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Nairaland Forum / Nairaland / General / Agriculture / Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> (9760 Views)
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Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by pzworld: 7:40am On Nov 04, 2014 |
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Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by condralbede(m): 7:42am On Nov 04, 2014 |
GeneralShepherd:You are person Broo....#Fixed |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by uzolexis(f): 7:43am On Nov 04, 2014 |
We r exporting cocoa n importing chocolate |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by PROCTOR: 7:48am On Nov 04, 2014 |
Who told you they know mathematics |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by latolak(m): 7:50am On Nov 04, 2014 |
$10 billion is a lot of money for any economy. If this is true, there should be obvious benefits. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by iamord(m): 7:52am On Nov 04, 2014 |
rudedough: To succeed at this we need to bring the culture of eating chocolate..for such a market to be successful. Nigeria, cote diviore , ghana are cocoa producing nations and not chocolate eating nations . The average African man seeks quantity and less of quality.. Why buy 300 naira chocolate when he can buy beta eba swallow and kpomo for that price #black man mentality |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by gidjah(m): 7:54am On Nov 04, 2014 |
DO WE STILL have cocoa in this country? |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by iamord(m): 7:54am On Nov 04, 2014 |
uzolexis: We don't have a chocolate market here!! The same we have gold but not the jewelry market. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by Glock9(m): 7:54am On Nov 04, 2014 |
One will have to wonder what the composition of the export is. Who are the major producers/exporters of cocoa in the country? How is this estimated as the value alone is over 30% of the annual budget. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by iamord(m): 7:56am On Nov 04, 2014 |
latolak:That's why its a lie.. If it were as easy as that. Am going to take over my grand pa acres of cocoa farm |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by Nobody: 8:01am On Nov 04, 2014 |
While kleptos pockets d returns! |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by delvinmaya(m): 8:10am On Nov 04, 2014 |
Chai, this explains a lot about people on this forum! So y'all just read the topics and comment without reading the content? Despite all attempts by @perep to correct the op, people still ask where the money is, indeed ignorance is a terrible thing. 3 Likes |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by ddeola: 8:12am On Nov 04, 2014 |
And where does the money go ? |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by philips70(m): 8:13am On Nov 04, 2014 |
[s]Olusegun Aganga, the minister of industry, trade and investment, has disclosed that the total value of exporting raw cocoa from Nigeria is approximately $10 billion a year. He reiterated the commitment of the country to expand the commodity’s production for additional foreign earnings. Aganga, who said this at the just concluded cocoa summit 2014 in Abuja, noted that with the planned repositioning efforts of the present administration, the country would extract immense value out of the cocoa industry. According to him, the Federal Government would not relent in the implementation of expansion projects for cocoa processing and manufacturing in the country to claim a greater share of the annual $200 billion global market for finished goods made from cocoa. “The total global value of exporting raw cocoa is approximately $10 billion a year; the total value from chocolates alone, all made from cocoa, is over $100 billion a year, while the total value of all finished goods made from cocoa is estimated to be as high as $200 billion a year, all drawing from the same $10 billion raw cocoa beans produced. “With the situation today, about 76 percent of total cocoa produced is from Africa, but less than five percent of the wealth in the value chain is retained here. After many decades of dominating cocoa production, it is worrying that we still remain price takers, and capture so little value. This is not right, and this is what we have set out to change”, he said. Aganga said with the expansion of cocoa processing and manufacturing capacity, government was set to retain more of the value of the cocoa industry in Nigeria, create jobs and wealth for citizens and generate income for government.[/s] [b]And these are the type of people TAN parades on Nairaland. They come here to deceive gullible Nigerians daily about some invisible achievements of a lying government. Atlwireless and his co-travellers are just shameless people. And to think that a MOD brought this to front page without seeing the contradiction in information is really really absurd and shows Nairaland to be very unserious. How much is Nigeria's 2014 budget? These are the kind of lies they have been governing us with for the past 5 years. Ngozi Okonjo-Iweala is their chief liar-in-state. All for 2015. If Nigeria even have all non-oil export of $10b yearly Asari Dokubo and Tompolo would not be in existence by now. Either they be dead or locked far away where they will not have the audacity to threaten a sitting president the way Asari does every media house he goes. This post is a shame to atlwireless, shame to the MOD who brought it to front page, shame to seun, owner of Nairaland and shame to us all if we do not resist it.[/b] 1 Like |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by SexyRihanna(f): 8:16am On Nov 04, 2014 |
