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How to save and invest with PiggyVest and get huge returns

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How to save and invest with PiggyVest and get huge retunes

In those days the use of piggybank or kolo was what many of us to save our money, but as science and technology have improved along with saving and investment. One of the improved ways of saving and investing is PiggyVest.

In this way, I present How to save and invest with PiggyVest and get huge retunes.
Saving and investing is an important aspect any person who thinks of the future will engage in. In those days the use of kolo or Esusu to save money required discipline as emergency fund might come which will require the person to break the time period of saving his or her money or the person might be tempted to spend the money unnecessary.

PiggyVest provides you with the option to save your money in a strictly locked day to be released on your set date. It also provides you with the option to save either daily, weekly or on your desired day and amount. You can also join other people to save money on a fixed amount it could be towards the year ending or in a 5 month period.

In today’s world we have financial institutions such as the bank, fintech companies, and other saving and investing opportunities that can help you save your money toward setten goals it could be to start a business, pay for school fees, pay for house rents, travel abroad or something else, PiggyVest provides you with all these options and many more.

And fast forward to this present age you don’t need to be there physically to save and invest your money. They are online saving and investment opportunities that you can do comfortably online right now either with your Smartphone or laptop without being physically there. PiggyVest is a saving and investing app that gives you such advantages to save your money and also invest your money on profitable platform with added interest and bonus.

How to save and invest with PiggyVest and get huge retunes

What is Piggyvest?

PiggyVest is a registered online and App saving and investment platform. Founden by co founders Joshua Chibueze, Odunayo Eweniyi, and Somto Ifezue. Launched in 2016 formally known as piggybank.ng. PiggyVest is the first saving and investing platform in West Africa.

However piggybank.ng launched only as a saving platform in 2016 when it was known by its formal name Piggybank.ng, as at April 2019 they rebranded to PiggyVest making saving and investing accessible to its users.

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Many people are asking is piggyvest legit piggyvest is legit and approved by the CBN.

Adding investment to its features, PiggyVest has been associated with different banks in West Africa making saving and investing with PiggyVest secure, available and easy for its users.

What does PiggyVest do?

PiggyVest helps its, users, to save their money and invest through the easiest method. What this means is that with PiggyVest you can save your money in form of daily contribution either daily, weekly or at your desired time with your own fixed price, it could be 500 naira daily or more or less while still having the option to redraw your money at your fixed time.

Simply if you want to save money for projects, business, school fees, to travel abroad or any others thing and you are not sure you can save it on your own without spending it. PiggyVest would help you do that while giving you interest, bonuses while you save your money.

While in the investment platform PiggyVest gives you the opportunity to invest your money in Profitable platforms like farming, fishing, transportation and so on. With a starting of 5000 naira after the investment duration, you would be given back Your money along with 25% interest. While giving you the option of not Only saving but getting more than you save with their investment platform and you can also go for the mature plan for bigger interests.

How to create an account and register on PiggyVest

How to save and invest with PiggyVest

Step 1: Visit the PiggyVest official website https://www.piggyvest.com on your phone or PC.

Step 2: once on the home page, click on the create free account button.

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Step 3: After that, you will be redirected to a form where you are required to fill in your details such as your full name, email address, phone number, and password. Click on the create account button when done. Take note of your email and password as it will be used regularly when using the app.

Step 4: Download the PiggyVest App, to download the PiggyVest App on playstore click here, if you are using an iPhone click here to download it on the App store.

Step 5: Login in to your PiggyVest account, click on the login option and type your phone number or email used in creating your PiggyVest account and type in your password in the next text box. Then click on the Login button.

Do I need to give my BVN to PiggyVest?

Yes, to begin investing and saving your money on PiggyVest you are required to give your BVN details reason being that with your BVN PiggyVest would be able to carry out a smooth transaction of the money you save to your bank account and also make saving faster and easier. Note that PiggyVest would also require you to give your bank account details.

What Licence does PiggyVest have?

PiggyVest is licenced by the NDIC and CBN to ensure security to all the funds deposited on the PiggyVest account.

Can PiggyVest be trusted?

PiggyVest can be trusted as it has helped millions of Nigerians gain wealth through saving and investing.

Is PiggyVest approved by CBN?

PiggyVest is approved by the CBN as a matter of fact PiggyVest is seen as a microfinance bank to help Nigerians save and invest.

