Why Is It Still So Expensive To Export From Nigeria? - Politics

Why Is It Still So Expensive To Export From Nigeria? - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Why Is It Still So Expensive To Export From Nigeria? (870 Views)

Why Is It Still So Expensive To Export From Nigeria? by whatisthetruth(op): 7:14pm On Oct 31, 2023

I ran across this info below and it blew my mind.

Why are is the sector still so corrupt at a time Nigerians should be exporting everything exportable?

5 Likes 3 Shares

Re: Why Is It Still So Expensive To Export From Nigeria? by Cruise777: 7:19pm On Oct 31, 2023

Nigerian export promotion council need to do more

Do you know it's cheaper to ship sheer butter and cocoa through Ghana than using Nigeria

Some years back got a juicy offer to export charcoal to some European industry through a b2b site

We sourced our charcoal cheaply in Oke Ogun Oyo State, got a warehouse in Ibadan and packaged it depending on the size, we go workers who rebagged it

Problem started when Oyo State Government Environmental Agency under Ajimobi first slammed us with sanctions, locking out warehouse for violating environmental laws of the state

We begged and begged bribe all the people we know in the secetariate only to get the charcoal back with them asking us to auction it and never trade such in the state again

.

1 Like 2 Shares

Re: Why Is It Still So Expensive To Export From Nigeria? by vonlogon: 7:19pm On Oct 31, 2023

Believe it or not, Nigeria government don't want people to get rich. They'll do anything to block all viable avenue.

8 Likes 1 Share

Re: Why Is It Still So Expensive To Export From Nigeria? by NwaNimo1(m): 7:20pm On Oct 31, 2023

Lagos, Corruption and Agbero's!

https://storage.ko-fi.com/cdn/useruploads/display/07f20ab2-91e8-40a0-87ae-bf42afd4bb2b_19.gif

6 Likes

Re: Why Is It Still So Expensive To Export From Nigeria? by paxx: 7:21pm On Oct 31, 2023

whatisthetruth:
I ran across this info below and it blew my mind.

Why are is the sector still so corrupt at a time Nigerians should be exporting everything exportable?

We need more ports in Nigeria!

Everybody is fighting to use the same port... causes congestion

6 Likes

Re: Why Is It Still So Expensive To Export From Nigeria? by Salary: 7:36pm On Oct 31, 2023

**For real??
**See this, 100 tonnes = 100,000 kilograms
**That means 1 tonne = 1000 kilograms
**Now, if 100 tonnes = 100,000 kilograms = $35,000;
**Then 1 kilogram = $35,000 ÷ 100,000 kg;
**Which equals $0.35;
**We can say, 1kg = $0.35.
**Now, let's convert to naira using the official rate, which is #787/$
**We get, #275.45/kilogram!!
**To export 1kg of any stuff, you gonn' pay #275.45 for that.
**Somewhat cheap, isn't it??
**$0.04/kg (#31.48/kg) in Ghana!!

Fúck the government!!

Re: Why Is It Still So Expensive To Export From Nigeria? by whatisthetruth(op): 7:55pm On Oct 31, 2023

paxx:
We need more ports in Nigeria!

Everybody is fighting to use the same port... causes congestion

Makes sense

Re: Why Is It Still So Expensive To Export From Nigeria? by CodeTemplar: 8:12pm On Oct 31, 2023

I once enquired about cost of sending 15kg package out of Nigeria and got a quote of 115K from one ogogoro looking Nipost man. That was 2018-19

If we talk now, the cassava mafia and their corn-legends may attack as paid to.

4 Likes

Re: Why Is It Still So Expensive To Export From Nigeria? by kcprince: 8:25pm On Oct 31, 2023

A lot happens . I have exported all manner of things from Nigeria. And below are my observations :

1. Exports from nigeria are more expensive than other countries. If you try to export soyabeans, palm oil and ginger you will be discouraged by the prices the buyer gives you because there are other countries that sell cheaper .
2. Most export materials are gotten from the villages so you have to transport to a state with port. A lot of export expenses goes into road expenses( each checkpoint has a fixed amount , plus the touts on the road collecting produce tax) ,
3. Community taxes also makes things expensive: you will settle king, youth , elders etc
4. If you do your export on a large scale , you will attract state and local government officials who will tax you without pity.

At the end of all these the international buyer still expects your price to be same as other west African Nations .

10 Likes 2 Shares

Re: Why Is It Still So Expensive To Export From Nigeria? by whatisthetruth(op): 9:11pm On Oct 31, 2023

kcprince:
A lot happens . I have exported all manner of things from Nigeria. And below are my observations :

1. Exports from nigeria are more expensive than other countries. If you try to export soyabeans, palm oil and ginger you will be discouraged by the prices the buyer gives you because there are other countries that sell cheaper .
2. Most export materials are gotten from the villages so you have to transport to a state with port. A lot of export expenses goes into road expenses( each checkpoint has a fixed amount , plus the touts on the road collecting produce tax) ,
3. Community taxes also makes things expensive: you will settle king, youth , elders etc
4. If you do your export on a large scale , you will attract state and local government officials who will tax you without pity.

