₦airaland Forum

We are all to blame especially some petty traders..

Where is Dangote on this list. With his fertilizer plant, cement , salt.. ?

I expect most of his business to be on this list - except he is somehow diverting his foreign earnings.

benuejosh:
I thought i would find somepersons or someone from the agricultural sector as the first but been among the top 5 is still good. It shows that the agricultural sector is still a major contributor to foreign earnings in Nigeria.

Agriculture is just the way to go.

There's money in the soil.

Indorama
Chemical/Agriculture

Dashlish:
Scrap(Batching) For Sale in Ibeju Lekki, Please No Long Chain.
Asking Price is 40m

what is the gross tonnage?

Nbote:
How can they change their mentality on imports? Policies in the country isn't favorable for production. Cost of production will cripple both buyers and sellers. If the govt wants to encourage local production let them stop lip service and put up measures, palliatives and incentives to encourage local production. It is cheaper to import than produce in this country despite the fact that we have all the raw materials

The only thing I love here is it's cheaper to import than to produce in Nigeria so what's the essence of consuming our product mtheeww smh 😡

Strange to see that a fertilizer company is part of the top exporters in Nigeria. With all the food crises we are experiencing in the country?

This country is upside down to be honest.

RepoMan007:
This is a good example to understand how the naira weakens and strengthens based on cumulative export/import balance of trade.

These companies if they ever need dollar to import, maybe machinery, can take from their earned dollar and use or even sell to others in need of dollar to import. That means less pressure upon dollar supply and better exchanging rate for the naira. The CBN is not the one to be blamed if bandits had ransacked these companies and force them to stop operation. The CBN has little to do with actual economics operation.

That is what I profer for the Naira/Dollar debacle. Fund and encourage producers of export products especially substituted products seriously and weaken the Dollar by 1/2

Indorama is Petrochemical so it's crude oil based

Nbote:
How can they change their mentality on imports? Policies in the country isn't favorable for production. Cost of production will cripple both buyers and sellers. If the govt wants to encourage local production let them stop lip service and put up measures, palliatives and incentives to encourage local production. It is cheaper to import than produce in this country despite the fact that we have all the raw materials

..abi. The government have to create a conducive environment for bussinesses, companies, industries to thrive which it will encourage local production and export

FreeStuffsNG:
When you spend all day on Nairaland with your negative mindset , insulting everyone including the leaders and the land till it withheld its blessings from you and you fail to meet the right set of people who can teach you the right legitimate way to go about it, everything will remain hard for you nah.

There's a Korean proverb that if you see nail in every issue presented to you, instead of using your brain to solve it, you will be looking for hammer.

There's no where in the world where entrepreneurs find it easy so stop deceiving yourself. It's very very hard and that's why most people don't take the Entrepreneurial journey. Export business is particularly hard everywhere in the world!

The Founder of one of those 5 companies is a Nigerian like you, he did not even go to school like you! Yet, he started learning commodities traidng in his late teens and early 20s in the old western region then proceeded to farming and buying cocoa beans then exporting overseas, he is in his 80s 0r 90s today and still Chairman of the company. Behind his success is about 60 active years of intense hardwork and positive mindset. Today, one of his Children, who are very well educated, is the CEO of the company. The company he founded in his 20s is today the highest indigenous non oil forex earner. That's powerful. What then is your own excuse? Social media entertainment and cyberbullying addiction? Smh

Quit decieving yourself. Business is hard everywhere in the world and Nigeria is no exception.

Below is a short video of an American entrepreneur swearing in a court deposition and you can see him admit he has problems and how stressed he is. Entrepreneurship is for the bold and positive minded who are teachable too.
https://youtube.com/shorts/u1S1CTQMjlY?si=nkffiIrJ9Q7t7pyb

Shutup and stop posting propaganda..

If it's cheaper to import product so I dont think there is essence we need to produce what we will pay more for and yet the quality might not even get to d peak ...

