₦airaland Forum

omenka: I thought you were better than this...
Smh.

I don't get your point.

Manazz: Look at this guy! Do you even live in the US?

So, what's your point?

Lucasbalo: Stay put in your warri because you don't know didly square about American politics and that's why you are spouting tripe about Republican President.

You probably think, you are the only person that lived in the United States before, I will stay put in my Warri, as you enjoy your murder capital Chicago.

Symphony007: answer the question. Your incompetent lord and master jonathan has sat back while thousands of nigerians are killed, has he even met with any of the deceased family members? Has he even made a one second speech acknowledging their loss?...pres. Obama made a speech acknowledging the death of james foley and now a bombing campaign against isis is on going. What more do you expect? He should go into mourning and start wailing? FOOL...you can't wait for the next republican? Who was the republican who sat in a classroom in florida reading kiddies book while 3,000 americans where being slaughtered at the world trade center,pentagon,etc, which republican flew over new orleans stareing down while thousands die and thousand more suffer in penury. Is it not that same republican george w. Bush that ivaded iraq on a lie and has now made it a safe heaven for isis? Just like on nigerian affairs you are an airhead of foreign affairs and should shut your mouth. Closet muslim indeed, what next will you say, he was not born in america? Your beloved republicans who control the house of reps are on vacation! Why has'nt john boehner called them back to washington, NO! They sit back enjoying ill gotten vacation after working less than 100 days all year long and have the gaul to criticize the president. Plonker!!

You are too dumb to even use your contaminated brain. Yes, the world needs a Republican president in the American white house, now go hang your miserable soul. By the way, Obama will not last one month as the president of Nigeria.

By Emem Akpan
Multinational conglomerate Stallion group has rolled out light commercial vehicles and buses at its new state-of-the-art assembly plant in Lagos State.
The Stallion vehicles were built from completely-knocked-down components and designed for Nigerian roads. They will be available soon in their dealerships nationwide, Stallion Group Chairman, Mr. Suril Vaswani, said, yesterday.

induction of the leading auto brand is crucial to the National Automotive Industry Development Plan, which, essentially, seeks to position Nigeria among world class industrial economies and has been successfully achieved in other emerging countries.

“We have integrated many proven metrics into this frame work and we are mindful of the six stages of development for a brand, each equating to a different marketing priority, starting with creating basic awareness and concluding with building customer loyalty”,Vaswani reasoned.
He added that the Stallion’s initiative is an integrated vehicle manufacturing frame work that enables Stallion Group to produce high quality vehicles from knocked down components and with a view to ultimately grow into full fledge local manufacturing industries.
An introductory price of N2.45million has meanwhile been introduced for Stallion Force LE (double cabin 4×4 pick-up) and N2.95million for Stallion Force SE pick-up while 16-seater Stallion Citibus is being introduced atN3.95million.

Other Stallion made buses are Stallion Civicbus 29+1seater priced at N8.45m, Stallion Contibus 40+1 seater at N10.95m and Stallion Country bus available from 42 to 66 seater. The starting price of Stallion Country bus is N12.45m.
Vaswani is convinced that the population of Nigeria supports half a million vehicles annually, which is more than sufficient to sustain an emerging automotive industry. Stallion vehicles, according to the company, are competitively priced to enable every potential buyer to purchase and own a vehicle. The Stallion vehicle plant is coming on the heels of similar plants owned by the group, VON Automobile, Stallion Nissan Motors Nigeria and Hyundai Motors Nigeria plant.

“These plants have created significant employment to stimulate industrial clusters such as original equipment manufacturers that includes steel plants, glass manufacturers, after market shops and transportation service providers which would lead to job creation and contribute significantly to the GDP,”the company said.

- See more at: http://www.vanguardngr.com/2014/08/stallion-rolls-vehicles-built-nigerian-roads/#sthash.fHAs66Hx.dpuf

EasternLeopard: If that is the case

We are doomed

Because it shows that they will also loot money meant for infrastructural development


Pls help me put my Ghana must go bag on my head. Am relocating to Ghana

That's correct, this's one of major reason, the Chinese loans are going to Chinese construction companies only. The project are guaranteed to be delivered.

kokoA: GEJ also went to dance skelewu a day after over 170 innocent nigerians were blown into pieces and over 200 girls were forcefully taken away from their hostels.. Will he go down as the worst Nigerian president in history to?