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Is PiggyVest approved by NDIC?

PiggyVest is approved by NDIC, and have been recognized as a major fin Tech app in Nigeria and one of the First saving and investing platform in West Africa.

Can I use PiggyVest without BVN?

No, you can’t use PiggyVest without BVN, you are only required to give your BVN details once after that you wouldn’t be asked again. Every individual who has benefited From the PiggyVest platform have given their BVN details when registering.

How to verify your BVN on PiggyVest

To verify your BVN
Step 1:Select “My account” This option is located at the end of the page.
Step 2: Select My BVN setting
Step 3: Add your BVN number “11 digits” and verify it.
Step 4: PiggyVest would verify the BVN either by calling the number associated with it or through text message.
Step 5: Save your BVN, type in your password and select Save BVN.

Now that you have learned more about PiggyVest let drive into How to save and invest with PiggyVest and get huge retunes:

Saving on PiggyVest means you want to save setten amount of money in your account either daily, weekly, monthly, or on your custom day. Without using it until the desired period.

This can be a short, medium or long time saving. After you can redraw your money directly to your bank account and use it to your need. Bonuses and interest are added to the money you save on PiggyVest depending on your duration and saving option.

While investing on the other hand on PiggyVest means you want to invest your money into the investment platform provided by PiggyVest. After investing large interest would be paid to you alongside with your money when you want to redraw it.

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You can both save and invest with PiggyVest, it is important to note that you must have saved some amount of money on PiggyVest account before you can start investing.

How to save on PiggyVest

To save on PiggyVest after logging in to your account. You will need to connect your bank account to your PiggyVest account. So that you can have the autosave option available which is you can set an amount you want to be credited to your PiggyVest account at a particular day or time. PiggyVest has a lot of saving option this option include:

1. Quick Save

This feature enable to save money on PiggyVest manually. This means that you type in how much you want to deposit to your Piggyvest account. PiggyVest quick save enable you to save money for as low 50 naira at a your desired time and as you want.

With the quick save any amount you want daily or weekly, you can also set a desired day for saving. You can desired to save 500 naira daily to your PiggyVest account manually.

2. AutoSave

The Autosave option enables you to save your money automatically once you have linked your bank account details. This option help you to do either daily saying or weekly without doing it manually.
It can be done automatically once the feature is enabled. You can save your money to your PiggyVest or piggybank with just a tap and the rest day are automatic. This is good if you are interested in doing daily, or weekly saving. No amount is too small in PiggyVest.

3. SafeLock

What better way to save your money and only redraw it at a particular fixed day if not safe lock. With safelock you have the feature to save money directly to your safe lock account without redrawing it at your set date. Although you can. Break the rules but this will require PiggyVest to charge you. The longer your money stay in safelock the bigger the interest increase.

4. Target Saving

Treat saving enable to save for setten interest or goal along side with the option to save with other people or on your own with a fixed day to meet the target amount you want the save and the day you want to redraw. By meeting your target Amount you will be given interest and can redraw your money without any charges.

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5. Flex dollar

Flex dollar is a PiggyVest feature that allows you to save your money in dollars and also redraw them. With flex dollar you have the option of saving your naira without any inflammation. You can also redraw your flex dollar in to your dormitory Bank account.

6. Flex naira

This is a saving wallet that saves of your interest from saving or performing one activity or the other on PiggyVest. You are given 8 per cent interest per year on the interest you save.

7. PiggyBank

PiggyBank enable you to save money to your PiggyVest account either manually or atomatically from your bank account. You can also deposit money through your unique account in any POS machine or bank account.
PiggyBank allows you to redraw your money 3 times a month and after you would be required to pay setten fee. Also redrawer free days are also available. The purpose of PiggyVest is to encourage saving and investing among it users.

How to invest on PiggyVest

How to save and invest with PiggyVest

PiggyVest provides a platform where you can invest setten amount of money and get your money back along with your interest and bonuses at setten date. This platform is called investify.

investify provide you with the option to invest in Profitable sectors such as farming, agriculture, cattle farming, transportation, crypto currency and so on. With 5 thousand naira you can start investing with PiggyVest and Also you also go into their mature plan where you invest a bigger amount of money.

Frequently asked questions about PiggyVest

How do I delete my PiggyVest account?

If you find that you no longer want to use PiggyVest you can contact PiggyVest support on their official website or mobile app make sure you are Login to contact them and send the your request to delete your PiggyVest account.

