How You Can Go into Export Business & Make Millions

Yes, the economy is challenging, but do you know that you can go into export business and make millions?

The good thing is that you have a range of readily available local products that are in hot demand overseas.
We provide how you can start the journey:

Abundant incentives available for exoporters
For anyone who is interested in going into export business, there are incentives that the Nigerian government has made available to support the dream.
The incentives can come in the form of
i. Monetary Support
ii. Tax support
iii. Legal backing
in all, they are expected to help the nigerian exporter keep competitive in the international market.

Nigerian export incentives are established by the Export (Incentives and Miscellaneous Provisions) Ac, available for those going into the export business.

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1. Financial grants let you expand exports more easily
2. Cost of production support makes your products more competitive in the global markets
3. Financial support lets you facilitate greater / faster market penetration
Note that the Nigerian Export Promotion Council (NEPC) currently administers two export incentives: Export Development Fund & Export Expansion Grant.

Exportable Products From Nigeria
Product Name: Ginger
Botanical Name: Zingiber Officinale

Product Profile
Ginger (Zingiber officinale Roscoe) is a flowering plant whose rhizome, ginger root or simply ginger, is widely used as a spice or a medicine. The rhizome (ginger) is gathered when the stalk withers; it is immediately scalded, or washed and scraped, to kill it and prevent sprouting.

Major Producing Areas:
Kaduna state (major)
Nasarawa
Benue
Niger
Gombe States

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Estimated Production Figure:
369,019 MT (FAO; 2018)

Quality/Standard:
Moisture content: 8% max
Oil content: 2-4%
Impurities: 0-2%max
Microbes: Negative

Packaging:
The fresh ginger are packaged in PVC cartons or corrugated fibre box with inner lining of PE films while the dried split ginger are packaged in a clean propylene woven bags.

Uses:
1. Raw Ginger is used as spice.
2. It has medicinal value against cold.
3. It is used in the preparation of medicines and confectionery.

Importing Countries:
India
China
Bangladesh
Germany
Saudi Arabia
Netherlands.
United Arab Emirates

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Export Potential of Ginger
Ginger a high import item in
i. Netherlands
ii. United Kingdom
iii. Germany
iv. United Arab Emirates

‘How To go into Export Business’ will be continued watch this space