Elections will make that determination. Watch the democrats get massacred like your APC, come Nov 2014 and Feb 2015. GEJ is heading for a landslide victory come 2015, there lies the differences. APC and their supporters hate jonah, that's where it stops.. Even democrats don't want to be on the same podium with Obama. Nigerians understand the under current of Boko haram. Why did Obama leave ISIS to overrun two countries with American hardware.

EasternLeopard: Sometimes Government must go into business with the intention to privatise it

That was how japan got to her present position

The japanese govt built industries which they later privatised. It was from them other nations copied this ideal

Eg if Imo state wants to achieve rapid industralisation, the state govt must build industries with the intention to privatise it

If she waits for foreign industrialists, she might not see any in years to come.

For your information

Foreign industralists like investing in an already existing industry than start from the scratch

Eg Heineken was quick to invest in Nigerian Brewery and Consolidated Brewery which have already existing factories than build one from the scratch.

Ask yourself why didn't they build from the scratch.

Nigeria governments, both state and federal, have proven beyond the shadow of any doubt, that , they cannot start business, then privatise it, without the tax payers not getting duped.

ISIS beheads an American, Obama makes a 5mins speech, he then returns to play golf. Cannot wait for next Republican president. God bless America. This closet Muslim, will go down in history as the worse American President ever.

^^^^ look for a coloring book, there are pictures there.

Consumer potential: Three Nigerian city clusters to compete with Lagos

Nigeria’s retail and wholesale trade industry has the potential to grow by 7.1% per year, and by 2030 could be the largest contributor to the country’s GDP, according to recent report by McKinsey Global Institute. Sales of packaged food and beverages are expected to grow by 6.8% a year, contributing around 85% of the growth in consumer goods.

The report, Nigeria’s renewal: Delivering inclusive growth in Africa’s largest economy, estimates that demand for consumer goods could more than triple by 2030. The largest economy in Africa is seeing a rising consumer class, creating a notable opportunity for manufacturers and retailers of fast-moving consumer goods such as food, beverages and personal and health products. Currently consumption is estimated at US$388bn a year but is expected to rise to $1.4tr in 2030, with 35m households earning over $7,500 a year.
“Based on data from other economies on how consumption changes with rising incomes, we see demand in Nigeria poised to accelerate in such categories as fruit juices,” illustrates the report.
“Capturing emerging consumer demand, however, will require smart choices about where, when, and how to enter Nigerian markets. It will also require specific capabilities that international companies especially may need to develop.”
One strategy for consumer facing companies in Nigeria is to adopt a city and regional approach, as opposed to a nationwide approach where distinct differences in culture, demographics and wealth exist. While Lagos, with an estimate of 15m residents, may be the go-to city for companies targeting consumers, McKinsey suggests three regional clusters of cities that together produce sizable populations to rival Lagos.
“Companies playing in all three of these clusters could target 20% more households earning above $7,500 than in Lagos,” notes the research.
A six city cluster around the Niger Delta in the southeast
Port Harcourt, Warri, Benin City, Aba, Enugu and Onitsha make up the six city southeast cluster. Its proximity to oil wells has led the region to be a hub of activity for oil companies and foreign investment.
According to the report, total GDP in this cluster alone is $63bn, which is a close rival to Lagos’s GDP of $68bn, despite having far fewer households. Both Port Harcourt and Aba have considerably higher consumption per capita than Lagos. Port Harcourt, followed by Benin City, Onitsha and Aba have the largest populations within the cluster.
Companies looking to target the luxury segment might want to especially consider Port Harcourt, the capital of Rivers State, which has the highest consumption per capita in the country ($6,843 in 2013). The city has one of the largest consuming middle classes in Nigeria with household incomes between $20,000 and $70,000 a year. It has access to two of the country’s busier ports and is home to the Port Harcourt Airport.
Ibadan, Ogbomosho and Ilorin, just north of Lagos
These three cities are within close proximity to Lagos. Ibadan (the capital of Oyo State) is the second largest city after Lagos, and has a fast-growing consumer market. While Lagos has over four times the number of households as Ibadan, consumption per capita of Ibadan in 2013 was $4,562, rivalling Lagos’s $4,710. Ibadan also has a large emerging consumer class with annual household incomes of between $7,500 and $20,000, and one of the larger consuming middle classes in the country with incomes between $20,000 and $70,000 a year.
According to a recent African Development Bank (AfDB) report, Tracking Africa’s Progress in Figures, Ibadan is one of the top 10 fastest growing cities in Africa.
Northern corridor cluster of Kano, Zaria and Kaduna
This cluster holds potential for consumer businesses looking for sizable populations in northern Nigeria. Kano is the fourth largest city in Nigeria, and Kaduna the seventh biggest.
This year, South African retailer Shoprite launched its first outlet in Kano, while Massmart opened a Game store just before June. Despite the potential security risk posed by Islamic militants in the region, Massmart’s Africa director Mark Turner said at the Reuters Africa Summit in April: “I always want to be bold enough to say, you can’t be in Nigeria without being in Kano.

