The rebasing of the Nigerian economy has given Nigeria commodities a greater advantage in the international market and opportunity to export more of them as well.
When we export processed goods, we add value and create jobs. The Nigeria exports was well over $4 billion (N620 billion) in year 2014. This figure went up the more as oil price crashed below $50 at the beginning of 2015.
More on the heat is the fact that the naira has not only deepened against the dollar, during this same period there was also a greater need to grow the Nigeria economy with other alternatives apart from oil export. All these added to together has made the export market more advised as the best source for making Nigerians rich since government policies are looking on this side of the pendulum.
Yes the rise in the non-oil product export sector is rapidly growing on the hills of crude oil price crash and the current Federal Government’s policy and support for the non-oil industry, especially agriculture is giving the export market an opportunity of diversifying into different products.
As at the last count Nigeria exports over 120 products to different countries. While raw commodities still dominates the market in terms of volume of export, small scale export is gradually improving it stalk in value added products as a result of new rules from foreign countries concerning import of food items from Nigeria.
With this, you can specialise in raw commodity or you can export value added product or you can do both. The coast is now clear and it is time to make money, because the falling dollars is to your advantage the more dollars goes up against the naira the more exporter smile to the bank with more cash. Start now go to www.investmentlight.com/export or call 08023982600
Introduction to Export Business in Nigeria and the Dollar Opportunities