They should just open d land borders and let's continue what they started earliar ...

They are d root of the problems and yet they shouldn't allow poor Nigerians to suffer for it...
😡
.ever since I and u were born we were raised up with foreign importation of food items e.g rice and now they want us to consume d stone rice we produce locally and yet the elite won't consumn d stone rice mtheeww...

Ask yourself what has d government done on agriculture to improve it's cultivation 🤔

What have they done with how it can cut the cost of poor Nigerians to benefit from it 🤔

Even d agro agriculture system self what has they done to improve electricity to improve it 🤔..


Yet food items keep bleeping up daily and starving more than half of the population of the country 😭

So stop spewing trash about negative mindset Biko

This is good. Can we do more? How can we improve our exportable goods? We need to do more with Europe, North America and Middle East.

Isobug:
Indorama
Chemical/Agriculture

what's your point exactly please.

princeemma69:
what is the gross tonnage?

1,500 Tonnage

FreeStuffsNG:
When you spend all day on Nairaland with your negative mindset , insulting everyone including the leaders and the land till it withheld its blessings from you and you fail to meet the right set of people who can teach you the right legitimate way to go about it, everything will remain hard for you nah.

There's a Korean proverb that if you see nail in every issue presented to you, instead of using your brain to solve it, you will be looking for hammer.

There's no where in the world where entrepreneurs find it easy so stop deceiving yourself. It's very very hard and that's why most people don't take the Entrepreneurial journey. Export business is particularly hard everywhere in the world!

The Founder of one of those 5 companies is a Nigerian like you, he did not even go to school like you! Yet, he started learning commodities traidng in his late teens and early 20s in the old western region then proceeded to farming and buying cocoa beans then exporting overseas, he is in his 80s 0r 90s today and still Chairman of the company. Behind his success is about 60 active years of intense hardwork and positive mindset. Today, one of his Children, who are very well educated, is the CEO of the company. The company he founded in his 20s is today the highest indigenous non oil forex earner. That's powerful. What then is your own excuse? Social media entertainment and cyberbullying addiction? Smh

Quit decieving yourself. Business is hard everywhere in the world and Nigeria is no exception.

Below is a short video of an American entrepreneur swearing in a court deposition and you can see him admit he has problems and how stressed he is. Entrepreneurship is for the bold and positive minded who are teachable too.
https://youtube.com/shorts/u1S1CTQMjlY?si=nkffiIrJ9Q7t7pyb

But you and your ilk insulted the umbrella people that year o

lordm:
Do you know Nigerians now import rubber plates. This country ehn. We all are not ready at all

Why not allow them to import food rice beans etc because this is d first thing to humanity so we can think of other areas we are lacking bikoni

A number of other parameters are priced i n the value of a currency e.g., debts, security, interest rates, stability, corruption etc.
For example, Nigeria,s large amount of foreign debt, ensures that we require dollars to pay these foreign investors. Most of the incurred debt are not used to build infrastructure such as rail networks linking farmer communities wit cities, more ports in the south west and south south region of the country. Most of our debts are consumed via corruption. Example: Emefiele using debt to subsidize his cronies purchase of dollars.

Security: is a big part in the value of a currency, Nigeria is very unstable.

Interest rates/Inflation: Inflation ensures that every year the value of your money is constantly devalued. you lose money even keeping it in the bank.

Do not expect the value of the dollar to ever halve against the naira. This is a losing bet, my friend.


In 1983: 1 million naira was worth 1.5 million dollars. today it is worth 1,000USD.

Be wise.

 

Isobug:
That is what I profer for the Naira/Dollar debacle. Fund and encourage producers of export products especially substituted products seriously and weaken the Dollar by 1/2

How come one company is exporting gold[img][/img][img][/img]hope it is not zamfara gold

LZAA:
But you and your ilk insulted the umbrella people that year o

I don't insult people whether offline or online. It's a matter of personal value rule for me.

lordm:
Do you know Nigerians now import rubber plates. This country ehn. We all are not ready at all

No..