http://www.howwemadeitinafrica.com/consumer-potential-three-nigerian-city-clusters-to-compete-with-lagos/

Review By Dr. Emmanuel Uduaghan
DELTA State, also known as ‘Finger of God’ will be celebrating its 23 rd anniversary, Wednesday, August 27, just like the other states created same date in 1991 by former military President, General Ibrahim Babaginda (retd.) Dr. Emmanuel Eweta Uduaghan, who is the third civilian governor of the oil-rich state, spoke to Saturday Vanguard on the state before it was created, what he met on ground on assumption of office in 2007 and what he has done to reposition it. Dr. Emmanuel Uduaghan spoke with Emma Amaize. Excerpts:


Where were you when Delta state was created from the defunct Bendel state in 1991 and what was your feeling then as a Bendelite?

When the state was created, I was still in the private sector. I was working in the private sector in Warri. We were proud to call ourselves Bendelites at that time. It was one state in Nigeria that was well known for many things. But there was still agitation for more states because of the developmental advantage that comes with the creation of states. However, the joy associated with the creation of state was not full across the state at that time because of the location of the state capital.

While some were happy with the location of the state capital; others were not. There were mixed feelings on the creation of Delta State. For me, really, what was important at that time was that a state had been created and hopefully, it would give opportunity for the Delta part of Bendel to develop faster than the way it was going.

What was the position of things in Delta before you assumed office as governor?

It had a challenge of ethnic disharmony. It was the biggest challenge then. There was a lot of disharmony among the various ethnic groups. So much so that it even led to inter-ethnic crisis, especially in the Southern part where the Itsekiri, Ijaw, Urhobo are domiciled. That was actually the biggest challenge apart from the developmental issues.

It was a big problem and one of the problems I had to tackle as a governor. I think that as at today, there is a better relationship among the various ethnic groups, there is less suspicion now, not that it is no longer there, it is still there, but the various ethnic groups tolerate each other better now than before.

So what have you done to position that state for the future as governor?

Well, what I have tried to do really is to see how to deal with the economic challenges of Delta. Yes, Delta is an oil producing state but the oil itself is not a commodity that can sustain an economy for such a long period, especially as many countries that depend on oil are using other sources of energy. We have to look at other areas.

That was why we have come up with a developmental strategy that we call Delta Beyond Oil. We are looking at other areas of the economy. We are looking at agriculture, tourism, manufacturing, etc, such that in a few years, Delta will not just be an oil producing state, but will also be a state that has the biggest agricultural activity in Nigeria, the best tourist destination and those things.

Some people have been assessing your administration ahead the 23rd anniversary of the state and it has a mixed bag, what does Uduaghan say about his footprints?

You have ups and downs in any anniversary, whether birthday, weddings, state creation, there are usually mixed feelings because there are good sides and bad sides in any period of life. We have had our bad sides in the last seven years, in actual fact, since the creation of the state.
I think one of the bad sides is the ethic disharmony that had led to crisis, eh, also in the last seven years, we had the Niger Delta crisis, which was the fallout of the neglect of the region, leading to kidnapping and all that, but we are dealing with all those ones. But we are indeed, virtually overcoming them and we are on the positive side. On the positive side, a lot has happened especially in terms of peace. We have been able to attain a level of peace. The state is freer than it used to be. The negative news we used to have as a state is basically gone.
Economic activities are springing up, infrastructure are being developed. Major infrastructure in the area of roads, airport, power are being developed, even the social infrastructure like education are being touched. Our schools have been given a new look, our hospitals have been improved; our transport system has been rejuvenated and it is currently the best in this country. We have subsidized transport fares of our buses. We are shouldering 50 per cent of the cost and water is becoming more available.