At the end of all these the international buyer still expects your price to be same as other west African Nations .

While all these factors you listed are valid, only point 3 and 4 sort of address the issues of "ease of business" in Nigeria.

We should have leaders by now that are concerned enough to streamline processes and monitor them, even if it means installing cheap cameras in every single government office and on every law enforcer and other macroscopic ideas to facilitate ease of business.

3 Likes 1 Share

Re: Why Is It Still So Expensive To Export From Nigeria? by Swiftgrp: 10:33pm On Oct 31, 2023

whatisthetruth:
I ran across this info below and it blew my mind.

Why are is the sector still so corrupt at a time Nigerians should be exporting everything exportable?

Re: Why Is It Still So Expensive To Export From Nigeria? by Swiftgrp: 10:35pm On Oct 31, 2023

kcprince:
A lot happens . I have exported all manner of things from Nigeria. And below are my observations :

1. Exports from nigeria are more expensive than other countries. If you try to export soyabeans, palm oil and ginger you will be discouraged by the prices the buyer gives you because there are other countries that sell cheaper .
2. Most export materials are gotten from the villages so you have to transport to a state with port. A lot of export expenses goes into road expenses( each checkpoint has a fixed amount , plus the touts on the road collecting produce tax) ,
3. Community taxes also makes things expensive: you will settle king, youth , elders etc
4. If you do your export on a large scale , you will attract state and local government officials who will tax you without pity.

At the end of all these the international buyer still expects your price to be same as other west African Nations .

Indeed.

Re: Why Is It Still So Expensive To Export From Nigeria? by Philipponzaghi: 10:38pm On Oct 31, 2023

The funniest thing in all this is that the money won’t even get to the government account as those at the port and the agencies would have siphoned lot of it.

So it is a lose/lose game for both the federal government and the people exporting.

1 Like

Re: Why Is It Still So Expensive To Export From Nigeria? by Tohsynetita1(m): 10:56pm On Oct 31, 2023

That's what am thinking currently, I want to export Garri of 100kg to Chicago and GIG billed me around 1 million naira, imagine that, whereas some company charge around 550k, some 350k, the least I got is 350k by plane but by ship is around 65k but it's like 3 month journey.

Re: Why Is It Still So Expensive To Export From Nigeria? by Tohsynetita1(m): 11:08pm On Oct 31, 2023

kcprince:
A lot happens . I have exported all manner of things from Nigeria. And below are my observations :

1. Exports from nigeria are more expensive than other countries. If you try to export soyabeans, palm oil and ginger you will be discouraged by the prices the buyer gives you because there are other countries that sell cheaper .
2. Most export materials are gotten from the villages so you have to transport to a state with port. A lot of export expenses goes into road expenses( each checkpoint has a fixed amount , plus the touts on the road collecting produce tax) ,
3. Community taxes also makes things expensive: you will settle king, youth , elders etc
4. If you do your export on a large scale , you will attract state and local government officials who will tax you without pity.

At the end of all these the international buyer still expects your price to be same as other west African Nations .

will you tell community and elders that you are taking it abroad?

Re: Why Is It Still So Expensive To Export From Nigeria? by SalamRushdie: 12:15am On Nov 01, 2023

Because 99 percent of Nigerians love to extort others

Re: Why Is It Still So Expensive To Export From Nigeria? by DeLaRue: 12:55am On Nov 01, 2023

Tohsynetita1:
will you tell community and elders that you are taking it abroad?

E no concern community and elders whether you're taking the goods to the moon or the sea.

They want 'their money.' Full stop

2 Likes

Re: Why Is It Still So Expensive To Export From Nigeria? by Tohsynetita1(m): 2:39am On Nov 01, 2023

DeLaRue:
E no concern community and elders whether you're taking the goods to the moon or the sea.

They want 'their money.' Full stop

Well, not in my own side.

Re: Why Is It Still So Expensive To Export From Nigeria? by BigIyanga: 4:33am On Nov 01, 2023

SalamRushdie:
Because 99 percent of Nigerians love to extort others

Spoken like a novice. Naija is the most congested and riddled with govt agents double checking a-z. In other countries, clearing of goods, takes less than a wk, but in Naija, it takes months

Re: Why Is It Still So Expensive To Export From Nigeria? by Uchek(m): 5:52am On Nov 01, 2023

[That u think that the problem is the purview of NEPC shows ur IGNORANCE of the foundational problem that bedevils Nigeria in the last 50 years.

quote author=Cruise777 post=126722768] cool

Re: Why Is It Still So Expensive To Export From Nigeria? by SalamRushdie: 7:11am On Nov 01, 2023

BigIyanga:
Spoken like a novice. Naija is the most congested and riddled with govt agents double checking a-z. In other countries, clearing of goods, takes less than a wk, but in Naija, it takes months

You clearly know nothing about Nigeria , every delay and difficulty is manufactured by govt workers all in a bud to create an environment for extortion..
Fake passport scarcity
Fake port delays
Even fake electricity blackout

2 Likes

Re: Why Is It Still So Expensive To Export From Nigeria? by Splashme: 11:05am On Nov 01, 2023

Sad

1 Like

1 Reply

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