We’re not..

That’s the truth.

FreeStuffsNG:
I don't insult people whether offline or online. It's a matter of personal value rule for me.

If you say so👍

[color=#000099][/color]

FreeStuffsNG:
When you spend all day on Nairaland with your negative mindset , insulting everyone including the leaders and the land till it withheld its blessings from you and you fail to meet the right set of people who can teach you the right legitimate way to go about it, everything will remain hard for you nah.

There's a Korean proverb that if you see nail in every issue presented to you, instead of using your brain to solve it, you will be looking for hammer.

There's no where in the world where entrepreneurs find it easy so stop deceiving yourself. It's very very hard and that's why most people don't take the Entrepreneurial journey. Export business is particularly hard everywhere in the world!

The Founder of one of those 5 companies is a Nigerian like you, he did not even go to school like you! Yet, he started learning commodities traidng in his late teens and early 20s in the old western region then proceeded to farming and buying cocoa beans then exporting overseas, he is in his 80s 0r 90s today and still Chairman of the company. Behind his success is about 60 active years of intense hardwork and positive mindset. Today, one of his Children, who are very well educated, is the CEO of the company. The company he founded in his 20s is today the highest indigenous non oil forex earner. That's powerful. What then is your own excuse? Social media entertainment and cyberbullying addiction? Smh

Quit decieving yourself. Business is hard everywhere in the world and Nigeria is no exception.

Below is a short video of an American entrepreneur swearing in a court deposition and you can see him admit he has problems and how stressed he is. Entrepreneurship is for the bold and positive minded who are teachable too.
https://youtube.com/shorts/u1S1CTQMjlY?si=nkffiIrJ9Q7t7pyb

What do you mean? In a country where there is no electricity, insecurity, currency devalued etc, how you encourage one to invest in such a country?

FreeStuffsNG:
When you spend all day on Nairaland with your negative mindset , insulting everyone including the leaders and the land till it withheld its blessings from you and you fail to meet the right set of people who can teach you the right legitimate way to go about it, everything will remain hard for you nah.

There's a Korean proverb that if you see nail in every issue presented to you, instead of using your brain to solve it, you will be looking for hammer.

There's no where in the world where entrepreneurs find it easy so stop deceiving yourself. It's very very hard and that's why most people don't take the Entrepreneurial journey. Export business is particularly hard everywhere in the world!

The Founder of one of those 5 companies is a Nigerian like you, he did not even go to school like you! Yet, he started learning commodities traidng in his late teens and early 20s in the old western region then proceeded to farming and buying cocoa beans then exporting overseas, he is in his 80s 0r 90s today and still Chairman of the company. Behind his success is about 60 active years of intense hardwork and positive mindset. Today, one of his Children, who are very well educated, is the CEO of the company. The company he founded in his 20s is today the highest indigenous non oil forex earner. That's powerful. What then is your own excuse? Social media entertainment and cyberbullying addiction? Smh

Quit decieving yourself. Business is hard everywhere in the world and Nigeria is no exception.

Below is a short video of an American entrepreneur swearing in a court deposition and you can see him admit he has problems and how stressed he is. Entrepreneurship is for the bold and positive minded who are teachable too.
https://youtube.com/shorts/u1S1CTQMjlY?si=nkffiIrJ9Q7t7pyb

You nairalanders can be funny, why dnt you people throw sentiments away before making claims or assertions. What you quoted and this epistle you wrote, how them take resemble ehh ??

Freebills12:
[color=#000099][/color]

What do you mean? In a country where there is no electricity, insecurity, currency devalued etc, how you encourage one to invest in such a country?

Keep deceiving yourself se. I have had 24 hrs straight days of light for most part of this year and for about 4 years now. You can not throw away your God-given talents to become a loser in life so stop sounding like a loser.