So we have developed a lot of infrastructure. Our health care service is the most robust in the country today, of course you know there is free healthcare for Under 5-year-old children and pregnant women. Our micro-credit scheme has been adjudged worldwide as a programme that is bringing hope to many families in Delta and our recent outing with Central Bank has testified that we are number one state in Nigeria in terms of using micro credit scheme as a low hanging fruit for our people. So a lot has happened in this administration and there is still room for a lot more to be done. That is where we have the mixed feelings, but a lot has happened positively.

What is your advice to the various ethnic groups as the state trudges on?

My advice to them is let us live in harmony, there is no ethnic group that is more important than the other. Yes, some ethnic groups may have more population than the others, but we should respect ourselves, whether big or small population. This is because no matter how big or how small you are, you can make or unmake any system. My emergence as governor has also shown that anybody from any ethnic group can become the governor of the state and the state will move on very well. I want to thank the ethnic groups who have agreed to work together to move the state forward and I urge them to continue to work together to move the state forward. The harmony and relationship should be sustained.

- See more at: http://www.vanguardngr.com/2014/08/delta23-good-bad/#sthash.qwiOhaDQ.dpuf

Cocoamerchant will you now withdraw your comment. Osun state is not the number 2 producer of Cocoa. Cross rivers is, with about 60,000 tonnes.I seriously doubt if Osun's production exceeds that of Edo state.

http://businessdayonline.com/2014/07/farmers-delay-cocoa-export-from-c-rivers-on-extra-government-levies/

CocoaMerchant: [b]Uncle you can lie ooooooooo

Before you call me any name, know it to be true and be convinced beyond the shadow of any doubt, that you are correct. I don't do propaganda, I just state facts.

http://businessdayonline.com/2014/07/farmers-delay-cocoa-export-from-c-rivers-on-extra-government-levies/

CocoaMerchant: Uncle you can lie ooooooooo

The largest producer of Cocoa in Nigeria is Ondo State followed by Osun State

http://www.onlinenigeria.com/links/osunstateadv.asp?blurb=353

@OP

I think we we are all contributing to the development of this nation.

No one is useless.

People only come online to bullshit.

I hope this shall not turn to tribal magana shaaa.

Farmers delay cocoa export from C.Rivers on extra government levy
http://businessdayonline.com/2014/07/farmers-delay-cocoa-export-from-c-rivers-on-extra-government-levies



A disagreement over a levy imposed by the Cross Rivers state government has halted Cocoa shipments in the last week from the state.

Nigeria’s second-largest cocoa grower introduced a charge of N5,000 ($30.90) per tonne of cocoa on exporters who ship beans through ports other than the state’s Calabar seaport, which diminished its viability, a Reuters report credits a trade body as saying.

Godwin Ukwu, spokesman for the Cocoa Association of Nigeria, said on Wednesday about 500 tonnes of cocoa due for export were held over the week after the local government refused to comply with a court order that it discontinue the duty.

Taxes on exports including cocoa are usually collected by the federal government.

“The levy came into being in 2011 … but we went to court to challenge it and we got a judgment restraining the government from collecting the money,” Ukwu said, noting that shipments will resume once the levy is cancelled.

Officials from the state government were not immediately available to comment.

Cocoa exports from Cross Rivers are usually destined for Europe.

Abundant rain and sunshine in the two main cocoa areas of Ondo state and Cross Rivers last month have helped the crop but there are fears that a lack of sun may allow diseases to spread hurt bean quality.

Ukwu said the logjam could affect output this season as farmers approach the main crop with export delays. Nigeria typically produces around 250,000 tonnes every year. Official figures for 2013/2014 cocoa output have not yet been released.

Cross Rivers is the second-largest grower with annual volumes of around 60,000 tonnes, in the world’s fourth biggest cocoa producer.