but where are they taking all the money to cos i cant see them |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by manutdadex(m): 8:20am On Nov 04, 2014 |
Ochiske:cocoa is nt petroleum or any oda natural resources dat d money wil go to the federation accout but a farm produce, d money goes to d farmers n every oda person involve in d biz...and read d post b4 u reply nt d tittle. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by PassingShot(m): 8:23am On Nov 04, 2014 |
GeneralShepherd: Misleading title! The key word missed by the OP is "global". "The total global value of exporting raw cocoa is approximately $10 billion a year; the total value from chocolates alone, all made from cocoa, is over $100 billion a year, while the total value of all finished goods made from cocoa is estimated to be as high as $200 billion a year, all drawing from the same $10 billion raw cocoa beans produced". |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by daryoor(m): 8:24am On Nov 04, 2014 |
he said the have a "repositioning plan". if our plans ever matched reality Nigeria would be like America. we always have flawless plan but when it comes to execution.. ofo |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by PassingShot(m): 8:25am On Nov 04, 2014 |
Glock9: Misleading title! The key word missed by the OP is "global". "The total global value of exporting raw cocoa is approximately $10 billion a year; the total value from chocolates alone, all made from cocoa, is over $100 billion a year, while the total value of all finished goods made from cocoa is estimated to be as high as $200 billion a year, all drawing from the same $10 billion raw cocoa beans produced". |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by PassingShot(m): 8:27am On Nov 04, 2014 |
osystein: Misleading title! The key word missed by the OP is "global". "The total global value of exporting raw cocoa is approximately $10 billion a year; the total value from chocolates alone, all made from cocoa, is over $100 billion a year, while the total value of all finished goods made from cocoa is estimated to be as high as $200 billion a year, all drawing from the same $10 billion raw cocoa beans produced". |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by iaatmguy(m): 8:33am On Nov 04, 2014 |
GeneralShepherd: |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by musicwriter(m): 8:41am On Nov 04, 2014 |
If only we can embrace science to learn how to use what we have to get what we want, there would've been no need to export cheap raw cocoa but produce chocolate e.t.c and ship them out to Europe and America at expensive price. That's where the real profit is. Now, we have to wait for this same cocoa to be shipped back to us at expensive price in the form of chocolate. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by Nobody: 8:41am On Nov 04, 2014 |
gidjah:over 90% of it in Ekiti and Ondo. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by sterling247: 8:43am On Nov 04, 2014 |
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Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by PassingShot(m): 8:59am On Nov 04, 2014 |
THE RATE AT WHICH MISLEADING, UNVERIFIED AND FAKE NEWS HIT THE FRONT PAGE OF NAIRALAND NOWADAYS SHOULD BE WORRYING TO PATRIOTIC NIGERIANS IRRESPECTIVE OF THEIR POLITICAL LEANING. MOD OR SEUN, BE BOLD AND REMOVE THIS TOPIC FROM THE FP. AT THE LEAST, RE-WORD THE TITLE AS IT IS VERY VERY MISLEADING. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by Orikinla(m): 9:36am On Nov 04, 2014 |
[size=18pt]Nigeria does not export US$10 billion raw cocoa annually. That is the annual global value and not that of Nigeria. “Nigeria is the world’s 4th largest producer and exporter of cocoa. Around the world, 5 million to 6 million cocoa farmers—and 40 million to 50 million people total—depend on cocoa for their livelihood. The World Cocoa Foundation (WCF), which provided these estimates, puts annual cocoa production worldwide at 3.8 million tons valued at $11.8 billion. For the past century, demand has grown 3 percent per year. Top 10 cocoa producing countries Dominican Republic – 54,279 tons Peru – 56,500 tons Togo – 100,000 tons Equador – 224,163 tons Brazil – 248,524 tons Cameroon – 272,000 tons Nigeria – 400,000 tons Ghana – 700,020 tons Indonesia – 712,200 tons Ivory Coast – 1,559,441 tons Read more: http://www.seriousrankings.com/cocoa-producing-countries/#ixzz3I5R5TSX1[/size] |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by Lesgupnigeria(m): 9:56am On Nov 04, 2014 |
Thats always my problem with the Nigeria Economy. Why cant we add value to this raw cocoa to create employment oppprtunities for nigeria and grow the economy. By exporting raw cocoa to the outside world,we are not only providing employment for other country but diminishing our economy. Check my articles in the agric section on how to make money and change your level fast from starting an agribusiness in the multi- billion naira industry. |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by oyeludef(m): 10:10am On Nov 04, 2014 |
Our oil based economy needs to be diversified nd only people with brain can see reasons to do dis. Talking of brain, imagine some1 having beauty along side brain. Vote nabsprada for miss nairaland 2014, vote beauty plus brain |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by aslan(m): 12:30pm On Nov 04, 2014 |
na for where them plant am? where all the money go? rubbish nigerian government. they can say millions on tv but they can never show it in our economy! crappy people! |
Re: Nigeria Exports $10bn Raw Cocoa Annually <<FALSE>> by aslan(m): 12:34pm On Nov 04, 2014 |
Adminisher:abi now! even samsung will have to sell twenty million galaxy S4s at five hundred dollars to make that kind of money! liars! they are saying it as if people eat raw cocoa everyday! |
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