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Tin Can Records 150% Increase In Agro Exports - Business - Nairaland

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Tin Can Records 150% Increase In Agro Exports by Truth234: 4:33am On Jan 03
A total of 161,285.72 metric tonnes of agricultural products were exported through Tin Can Island Port in 2017, representing over 150 per cent increase from the 55,000 metric tonnes processed through the port in 2016.

The Area Controller, Nigeria Customs Service, Tin Can Island Port Command, Yusuf Bashar, who disclosed this, said that cocoa topped the list of commodities exported through the port last year.

Bashar listed other exported commodities to include pepper, soybean, rubber, milk, frozen shrimps, hibiscus flowers and ginger, among others.

According to him, cocoa bean, which was the highest exported agricultural product through the port last year, recorded 33,294 metric tonnes followed by sesame seed and rubber, which recorded 15,189.78 and 15,072.84 metric tonnes, respectively.

The Deputy Controller of Customs in charge of Exports, Audu Ochuma, attributed the feat to increased participation in agricultural activities, adding that exportation required more meticulousness than importation.

Ochuma expressed optimism that the volume of Nigerian export of agricultural products would increase in 2018 because of the various incentives and encouragement from the Federal Government.

He said, “Over 5,000 duty-free commodities and items can be exported to the United States of America under the African Growth and Opportunity Act.

“A United States embassy official had advised us at a function that Nigeria should concentrate on agricultural products and other specific areas outside technology, as we have a better advantage with the former than the latter.

“For instance, if we pursue exporting made-in-Nigeria radio, television and other household electronics, the tendencies are that we won’t meet the standards required by the advanced countries for now. So it’s better we focus more on areas where we are better off than them.”

Under the Economic Community of West African States’ Trade Liberalisation Scheme, Ochuma said Nigeria had been exporting alcoholic beverages, milk and other finished products to neighbouring countries, taking advantage of the zero duty regime.

He added that Nigeria stood a chance to benefit more from other African countries like South Africa that made over $300m from exports to the US alone.

http://investorsking.com/tin-can-records-150-increase-agro-exports/

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Re: Tin Can Records 150% Increase In Agro Exports by ckmayoca: 7:03am On Jan 03
good news if true

1 Like

Re: Tin Can Records 150% Increase In Agro Exports by NaoSlay: 7:33am On Jan 03
GOD BLESS PRESIDENT MUHAMMADU BUHARI.

The way he has taken the agriculture section by storm is unprecedented in this country.

33 Likes 6 Shares

Re: Tin Can Records 150% Increase In Agro Exports by free2ryhme: 7:33am On Jan 03
congrats to Tin Can

1 Like

Re: Tin Can Records 150% Increase In Agro Exports by teemanbastos(m): 7:34am On Jan 03
God bless those working together for Nigeria's Good.
God bless Nigeria.

Meanwhile I believe Nigeria will pass the quarterfinals of the 2018 world cup.
Hit like if you agree

19 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by spartan50(m): 7:37am On Jan 03
Continue to lie.. Cos we know say na propaganda... 2019 don reach let the lies continue

1 Like 5 Shares

Re: Tin Can Records 150% Increase In Agro Exports by mayskit4luv(m): 7:37am On Jan 03
Kk
Re: Tin Can Records 150% Increase In Agro Exports by daryoor(m): 7:38am On Jan 03
and then the rate od import must av increased by 150p%
Re: Tin Can Records 150% Increase In Agro Exports by fulanimafia: 7:38am On Jan 03
150% increase within a year is very impressive. Nigeria is full speed on the road to economic diversification as envisioned by PMB.

More exports = more agro dollars = stronger Naira + more robust economy.

Truth234:


Bashar listed other exported commodities to include pepper, soybean, rubber, milk, frozen shrimps, hibiscus flowers and ginger, among others.

According to him, cocoa bean, which was the highest exported agricultural product through the port last year, recorded 33,294 metric tonnes followed by sesame seed and rubber
, which recorded 15,189.78 and 15,072.84 metric tonnes, respectively.


No legendary ugwu leaves on the list shocked? We wee nor take it! grin

The regions behind Nigeria's economic revolution are now clearer.

16 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by NOETHNICITY(m): 7:38am On Jan 03
Not withstanding this administration's many errors, I still ve faith in PMB.
I know too well that development and growth is a process that doesn't just happen in one fell swoop.
If anybody can do it, it's definitely PMB

24 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by cyborg123(m): 7:40am On Jan 03
Good development.

7 Likes

Re: Tin Can Records 150% Increase In Agro Exports by Nobody: 7:42am On Jan 03
Said baba.
Wailers ,how market ?

11 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by Walelavender(m): 7:42am On Jan 03
Impressive! Our ears itch, for more good news

2 Likes

Re: Tin Can Records 150% Increase In Agro Exports by bablogee(m): 7:43am On Jan 03
I also believe we need to start adding values to our agricultural products to attract better prices rather than exporting them raw. Could you imagine that most of these exported agricultural products would be processed abroad and sold back to us at exorbitant prices.