The state aims to generate revenue through its seaport and compete with more established seaports in the commercial capital Lagos. Farmers said they paid around 300 million naira last year to the state government in levies.

omenka: I think that "food basket of the nation" is the Motto of Benue State. Now I don't know how much you know about that state, but I spent a coupla years in the state on deployment and I can tell you, of a truth, that Benue state is overrated when it comes to agro products. The cost of food is no different there than in Warri!!

Granted, it has enormous potential of attaining awesome heights in that regard given its vast arable lands, but presently, they are hugely under utilised.

Even the yams I spoke about earlier could be found in larger quantities in Nassarawa than Benue. I stand to be corrected though.

No doubt about Nassarawa, the state is a food producing machine

omenka: Are you sure the highlighted are not derived from the core North?? And I think the East produces a lot of cashew nuts too. And whenever people say "Aba made" I count it as a complement and a pointer to the fact that lots of finished consumer products are derived from there.

Taraba produces lots of ginger and southern kaduna produces lots of beans too. Even Nassrawa is not left out ... There are certain varies of beans produced in adamawa borno axis. Since boko haram, that whole area's farming is down. But the bottom line is, the so called food basket is north central Nigeria.

omenka: Some interesting points up there.

But fact remains that each region contributes substantially to the overall growth and well being of the country. The only region whose role I don't quite get is the North Central. But I understand Benue produces a lot of yams and cassava. I don't know about what Plateau, Nassarawa and Taraba states produce tho.

Majority of Northern farming is done in the North central. Beans, tomatoes, ginger, Onions, pepper, cashews,yams and today rice are produce mainly in Taraba, southern kaduna, plateau, Nassarwa, Parts of bauchi,kogi and benue.

Emerging trends in Nigeria’s non-oil exports


In spite of the late release of the Central Bank of Nigeria’s (CBN) 2012 Annual Report, the non-oil export data as contained therein have shown some emerging trends with regards to the top non-oil export firms, values of their exports, the types of goods exported, and the destinations of exports most especially when comparison is made between their 2012 and 2011 figures. The CBN always publishes the top 100 non-oil exporters in its annual report.

Pertaining to non-oil exporters, some of the firms which made the top 30 on the CBN list in 2011 have lost their positions as they have been replaced by other firms at the end of 2012 financial year. A company’s position on the CBN top 100 non-oil exporters list is determined by the worth of its export measured in US dollars ($). The firms that missed the top 30 positions in 2012 are Eleme Petrochemicals, Multi-Trex Integrated Foods Plc, Stanmark Cocoa Processing Ltd, Metal Recycling Industries Ltd, Nestle Nigeria Plc, RMM Global Company Ltd, Yara Commodities Ltd and Friesland Capina Wamco.

Furthermore, the combined revenue of the 2012 top 30 non-oil exporters dipped by 8 percent to $1.67bn as against $1.75 billion the 2011 top 30 league collectively realised. By implication, the share of the 2012 top 30 members in the overall export earnings fell to 77 percent as against 80 percent that the 2011 group recorded. The new entrants into the top 30 league are Notore Chemical Industries Ltd, Multitan Ltd, Everest Metal Nigeria Ltd, Dansa Food Processing Company, West African Rubber, Starlink Global and Ideal Ltd as well as Kimatrai Nigeria Ltd.

Surprisingly, Eleme Petrochemicals Company Limited which exported $75.7 million worth of goods in 2011 was completely absent on the list of the top 100 non-oil exporters in 2012. An analyst who did not want his name in print but is well familiar with the agriculture and agro-allied sector attributed that development to the on-going expansion in Indorama Eleme Petrochemicals. As noted in the Nigeria Dealbook H1, 2013, the company has sourced for $375 million from IFC, Bank of India, Belgian Company for Development, the Commonwealth Development Corporation, Germany’s DEG and the FMO of Netherland. It is believed that by the time the fund is fully utilized, the company will be a force to reckon with in its sector.

Metal Recycling Industries Ltd, which earned $14.8 million from non-oil exports in 2011 was also missing on the list in 2012, but no reason could be adduced as at the time of writing the report. Even though the following firms made more from export in 2012, the positions of RMM Global Company, Yara Commodities Ltd and Stanmark Cocoa Processing Ltd fell to 33rd, 34th and 37th in 2012 down from 26th, 27th and 21st respectively in 2011.

