Nigeria imports N4,000,000,000 worth of diaper and sanitary kits yearly. In July 2015, Hayat invested $100.000.000 to build a factory; plus 14MW electricity. The facility has been completed, and work has begun to produce
Europe imports soybeans worth $14.2m from Nigeria, then go on to process it into oil and make thrice the money. In 2017, Alhaji Gerewa built a $50,000,000 processing plant in Kano, with a potential for export.
Glass and stones are some of the items Nigeria import for building. In 2017, the importing company, Rongsheng, decided to relocate their factory to Edo State by building a multi-billion naira facility for glass processing.
In 2018, PMB was in Calabar to inaugurate this N3,000,000,000 rice seedling factory to boost Nigeria's yields. Rice farmers already booked a N2,000,000,000 order, and Bayelsa/Abia/Delta States also bought theirs. India made $7,000,000,000
Nigeria has a $3.7billion groundnut market as the 3rd biggest producers in the world. The Dantata family became billionaires from the sales to Europe. But Nigeria's export was later banned, but today
Africa spends billions importing medical kits from India. After Jubilees, another firm HMA Medical, has set up a new plant in Nigeria that produces 200,000,000 syringes, 350,000,000 needles,
Ikun Dairy Farm was established in 1980 with fattened cows on 1,000 hectares of land.Valued at N700,000,000 but left to rot away.The good news,
Nigeria has massive
Federal Govt has supported the project in Imo state with $200.000.000.
Kofo Akinkugbe. She is the founder & CEO of SecureID Nigaria limited. She's a market leader in smart card technology
My people, slow and steady, they say, win the race.Whether the enemies of this country like it or not,
#... Ahmed Wali... 🇳🇬❗