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Nairaland Forum / Nairaland / General / Business / Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US (15226 Views)
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Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by plaindealer: 11:30pm On Mar 25, 2021 |
17 Likes 2 Shares
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Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by NwaNimo1(m): 11:32pm On Mar 25, 2021 |
13 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Nuzo1(m): 11:33pm On Mar 25, 2021 |
Ol boy, this is by no means near a good news. Serious countries left extractive industry centuries ago. Migrated to industrial production, then hitech production. But here we are still talking about selling raw cocoa for almost free. You export a raw bag of cocoa at N20,000. White man refines it at the cost of N10,000. Sells the byproducts (cocoa drink, chocolate etc) at N200,000. White man makes N170,000 profit from your N20,000 years of sweat. Extractive production impoverishs a nation. As a matter of urgency, we must learn to add value to our raw materials, be it gold, diamond, crude oil or cash crops like cocoa and cotton. 197 Likes 22 Shares |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by adadike(f): 11:40pm On Mar 25, 2021 |
Odiegwu! |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Sirjamo: 11:50pm On Mar 25, 2021 |
If this raw material can be processed in Nigeria, it would create thousands of jobs and put money in people's pockets. 37 Likes 2 Shares |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by optionalY09: 11:51pm On Mar 25, 2021 |
So Bleep what, We say no to 1999 constitution #yorubanation 1 Like |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by plaindealer: 12:00am On Mar 26, 2021 |
They keep telling us that ports outside Lagos are neglected and not functional, but huge ships are sailing in and out of Eastern ports, even shi[ppers shipping cocoa from the SW are taking advantage of Eastern ports. I'd love to see shippers from other parts of Nigeria to start looking beyond Lagos ports 11 Likes 1 Share |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by laiperi: 12:11am On Mar 26, 2021 |
The President of Ghana recently gave the Swiss a lecture on that. Nuzo1: 9 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by plaindealer: 12:18am On Mar 26, 2021 |
Sirjamo: Some young Nigerian entrepreneurs are processing and turning cocoa into profitable chocolate treats. https://www.youtube.com/watch?v=ADM9YtNzusM 9 Likes 3 Shares
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Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Nobody: 1:29am On Mar 26, 2021 |
SW x SS connection. Both region will be the economy power of Africa 7 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by karzyharsky(m): 4:40am On Mar 26, 2021 |
Good |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by qualityovenbake(m): 4:41am On Mar 26, 2021 |
Nice, crude oil dependency will soon reduce. |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Seniorwriter(m): 4:42am On Mar 26, 2021 |
Industrous but not Technology Oriented. Why not go into production of the bi-products of cocoa ? That'll will be more profiting in my opinion!!! Nowadays SMARTWORK with TECHIE INPUTS is the way to go. Proactivity Leads To Productivity!!!! @SeniorWriter 3 Likes 2 Shares |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by omoyankee3(m): 4:42am On Mar 26, 2021 |
nice one 1 Like |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by redcliff: 4:42am On Mar 26, 2021 |
and Buhari's photo is there once again, implying that he is the facilitator of this. Useless Nigerians, you would still suffer for another 500years.. yeye people. 6 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by omonla555: 5:00am On Mar 26, 2021 |
SuperBold: How? |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Tannhauser(m): 5:07am On Mar 26, 2021 |
omonla555: 1 Like |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by dabeto: 5:08am On Mar 26, 2021 |
Nuzo1:Correct! Ayade has set up a chocolate plant to process the cocoa beans. I am surprised this quantity of coacoa was available for export. The state needs more processing plants. 8 Likes 1 Share |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Tannhauser(m): 5:16am On Mar 26, 2021 |
The whites have been ripping Africa and Africans off for centuries and they are still doing it, with the connivance of worthles African leaders which they put in place. How on earth do countries who don't have gold, cocoa, coffee etc. determine the prices at which those things should sold? 8 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Judybash93(m): 5:27am On Mar 26, 2021 |
When you export raw materials, you export employment but when you import finished goods, you import unemployment. I know there's more to it but to a large extent, it is what it is 8 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by mimilogs: 5:34am On Mar 26, 2021 |
Good news. Good news. 1 Like |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by INCREDIBLE007(m): 5:47am On Mar 26, 2021 |
good to know that the port in calabar is working |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Nobody: 5:51am On Mar 26, 2021 |
[quote author=plaindealer post=100216012][/quote Just a lie. US won't take cocoa seed from Nigeria. Cocoa that is not from a managed forest goes to Asia. Secondly, this is a huge shame. No value addition, nothing. So sad that the pathetic government are in support of this. |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by shegsrules(m): 5:54am On Mar 26, 2021 |
Why can't we set up factories to refine such products and the excess we export including our own refined products. But no way, FGN policies and tax go cripple the whole factories 4 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Nobody: 5:56am On Mar 26, 2021 |
Wow... This is a very short article. But you know what? It is quite informative. I just found out a couple of things that I didn't quite know initially. 1 Like |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Raxxye(m): 6:02am On Mar 26, 2021 |
Why is Buhari's picture showing in that story? 4 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by martineverest(m): 6:03am On Mar 26, 2021 |
Sirjamo:how many Nigerians eat chocolate compared to the western countries?....it's better being exported as people of western countries prefer their own brand of chocolate.. especially Swiss,Belgian or Italian chocolate 9 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Unified07: 6:11am On Mar 26, 2021 |
Nuzo1:tell me how you gonna feed or get food if every nation left extractive minerals or primary goods, reason before talking don't just talk because u wanna appear sophisticated 5 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by SmartyPants(m): 6:13am On Mar 26, 2021 |
Nuzo1: At the macro level its not great but lets learn to walk before we try to run. The urgent need in the economy is diversification. From there we can jump to refinement. 9 Likes 1 Share |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by Duplexxx: 6:13am On Mar 26, 2021 |
Good 2 Likes 1 Share |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by SmartyPants(m): 6:16am On Mar 26, 2021 |
Tannhauser: It's largely a buyer's market. If you don't sell to them, someone else will. 5 Likes |
Re: Nigerian Exporter Ships 7,000 Metric Tonnes Of Coca Bean To US by OnlyDeCapPlease(m): 6:32am On Mar 26, 2021 |
Nuzo1: It's better than doing nothing 5 Likes |
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