It was even more surprising that Multi-Trex Integrated Foods Plc, Friesland Capina Wamco and Nestle Plc had both the values of their exports as well as their positions decline on the table. In other words, Multi-Trex, Friesland Capina and Nestle were rated the 45th, 49th and 50th non-oil exporters in 2012 as against 15th, 30th and 24th positions respectively in 2011.

The collective earnings of firms with lower sales in 2012 despite making it on the list of top 30 non-oil exporters still dipped by $385m (N60bn). The sharp fall in their earnings demands attention from the Nigerian authorities. Observations made by the World Trade Organization’s (WTO) which were explicitly stated in WTO’s 2012 annual report should provide some hints as to why these firms experienced a decline in export revenue in 2012. The body states that issues relating to non-tariff measures (NTM) such as certification requirements, export inspection and obtaining export licenses/permits are factors that can impair a firm’s ability to effectively and efficiently explore international market. According to WTO “these three categories account for more than 60 percent of firm complaints about export related measures.” WTO team came about these three major factors based on their findings in 11 countries some of which share economic, social and political characteristics with Nigeria. In addition, since the destination countries are majorly in Europe, Nigerian searchlight should be beamed on SPS measures, standards and testing that most exporters to EU are confronted with.

The records of the new entrants into the top 30 non-oil export firms justify why they are there. Memuda Industries sold $82.3m worth of finished leather to Italy in 2012 to emerged the 4th biggest non-oil exporter compared with $10.6m worth of the same item it sold overseas in 2011 when it was rated the 32nd. Notore occupied the 11th position in 2012 for selling $45.5 million worth ammonia and fertilizers to Morocco and Uruguay whereas the same firm was rated 34th in 2011 when it sold just $10m worth of the same goods. Multitan’s export value rose to $36m in 2012 from a paltry $3m in 2011. For that reason, its position moved from 60th in 2011 to 13th in 2012.

Everest Metal Ltd is another firm that had a good outing in 2012 due to the threefold increase in its export value. It earned $33.7m in 2012 in contrast to $10m in 2011. Dansa Food Processing Ltd realised $32m in 2012 whereas Dangote Agrosacks Ltd, the only firm from Dangote Group on the table in 2011, realised just $0.39m. The earning realised by the West African Cotton Company Ltd jumped up by 219 percent, from $9.4m in 2011 to $29.8m in 2012.

Finished products and fully-processed produce earned the nation more foreign exchange in 2012. Sale of manufactured products especially textiles and other materials increased by 32 percent between 2011 and 2012. Apart from that, many of the firms that exported finished products performed better in 2012 fiscal year. The gainers are those whose 2012 export earnings surpassed 2011 earnings. On top of the gainers’ table was Mamuda which increased its export revenue by $72m by selling fished leather to Italy. In similar business are the West African Tannery Company Limited and Unique Leather Ltd. The former which outperformed 2011 revenue by $23m sold finished goat and sheep leather to Italy, India and China while the latter which surpassed the previous year’s earnings by $13m exported finished leather grades 1,2,3 and 4 to Italy.

Nigerian ginned cotton lint made its presence felt at the international market in 2012. Armajaro and the West African Cotton Ltd traded in this commodity just as both firms made the list of gainers in the top 30 non-oil exporters. In comparison with 2011 foreign earnings, Armajaro was better by $70m, though it also traded in cocoa bean while the WA Cotton Ltd which traded only in cotton lint increased its year-on-year earnings by $20m. The export destinations are Indonesia, Germany and Vietnam.

Fully fermented Nigerian cocoa beans posted good performance as it was a major exportable of Starlink Global Ltd which increased its earnings by $14m in 2012 when compared with 2011 figure. Notore Chemical Industries Ltd also garnered additional $35m in export earnings because it sold fully refrigerated anhydrous ammonia & fertilizer (urea granular) to Morocco and Uruguay.

