Implication of the Forex Ban on Food Items

With 84% of Nigeria’s export (as at Q2’2020) as oil products, we reiterate that Nigeria does not really have an import problem. Nigeria has an export problem and until that problem is solved, average Nigerians will always suffer higher commodity prices due to the demand management strategy of the CBN anytime external shocks occur in the oil market.

Nigeria’s Export Trade is Still Largely Driven by Crude Oil

The aim of this research work is to identify the key drivers of growth in the export category as well as examine the compositions of Nigeria’s imports while explaining the country’s misplaced priority in terms of the production and exportation of certain commodities.

Nigeria Exports N557.66bln Worth of Agricultural Produce in Two Years as it Earns N31.65 trillion from Crude Oil Export During the Same Period

In this article, we will be particularly concerned about the total value of Nigeria’s agricultural export from Q2 2017 to Q2 2019 (Since Nigeria emerged from the 2016 economic recession in Q2 2017), while also looking at the drivers of country’s total agricultural export and the contribution of crude oil to Nigeria’s total export.

Sesame Seed as a Nigerian Cash Crop- An Unsung Hero

Image Credit: www.seriouseats.com Basically, sesame (also known as Beniseed) can be sesame seeds and/or Sesame oil. Sesame oil is used as an ingredient in making cosmetics as it is very effective in hair growth and skin health. Sesame seeds are used to flavour and garnish various foods, particularly bread and other baked goods. According to […]

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