FreeStuffsNG:
When you spend all day on Nairaland with your negative mindset , insulting everyone including the leaders and the land till it withheld its blessings from you and you fail to meet the right set of people who can teach you the right legitimate way to go about it, everything will remain hard for you nah.

There's a Korean proverb that if you see nail in every issue presented to you, instead of using your brain to solve it, you will be looking for hammer.

There's no where in the world where entrepreneurs find it easy so stop deceiving yourself. It's very very hard and that's why most people don't take the Entrepreneurial journey. Export business is particularly hard everywhere in the world!

The Founder of one of those 5 companies is a Nigerian like you, he did not even go to school like you! Yet, he started learning commodities traidng in his late teens and early 20s in the old western region then proceeded to farming and buying cocoa beans then exporting overseas, he is in his 80s 0r 90s today and still Chairman of the company. Behind his success is about 60 active years of intense hardwork and positive mindset. Today, one of his Children, who are very well educated, is the CEO of the company. The company he founded in his 20s is today the highest indigenous non oil forex earner. That's powerful. What then is your own excuse? Social media entertainment and cyberbullying addiction? Smh

Quit decieving yourself. Business is hard everywhere in the world and Nigeria is no exception.

Below is a short video of an American entrepreneur swearing in a court deposition and you can see him admit he has problems and how stressed he is. Entrepreneurship is for the bold and positive minded who are teachable too.
https://youtube.com/shorts/u1S1CTQMjlY?si=nkffiIrJ9Q7t7pyb

Do u know what nbote does on nairaland equates to non-oil exports too?
How do u think APC and the yorubas helped Gej and his govt to grow the economy and beat inflation?
It was thru ranting and gossiping on social media which is part of non-oil exports, the foreigners bought all what u guys were spewing online, they made sure they rejected gej's govt, that's why he lost his re-election bid.

The opposition of today don't indulge in that hateful and spiteful politics, maybe the otherway it also not adding values to the GDP...

A country of 200 million people, a GDP of $400 bn is celebrating $10 million exports a month??

There are small businesses making more than this .

Heck, there are many Youtubers making more than this.

Tayorshd87:
Why not allow them to import food rice beans etc because this is d first thing to humanity so we can think of other areas we are lacking bikoni

you know nothing about economics. Ever asked yourself why the naira keep falling. The over reliance on import is killing our economy. We need to start producing, be it farming or otherwise else we are doomed and heading the way of Zimbabwe

The only problem we have about the exchange is the racketeering within the cbn, business men and the politician

FreeStuffsNG:
https://punchng.com/five-top-exporters-earn-22m-in-two-months-cbn/

Foolish people. We should clap for una abi? People are exporting raw materials away and you are happy. How much does the finished goods cost finding its way back to naija?

that value is small. we should be exporting at least a Billion USD of non oil every month. the govt should invest heavily in FTZ and Agro Processing clusters

Kukutente23:
At the bolded is the koko
Nigerian govt will sit down and be chasing CBN, NNPC, Minister of Finance about while there are no plans to make the economy productive
How exactly will the CBN gov conjure dollars out of the bank?
Too much misplaced priority under APC

As an ibo man, you must look for a way to defend the evil Emefiele perpetrated in office.
Dem don swear for una.

cooooooks:
A country of 200 million people, a GDP of $400 bn is celebrating $10 million exports a month??

There are small businesses making more than this .

Heck, there are many Youtubers making more than this.

its embarrasing
shows how unproductive the population is
they are sponsoring mass weddings instead of mass farming and production
10m usd wey 2 youtubers don spend in one month

Indorama is crude oil dependent

FreeStuffsNG:
The top 5 non oil forex earners have done well. I urge them not to rest on their oars.

These companies, especially the indigenous ones, are an inspiration to many others that you can make it here in Nigeria too and earn great returns from exports. Check my signature for free stuffs!