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How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You - Politics - Nairaland

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How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 3:20pm On Aug 22, 2016
Lord knows Nigeria needs to be an export-based economy, Since exportation has a special share in the economic growth of many advanced and developing countries; as far as making those countries as the strongest countries, the effective factors; in turn, could pave way for progress of countries, particularly the developing countries. Since increase or decrease in currency exchange rate leads to the decrease or increase in export.
Nigeria is endowed with various kinds of resources needed to place her amongst the top emerging economies of the World. Unfortunately, the nation has not adequately benefited from the economic prosperity expected of a nation so richly blessed.
Non-oil exports are products, which are produced within the country in the agricultural, mining, quarrying and industrial sector that are sent outside the country to generate revenue for the growth of the economy, excluding oil products. These non-oil exports include products like groundnut, cocoa, beans, rice, garri, bitter kola, cola nut, gum arabic etc.
The importance of any exchange rate is derived from the fact that is connects the price system of two different currencies, making it possible for international traders to make direct comparison of prices of traded goods.
Looking at this scenario, the naira and dollar issue, it has created a enabling environment for exporters but unfortunately, only little are aware of this.

Exporting From Nigeria

Nigeria is a country naturally blessed and endowed with items that are in serious demand in the export markets around the world. We are not only blessed with solid minerals (besides crude oil) we are also blessed with good climate and weather conditions to support the growth of commodities that are industrially useful in the developed nations.

No wonder an Asian will come into this country with a briefcase and 2-5 yrs down the line, he would have become an employer of labour by harnessing our resources to build wealth for himself via export business opportunities in Nigeria.

Planning And Preparing For Export

While preparing for export, the following should be considered before deciding on the type of products and volume to be exported;
Availability of products - where to get the commodity?
Availability of Market - where do I sell the commodity?
Capital- how much do I have?
Profitability- how much profit can I make from what I have?
Sustainability- for how long can I get this commodity?

On this note, Parvenu Exports will be having another seminar come this Saturday, 27-8-16, on how To Start Your Own Profitable Export Business In Nigeria.
Venue: Kokodome, Dugbe Ibadan.
Gate Fee: #10,000 (Ten Thousand Naira Only)
Time: 10am Prompt
Enquiries: 08185192969

Learn how to access hundreds of serious buyers in the UK and US including their phone numbers and contact address.Understanding how the devaluation of Naira as a result of the fall in oil price coupled with other economic variables offers a favourable environment for exporters of foodstuffs in terms of the profit made.
Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 10:03am On Aug 23, 2016
demola2100:
Lord knows Nigeria needs to be an export-based economy, Since exportation has a special share in the economic growth of many advanced and developing countries; as far as making those countries as the strongest countries, the effective factors; in turn, could pave way for progress of countries, particularly the developing countries. Since increase or decrease in currency exchange rate leads to the decrease or increase in export.
Nigeria is endowed with various kinds of resources needed to place her amongst the top emerging economies of the World. Unfortunately, the nation has not adequately benefited from the economic prosperity expected of a nation so richly blessed.
Non-oil exports are products, which are produced within the country in the agricultural, mining, quarrying and industrial sector that are sent outside the country to generate revenue for the growth of the economy, excluding oil products. These non-oil exports include products like groundnut, cocoa, beans, rice, garri, bitter kola, cola nut, gum arabic etc.
The importance of any exchange rate is derived from the fact that is connects the price system of two different currencies, making it possible for international traders to make direct comparison of prices of traded goods.
Looking at this scenario, the naira and dollar issue, it has created a enabling environment for exporters but unfortunately, only little are aware of this.

Exporting From Nigeria

Nigeria is a country naturally blessed and endowed with items that are in serious demand in the export markets around the world. We are not only blessed with solid minerals (besides crude oil) we are also blessed with good climate and weather conditions to support the growth of commodities that are industrially useful in the developed nations.

No wonder an Asian will come into this country with a briefcase and 2-5 yrs down the line, he would have become an employer of labour by harnessing our resources to build wealth for himself via export business opportunities in Nigeria.

Planning And Preparing For Export

While preparing for export, the following should be considered before deciding on the type of products and volume to be exported;
Availability of products - where to get the commodity?
Availability of Market - where do I sell the commodity?
Capital- how much do I have?
Profitability- how much profit can I make from what I have?
Sustainability- for how long can I get this commodity?

On this note, Parvenu Exports will be having another seminar come this Saturday, 27-8-16, on how To Start Your Own Profitable Export Business In Nigeria.
Venue: Kokodome, Dugbe Ibadan.
Gate Fee: #10,000 (Ten Thousand Naira Only)
Time: 10am Prompt
Enquiries: 08185192969

Learn how to access hundreds of serious buyers in the UK and US including their phone numbers and contact address.Understanding how the devaluation of Naira as a result of the fall in oil price coupled with other economic variables offers a favourable environment for exporters of foodstuffs in terms of the profit made.


Dont be left out
Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 9:08pm On Aug 23, 2016
demola2100:


Dont be left out
The Seminar is going to be explosive! Limited seat available
Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 10:06am On Aug 24, 2016
demola2100:


The Seminar is going to be explosive! Limited seat available

Few seat left i must confess
Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 8:09pm On Aug 24, 2016
demola2100:

Few seat left i must confess

Seat reservation in progress
Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by Standing5(m): 8:21pm On Aug 24, 2016
Good points, but do you export anything yourself? If yes, please what is it?

1 Like

Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 9:39am On Aug 25, 2016
Standing5:
Good points, but do you export anything yourself? If yes, please what is it?

Yes sir, Parvenu Ventures Limited is a licensed and registered exporter in Nigeria, when you check through NEPC website, you will see our company's name amist the registered exporters in Nigeria, we export Agro Products like cashew nut, seasame seed, moringa seed, cow horn etc in tonnes to different part of the world like India, China, UK etc.
Re: How The Devaluation Of Naira And Inflation In Dollar Exchange Rate Can Help You by demola2100: 10:13pm On Aug 25, 2016
demola2100:


Yes sir, Parvenu Ventures Limited is a licensed and registered exporter in Nigeria, when you check through NEPC website, you will see our company's name amist the registered exporters in Nigeria, we export Agro Products like cashew nut, seasame seed, moringa seed, cow horn etc in tonnes to different part of the world like India, China, UK etc.

Les than 48 hours

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