5 Likes 2 Shares

Re: Tin Can Records 150% Increase In Agro Exports by zero8zero(m): 7:44am On Jan 03
Crude price increase, NSE index increase to Tin Can export increase. Back to back to back good news.

10 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by Aquariann: 7:47am On Jan 03
Just like Crude oil, we need to stop exporting raw cocoa.. The share variety of finished products from cocoa processing is enough to guarantee us a 50% increase in whatever revenue we're currently getting from exporting it raw.

5 Likes

Re: Tin Can Records 150% Increase In Agro Exports by gordii(m): 7:47am On Jan 03
“A United States embassy official had advised us at a function that Nigeria should concentrate on agricultural products and other specific areas outside technology, as we have a better advantage with the former than the latter.

This is very welcome. I've always seen it as a simple logic, when our economy was strongest, we were Mainly into export of Agriculturals, also it would be hard for us to match the developed countries in ICT and Medical fields....a lot of people now understand this and are going into farming (including even the guys that have made it big in oil). Oil should have made us a much stronger economy but because we neglected agriculture largely, and the corrupted leaders we've had it was more of a curse to us. Oil is controlled by only a select few, it will be hard for that to happen in Agriculture. If we can at least match the import of hi tech commodities with export of agricultural products, our naira (and maybe our economy as a whole) will greatly improve.

http://investorsking.com/tin-can-records-150-increase-agro-exports/[/quote]

5 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by yashau(m): 7:47am On Jan 03
good for our economy,
may God bless Nigeria
may God bless Pmb
may God bless supporter of a better Nigeria
and may God Nigerian's

6 Likes

Re: Tin Can Records 150% Increase In Agro Exports by omowolewa: 7:47am On Jan 03
Kudos to the drivers of that achievement

More to be done as insecurity remains a threat. Thank God for good climates

4 Likes

Re: Tin Can Records 150% Increase In Agro Exports by hardywaltz(m): 7:48am On Jan 03
Sai Baba

4 Likes

Re: Tin Can Records 150% Increase In Agro Exports by Ventura1: 7:48am On Jan 03
bablogee:
I also believe we need to start adding values to our agricultural products to attract better prices rather than exporting them raw. Could you imagine that most of these exported agricultural products would be processed abroad and sold back to us at exorbitant prices.
Everybody knows that, you can also start something in that regard. We should move away from just giving advice and complaining to acting on them.

1 Like 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by SalamRushdie: 7:51am On Jan 03
Coming from govt known for lying I would advise we all take this news with a pinch of salt till we hear it from a more independent assessor.

1 Like 5 Shares

Re: Tin Can Records 150% Increase In Agro Exports by BruncleZuma: 7:52am On Jan 03
grin grin grin grin

2019 is the year to vote with your brain not your ear... Abracadabra no hard APC.

https://data.worldbank.org/country/nigeria

1 Share

Re: Tin Can Records 150% Increase In Agro Exports by omenkaLives(m): 7:53am On Jan 03
Waiting on Reno O'mockery to come tell his empty headed pigs what a lie this is.

5 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by Nasir123(m): 7:53am On Jan 03
For those of us who believe in this country, we believe Nigeria is heading in the right direction.
We believe that the issues/problem she must be facing right now, is as a result of her growth.
Gradually gradually, we are getting there.
With the commitment/discipline of all her citizenry, we must get there.

God bless the president.
God bless Nigeria.

10 Likes

Re: Tin Can Records 150% Increase In Agro Exports by Edopesin(m): 7:53am On Jan 03
Good Development But At The End Of The Day, All Na Paper Work
Re: Tin Can Records 150% Increase In Agro Exports by tigerclaws: 7:55am On Jan 03
omenkaLives:
Waiting on Reno O'mockery to come tell his empty headed pigs what a lie this is.

shutup Benue people are packing out and dying you're here talking Nonsense
you no dey shame?
grow up dude
or better find some love cheesy
Re: Tin Can Records 150% Increase In Agro Exports by LionDeLeo: 7:56am On Jan 03
Ugwu exporters are pained.

6 Likes

Re: Tin Can Records 150% Increase In Agro Exports by usba: 7:57am On Jan 03
SalamRushdie:
Coming from govt known for lying I would advise we all take this news with a pinch of salt till we hear it from a more independent assessor.
e pain am wella

10 Likes

Re: Tin Can Records 150% Increase In Agro Exports by LionDeLeo: 8:00am On Jan 03
usba:
e pain am wella
The thing over pain am. Make I follow laff jare.

11 Likes 1 Share

Re: Tin Can Records 150% Increase In Agro Exports by marvin902(m): 8:02am On Jan 03
nice news..
buh whats happening to groundnut exports or we dont export anymore undecided undecided
Re: Tin Can Records 150% Increase In Agro Exports by brainpulse: 8:03am On Jan 03
SalamRushdie:
Coming from govt known for lying I would advise we all take this news with a pinch of salt till we hear it from a more independent assessor.
Reno Omokri the good news pain you because you are enemy to Nigerian good news. Your wailing shall be much this year.

6 Likes 1 Share

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