Until the late 1970’s when hydrocarbon was discovered in commercial quantity in Oloibiri, present day Bayelsa state, Agriculture remained the mainstay of the economy contributing over 90% of the Gross Domestic Product (GDP) of the country as against the less than 40% it now contributes with crop […]
Read more →Import/Export, Wholesale And Retail Trade
The palm oil plant { Elais Guinensis}, considering its three different varieties Dura, Peripheral and Tenera, produces an edible fruit similar to an apricot which has inside a nut. During the crude palm oil process that fruit’s flesh is melted through a steaming treatment. The residual nuts […]
Read more →One major achievement of the present civilian administration in the past twelve (12) years has been the revival and growth of the non-oil export market in Nigeria. Non-oil export has recorded a tremendous increase of 112.4 % in nine years spanning 2001 to 2010 with annual average […]
Read more →Non-oil exports through Nigerian ports have recorded a tremendous increase of 112.4 % increase in the nine years spanning 2001-2010 with an average annual growth of 10.34%. One of product that is exported from Nigeria and in fact the second largest non-oil export from Nigeria is sesame […]
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