Nigeria is targeting to export over 600, 000 tons of agricultural produce by 2026 and earn a projected revenue of about $10 billion per annum, to overtake Kenya, which is currently number one in the export of agricultural produce in Africa. In 2021 alone, Kenya exported over 300, 000 tons of coffee, tea, cut flower […]
The Aviacargo Committee set up by the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu to boost Nigeria’s exports by air has raised hope that within a limited timeframe, Nigeria would become number exporter of perishables and other agro-based products in Africa. Coordinator of the Committee, Mr. Ikechi Uko while […]
According to the Central Bank of Nigeria (CBN), Nigeria earned N4. 13 trillion from oil and gas exports in 2021, but experts who are versed in export of perishable farm produce believe Nigeria can earn double of this amount from just export of agricultural goods alone. Currently Nigeria is an import dependent country, where cargo […]
The Group Managing Director of Red Star Express Plc, Dr. Olusola Obabori, speaks on how the company’s investment in SMEs, perishable goods, will empower farmers. Chinedu Eze brings the excerpts: How are you supporting small and medium enterprises (SMEs) and how do you intend to expand Pre-authorised Payments (PAP) system? The support for SMEs is […]
Nigeria is exporting more products by air than it has ever done in the past and most of the products are meant for Nigerians who live abroad, THISDAY’s findings showed. The development was confirmed by aviation handling companies, which stated that export of perishables and other Nigerian edible products was on the rise. The Managing […]