Other produce and goods whose sales overseas earned the nation more foreign earnings are Gum Arabic, aluminium alloy ingot, remelted lead ingot, Nigerian sesame seeds and dried hibiscus flour. Dansa Food Processing Ltd’s revenue jumped up by $32m through the sale of Gum Arabic to France and Germany; Everest Metal traded in aluminium and lead ingots thereby realising additional $30m over 2011 earnings while AIS Trades and Industries Ltd raised its 2012 revenue by $11m through the sale of Maiduguri type sesame seeds and Nigerian dried hibiscus flour.

As said earlier, there are companies that made lesser revenue from export in 2012 compared with 2011 figures. On the flip side are Bolawole Enterprises, Olam Nigeria Ltd, Sun and Sand Industries, Imoniyame Holdings, Saro Agro Allied Ltd, Agro Traders Ltd, Rubber Estates Ltd, Fata Tanning and Tulip Cocoa Processing Nigeria Ltd. Others are MINL, Enghuat Industries, Atlantic Shrimpers and the West African Rubber Products. In monetary terms, Multi-Trex’s export value fell to $12m in 2012 from $34.9m in 2011. Friesland Wamco made $10.2m in 2012 compared with $10.9 million it realised in 2011 while Nestle’s export value dropped to $9.8 million in 2012 from $13.5 million in 2011. For companies like Friesland Wamco and Nestle, they could have decided to focus more on the growing home demand. Producing their products in smaller packs such as sachets lends credence to this. Another possible cause is that the dominance of these firms in their respective sectors is now being challenged by up-coming firms.

Inter-regional trade between Nigeria and other African countries seems to be growing, albeit slowly. Nigerian firms are also in the race to control markets in DR Congo, Sudan, Morocco, Egypt and South African. But jokes apart, the structure of the nation’s exports shows the level of our industrial development and the extent Nigerian exporting firms can play at the international market. If this continues for a while, Nigeria may not realise much from international trade until we begin to export heavy manufactured goods such as heavy machinery, equipment, sophisticated electrical and electronic appliances. Presently, our manufactured exports include cigarettes, evaporated milk, soaps, detergents, noodles, dairy products, ingots, bathroom slippers and seasonings.

By: TELIAT SULE

http://businessdayonline.com/2013/12/emerging-trends-in-nigerias-non-oil-exports/

Interestingly rubber is responsible for almost 50% of the non oil export earnings. Add the cocoa from the SS and Pawn and shrimps from the SS. We can easily say the SS is responsible for more than 50% of the non oil export earnings . We don try for this Nigeria.

size38: Am from south-south Nigeria. I still repeat and will continue to say it. The Igbos are the real parasites in Nigeria anyhow one view it. Whenever there is mention of oil resources, the Igbos will attach themselves with the south-south. For God sake, we are not the same and one people despite the present romance of the south south and south East due to GEJ's presidency, we are not one. Once GEJ leaves office whether in 2015 or 2019 everything returns back to how it used to be. because we will never support Igbos presidency anytime soon in Nigeria

You are trying too hard to convince yourself.

So rubber is now produced in the SW? I think the plantations owners in Edo, Delta, Bayelsa and Cross rivers state will say other wise. Also Cross rivers is the second highest producer of Cocoa after Ondo.

MULTINATIONAL conglomerate, Stallion Group, has formally announced six branded light commercial vehicles and buses at its new state-of-the-art assembly plant in Ikotun-Egbe and Badagry Expressway, Lagos State.

The Stallion vehicles are built from completely knock down components and designed for Nigerian roads, people and their life style. They will be available soon in their dealerships nationwide, Stallion Group chairman, Mr Sunil Vaswani, affirmed, on Friday.

He said the induction of leading auto brand is crucial to the National Automotive Industry Development Plan, which essentially seeks to position Nigeria among world class industrial economies and has been successfully achieved in other emerging countries.

“We have integrated many proven metrics into this frame work and we are mindful of the six stages of development for a brand, each equating to a different marketing priority, starting with creating basic awareness and concluding with building customer loyalty,” Mr Vaswani said.

He added that the Stallion’s initiative was an integrated vehicle manufacturing frame work that enables Stallion Group to produce Stallion branded high quality vehicles from knocked down components and with a view to ultimately grow into full fledge local manufacturing industries.

