Category Archives: Export

Norway Exports N45bn Fishery Products Annually to Nigeria – Ships & Ports

The Norwegian Ambassador to Nigeria, Kjemprud Jens-Petter, on Monday in Lagos, disclosed that his country exports fishery products worth $125 million (N45 billion) to Nigeria annually.

He said fishery export from Norway included stockfish, mackerel and salmon.

“Annually, Norwegian fish exports to Nigeria stand at $125m and these include stockfish, pelagic fish, mainly mackerel and salmon.

Negative Reports on Yam Export de-marketing Produce — Exporters

Some yam exporters to Europe and the U.S. have decried negative reports about the produce, saying it is de-marketing Nigerian yams in the international market.

The exporters spoke at a meeting with the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, in Abuja on Friday.

They said the reports were putting Ghana at an advantage over Nigeria on yam exportation at the international market.

CBN Reads Riot Act to Exporters over Non-repatriation of Export Proceeds

The Central Bank of Nigeria (CBN) has reiterated its resolve to heavily sanction exporters that fail to repatriate their export proceeds within the stipulated days for oil and gas as well as for non-oil exports.

Specifically, it stressed that any exporter that defaults in the repatriation of export proceeds within the stipulated period shall be barred from accessing all banking services including access to the foreign exchange market.

Press Release: Exporters Debunk Yam Export Rejection Stories

Federal Ministry Of Agriculture And Rural Development Press Release: Exporters Debunk Yam Export Rejection Stories

The exporters of yam to the UK and US have disputed the reports, initially aired by the Africa Independent Television (AIT) purporting that the yams exported after the official flag-off ceremony on June 29, 2017 were rejected at their export destinations.

The symbolic event, done at the Lilypond Container Terminal in Lagos by the Honourable Minister of Agriculture and Rural Development, Chief Audu Ogbeh, meant to boost the morale of Nigerian exporters and make a bold statement to the global marketplace, has drawn widespread criticisms on various media platforms based on the misleading reports.
The concerned exporters and other prospective exporters have expressed worries about the potential impact of the negative publicity on their prospects at the export market in the wake of federal government’s initiative on diversification of the economy through agricultural produce export.

Yam Exported to the UK Was Not Rejected – Quarantine Service

The Coordinating Director of the Nigerian Agricultural Quarantine Service(NAQS) Dr. Vincent Isegbe has said Nigeria yam was not rejected but rather had issues of logistics

He also said the yam exported to the UK was not cleared by the agency as the cargo was not available for inspection by the NAQS at the point of take off.

Speaking while briefing Newsmen in Abuja yesterday, Dr Isegbe said the yam was not rejected and yam export to US had no issue, except that of the UK which was not cleared by officers of the NAQs.

He said “Any exporter/ farmer that engages NAQS in its exportation process has always succeeded,adding that our processes are stringent but satisfying and rewarding”

Nigeria Gemstones’ Export Valued at $3bn Annually

The Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said gemstones worth $3 billion are exported annually from Nigeria, but mostly unofficially.
Speaking yesterday at the African Gems and Jewellery Exhibition and Seminar held in Abuja, he said despite the huge potentials in gemstone mining, there has been loss of revenue due to laundering and damage to the environment and these, he added, ”Remain major causes of concern”.


AMERICA DIDN’T REJECT NIGERIAN YAMS AGRIC MINISTER, AUDU OGBEH LIED – EXPORTER A —- Nigerian yam exporter, Dr. Timothy Ijir, who is based in the United States, has said that the US authorities did not reject any yam exports from Nigeria.
He stated this in an interview with
SUNDAY PUNCH on Saturday.
He said, “I am the only person who has imported Nigerian yams into the US and I can say without equivocation that they were not rejected. Any statement to the contrary is false and misguided.

Nigeria Enters League of Steel Exporters

THERE is strong indication that after cement, Nigeria’s steel industry is the next sector to watch as African Industries Group, the largest steel manufacturer in the country, has started exporting the product to Morocco, Egypt and Ghana.

Steel is made from iron ore, limestone and natural gas, and its usage cut across tools and machinery, energy, automotive, building industries.