal...na bororo dey kill..but people generalize them as fulani 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by otitokoroleti: 9:51pm On May 09, 2016 |
x240:Good, I'm sure that hes gonna make clarifications on that. Your post will help lots of interested readers to have deep knowledge on how to go about fund transfer for payment |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by juwoonn(m): 10:05pm On May 09, 2016 |
you are risking your life too much baba. 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by kponkanaG3(m): 10:51pm On May 09, 2016 |
Ymodulus:Oga Ymodulu please I am interested in this business but I can't speak or understand Hausa since you said it will be better if who ever that want to venture into it knows how to speak Hausa. Please can I buy from you and sell I'm in PH. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by mployer(m): 11:44pm On May 09, 2016 |
x240: He said he could transfer 10mil per day through diamond bank mobile app. But people need to calm down, business isn't that easy. There are people doing that business before he came in, he hasn't told us how he managed to beat them in their own game. I do large scale importation of electric cable presently and I know what I battle with the big boys in Alaba. Again, I don't think he just invested 56mil in his first trip. He must have done some small scale purchase in the past to understand the route better. He is really good. I think he made a good decision by going into the tomato business. It is a fast moving item that is run by Hausas. His ability to speak Hausa fluently enabled him fit in properly. I think those clamoring to join him should take note of this. 17 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Abidex35(m): 12:19am On May 10, 2016 |
Ymodulus:So unfortunate our previous yuan transactions were inconclusive, but this time around no excuse, I must deliver results It's high time we get our hands dirty with tomatoes, will give you a call tomorrow morning coz it's late by this time already. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by spanzed(m): 12:35am On May 10, 2016 |
hmm having gone through the whole thread I would say kudos ymodulous......as I no get money to invest for this ur business I pray that as God liveth I will reach ur stage someday and even surpass ur feat. 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by gurujoe(m): 12:58am On May 10, 2016 |
I want to use this platform to thank Ymodulu for the great job! He has laid the foundation on which any serious mind could work on without asking unnecessary questions. It only takes a strong mind to reveal his business secret & when it does that take the full advantage. MY ADVICE TO PEOPLE THAT WANT TO TAKE THE RISK . having a partner in business is good, it reduces the risk let say an Igbo and housa guys or Yoruba & housa... . try starting small & u build up. Let say 1j5 appr. 1.5M . work with people that knows the in & out. Here the housas . don't escort the vehicle you will incur more road expenses but make sure you got your vehicle from Union. From my Kosso experience . make sure you have the necessary documents. Here custom clearance & Union papers. It helps avoid police/ tout wahala . @ the guy with 5M to invest I am not impress with your post. Thank u all! 5 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 12:59am On May 10, 2016 |
x240: Sir first of i never said i transfer such amount directly to cameroon. Secondly, Sir you dont transfer to a foreign account. You transfer to Nigerian Agent BDC at the Border. This agent gives you the conversion rate and amount in Naira to pay. Thats how it is done. This nigerian Bdc at border is also responsible for converting the cash. Whem the farmer sees this. Transaction is done. Now the Bdc sending the money to cameroon is his work. Clearing at Cameroon requires Their currency which is not a problem, its equivalent in Naira is 150,000 for a cameo depending on category of cameo. Thirdly Sir, redrawing for minor expenses is done at ikom. As there are several banks. Finally, Sir with all due respect am not trying to be insultive but you coming out to say transferring N70,000,000 a day is not possible is ridiculous. Please go visit a BDC to school you more. You want to send N56million to a foreign country and you are using platinum cards? for whatever you believe sake in 2016?? Sir please ignorance is also a disease. Go find out how things are done. Nigerians are smarter. Lets take on one on one on this. Common $1M is moved out a day by several shipping companies. So i know what i say. 60 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by izikjon(m): 1:08am On May 10, 2016 |
