₦airaland Forum

SmartyPants:
That would be a dangerous way to do business. So if something happens and their crops are devastated -- say by a plague or something -- you are now indebted for the future.

Forward contracts are insurable.

Mayor21:
Naso life be bros
We for Ikom sef believe sa na only we get Cocoa for Nigeria, we Etung and Boki 🤣
Well all those cocoa in the SW are mostly cocoa from our end....
SW cocoa no do again sef

Omo Ikom is crazy, all of Boki, Etung, Akamkpa, and Southern Cameroun guys come to Ikom to sell their Cocoa...

BreconHills:
Forward contracts are insurable.

On the same principle...who would insure forward contracts for such a volatile industry? Sounds like terrible business for any taker whichever way you look at it.

SmartyPants:
On the same principle...who would insure forward contracts for such a volatile industry? Sounds like terrible business for any taker whichever way you look at it.

Risk is an opportunity that can be priced.

codemaniacs:
Then according to the post, Nigeria made $368,000,000 in 2024 which is significantly less than 2023's $670,000,000..

T:inub:u has killed the economy by devaluing the naira.

How do you properly quote multiple people this way ?
I struggle to do it

yinkeys:
How do you properly quote multiple people this way ?
I struggle to do it

Open the quotes in multiple browser tabs then copy the quote from one browser tab and paste it in the browser tab i want to submit and ensure there is at least one line spacing between each quote.

Zooposki:
No, they don’t have the knife and yam. Just like how Russia took away their gas. Ghana has started producing cocoa drinks and chocolate and they are delicious from what I have heard. Western consumers are buying them.

You heard,go to some nigeria exhibitions you will see bottled palmwine but how far can it go?

LegendHero:
Someone was saying this on Twitter today.

Imagine governors from cocoa producing states invest massively in vast hectare of land and plant cocoa like their lives depend on it.

Nothing stop them from making $40b yearly from cocoa. They should stop being lazy and reduce their dependence on the chicken change from FAAC.

Land tenure system and land fragmentation from multiple holdings won’t allow that to happen.
Every man wants to do what he wants with land.