An introductory price of N2.45 million has meanwhile been introduced for Stallion Force LE (double cabin 4x4 Pickup) and N2.95million for Stallion Force SE pickup. While 16-seater Stallion Citibus is being introduced atN3.95million.

Other Stallion made buses are Stallion Civicbus 29+1seater priced at N8.45m, Stallion Contibus 40+1 seater priced at N10.95 million and Stallion Countrybus which is available from 42 to 66 seater. The starting price of Stallion Country bus is offered from N12.45m.

Mr. Vaswani convinced that the current population ofNigeria convincingly support half a million vehicles annually, which is more than sufficient to sustain an emerging automotive industry. Stallion vehicles are competitively priced to enable every potential buyer topurchase and own a choice functional vehicle. TheStallion vehicle plant is coming on the heels of similar plants owned by the group, VON Automobile, Stallion Nissan Motors Nigeria and Hyundai Motors Nigeria plant.

These plants have created significant employment to stimulate industrial clusters such as original equipmentmanufacturers that includes steel plants, glass manufacturers, aftermarket shops and transportation service providers which would lead to job creation and contribute significantly to the GDP.


http://www.tribune.com.ng/news/news-headlines/item/14083-stallion-group-announces-6-light-commercial-vehicles

double post

Some of his followers such as Kelvin Gbenga @KelvinGbenga and AL-AWWAL @ithsmy supported the campaign by tweeting the following
Kelvin Gbenga @KelvinGbenga
@doyinokupe It is a sure victory for President Goodluck Jonathan come 2015. APC has no credible and sellable candidates!
AL-AWWAL @ithsmy
@doyinokupe no doubt about that….#GEJTILL2019
However, the original tweets by Okupe, has had less than forty retweets in five hours


- See more at: http://www.vanguardngr.com/2014/08/presidency-launches-bringbackjonathanin2015-campaign/#sthash.SGSjm2wJ.dpuf

By Abiodun Alade, @biodunpen
The presidency, Friday, launched the #BringBackJonathanIn2015 campaign, aimed at sensitizing the electorates to return President Goodluck Jonathan to Aso Rock in 2015.
The outspoken Senior Special Assistant to the President on Public Affairs, Doyin Okupe (@doyinokupe) started the campaign via his twitter handle, which boast of over 16, 000 followers.
Okupe tweets read, “For outstanding, exemplary&unprecedented perfomance as in delivery of dividends of democracy #BringBackJonathanIn2015… for continuity”, while the other state, “#BringBackJonathanIn2015…4continuity #BringBackJonathanIn2015….4continuity #BringBackJonathanIn2015…4continuity”.

aresa: [s][/s]


I get this from your type every time you get busted...

You have lied twice here tonight. Your lies just keep playing tricks on you. Keep the thread on topic, and stop your attempts to derail, this thread.

You said Lagos was responsible for 35.6% of Nigeria's GDP, you were called on it. You simply went on silence mode

Then you claimed Obj left office with zero on our external debt balance sheet, you also got called on it. What are you busting here? Your truckload of lies or what?

aresa: Great idea. I have no problem with you shutting your ignorant mouth.

I will not give a poor janjaw**eed like you the chance to derail this thread. Like I said, your lies are playing tricks on you.

[s]

aresa: And the rubbish you posted was for what reason? That the PDP and GEJ are not responsible for $57.030 billion or not sinking us into more debt hole?


Please stop the ignorant and ridiculous nonsense abeg..

[/s]

aresa: Nonsense....

We know OBJ washed away at least our external debt before he left, but under the same GEJ/PDP...




Total state's debt both internal and external remains at around $13 billion while FG's external and internal total is $57 billion


Get educated and quit peddling rubbish...

I truly don't have time for your lies. When Obj left office in 2006 Nigeria's external debt was $3.5B. You seem so well educated, yet, your lies are playing tricks on you.

http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2031st%20December,%202006.pdf

kel4soft: Like seriously? Just for clarification, Is Rivers water loan on FG's head since she is gonna pay back in 22years time with an interest rate of 0.03%.

BTW, am not sure the $250m has been included in this since the state is yet to officially access the loan though appreciative progress had been made.

Did you grantee the loan or did the Nigerian federal government grantee the loan. When you default, who is going to pay it back?