I am using my friends account to type. As I was banned by Spam Bot. x240: Sir first of i never said i transfer such amount directly to cameroon. Secondly, Sir you dont transfer to a foreign account. You transfer to Nigerian Agent BDC at the Border. This agent gives you the conversion rate and amount in Naira to pay. Thats how it is done. This nigerian Bdc at border is also responsible for converting the cash. Whem the farmer sees this. Transaction is done. Now the Bdc sending the money to cameroon is his work. Clearing at Cameroon requires Their currency which is not a problem, its equivalent in Naira is 150,000 for a cameo depending on category of cameo. Thirdly Sir, redrawing for minor expenses is done at ikom. As there are several banks. Finally, Sir with all due respect am not trying to be insultive but you coming out to say transferring N70,000,000 a day is not possible is ridiculous. Please go visit a BDC to school you more. You want to send N56million to a foreign country and you are using platinum cards? for whatever you believe sake in 2016?? Sir please ignorance is also a disease. Go find out how things are done. Nigerians are smarter. Lets take on one on one on this. Common $1M is moved out a day by several shipping companies. So i know what i say. 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by jammyunn(m): 1:16am On May 10, 2016 |
nice one...I had to go into this too but mine is imported from Italy. it's canned fresh tomatoes and my customers are impressed with it. 3 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Rooneyboy(m): 1:34am On May 10, 2016 |
x240: Mr Doubting Thomas This message is coming from Mr Ymodulus , he's been banned so I'm sending this on his behalf ............ Sir first of i never said i transfer such amount directly to cameroon. Secondly, Sir you dont transfer to a foreign account. You transfer to Nigerian Agent BDC at the Border. This agent gives you the conversion rate and amount in Naira to pay. Thats how it is done. This nigerian Bdc at border is also responsible for converting the cash. Whem the farmer sees this. Transaction is done. Now the Bdc sending the money to cameroon is his work. Clearing at Cameroon requires Their currency which is not a problem, its equivalent in Naira is 150,000 for a cameo depending on category of cameo. Thirdly Sir, redrawing for minor expenses is done at ikom. As there are several banks. Finally, Sir with all due respect am not trying to be insultive but you coming out to say transferring N70,000,000 a day is not possible is ridiculous. Please go visit a BDC to school you more. You want to send N56million to a foreign country and you are using platinum cards? in 2016? Sir please ignorance is also a disease. Go find out how things are done. Nigerians are smarter. ------------------- Also sir by commin knowledge you should know that for me to import from cameroon we dont do cross rates as it will lead to increase in price of commodities. Which defests the whole essence at first. Even buying cars from cotonu is expensive now due to cross rates. Thanks sir |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by ngbrainbox: 2:30am On May 10, 2016 |
x240: For u mr doubting Thomas, the Poster told me to convey this message for him as the anti spam bolt has locked him up. ....... Sir first of i never said i transfer such amount directly to cameroon. Secondly, Sir you dont transfer to a foreign account. You transfer to Nigerian Agent BDC at the Border. This agent gives you the conversion rate and amount in Naira to pay. Thats how it is done. This nigerian Bdc at border is also responsible for converting the cash. Whem the farmer sees this. Transaction is done. Now the Bdc sending the money to cameroon is his work. Clearing at Cameroon requires Their currency which is not a problem, its equivalent in Naira is 150,000 for a cameo depending on category of cameo. Thirdly Sir, redrawing for minor expenses is done at ikom. As there are several banks. Finally, Sir with all due respect am not trying to be insultive but you coming out to say transferring N70,000,000 a day is not possible is ridiculous. Please go visit a BDC to school you more. You want to send N56million to a foreign country and you are using platinum cards? in 2016? Sir please ignorance is also a disease. Go find out how things are done. Nigerians are smarter. ------------------- Also sir by commin knowledge you should know that for me to import from cameroon we dont do cross rates as it will lead to increase in price of commodities. Which defests the whole essence at first. Even buying cars from cotonu is expensive now due to cross rates. Thanks sir |
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