Can I have 2 PiggyVest accounts?

No, you can’t have 2 PiggyVest account. Running two multiple accounts on PiggyVest is not possible because to use PiggyVest you need to make use of your BVN. Which PiggyVest only allow one user to one BVN.

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How much interest does PiggyVest give?

The saving and investing platform available on PiggyVest gives 10% to 13% interest and can even go more. Depending on your commitment to saving and investing.

Why Choose PiggyVest over your usual Bank?

They are many reasons you should choose PiggyVest over your usual Bank account.
1. PiggyVest provide you with more discipline in saving, your usual Bank gives you access to save and redraw which is good but how many times have you actually saved? You may have a savings account but you found out that you keep spending your money unnecessarily. PiggyVest helps you improve your saving, which features like safelock and likes if others.

2. PiggyVest gives you higher and guaranteed interest, PiggyVest pays you interest of 6 to 15% while saving and more than 25% on investment. While bank pays you a maximum of 4% while still charging on ATM and alert usage.

3. PiggyVest gives you no charges such as maintenance fees, transaction fees and so on.

4 PiggyVest gives you access to save towards a goal and interest. Alongside you can join others to save and get motivated as they save towards similar goes.

Also read, How to send money abroad 6 easy ways

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BUSINESS

Top 5 Political Campaigns in Nigeria

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The elections are here again and with the elections in full swing, things are heating up. Awesome ampaign agencies internationally such as Brand Envoy Africa, impact politics, Anttention Media have done amazing work that helped secure political positions for candidates and winning over the electorate.

Let’s take a peep down memory lane into the top 5 political campaigns we’ve seen (or read about) in Nigeria since the 1950’s.

1. Moshood Kashimawo Olawale Abiola, SDP 1993

Top 5 Political Campaigns in NigeriaThat year’s election is still regarded in many quarters as perhaps the freest and fairest election Nigeria has ever had. Chief Abiola campaigned on the slogan Hope ’93 and smarting from the Structural Adjustment Policy, SAP, of the Babangida regime that had sapped many Nigerians economically, Chief Abiola’s message rang a bell especially with that memorable jingle. The result was a resounding vote for the Social Democratic Party candidate.

2. Goodluck Ebele Jonathan, PDP 2011/2015

Top 5 Political Campaigns in NigeriaGEJ’s presidential campaign in 2011 was a big hit Promising a breath of fresh air, he played the role of the underdog to a hilt especially with that famous line “I had no shoes”. The African campaign agency “Brand Envoy Africa played a key role. His message resonated with the Nigerian masses as they lapped up to him. He gave many hope that ordinary people could rise to the top in Nigeria, he became the poster boy for the new Nigerian dream and despite some irregularities in the elections, he won. The rest as they say is history.

3. Peter Ayodele Fayose, 2014

Top 5 Political Campaigns in NigeriaImpeached in 2006 on charges of corruption, Governor Fayose was back in power in 2014, defeating the cerebral Kayode Fayemi in the process. Although his campaign didn’t have any clearly defined message, Fayose endeared himself to the electorates with a good mix of populist tokenism (or stomach infrastructure as he called it) and street smart. While his opponents hit it big on social media, Fayose ate pounded yam and drank palmwine with the ‘real’ voters and for all his troubles, he beat the incumbent in all the 16 local government areas of the state.

4. Babatunde Raji Fashola, ACN 2011

Top 5 Political Campaigns in NigeriaIn 2010, BRF as he’s popularly known was contesting to be re-elected as governor of Lagos, Nigeria’s economic nerve center and on the basis of his performance in his first term, his candidature was quite popular with the electorates. However, the SAN with a sound mind gave nothing to chance as he went all out, campaigning on the platform of continuity…’BRF is working’ his posters screamed. The result was a landslide victory at the polls, leaving the People’s Democratic Party candidate far behind in a cloud of dust.

5. Obafemi Jeremiah Oyeniyi Awolowo, AG 1959

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Top 5 Political Campaigns in NigeriaChief Awolowo’s Action Group was at the time regarded to have been the best organised political party in Nigeria with a clearly defined ideology and manifesto and he ran an equally efficient campaign in that year’s elections. Awo traversed the length and breadth of the nation in helicopters, reaching out to the commoners with a promise of improved welfare, free education and health as espoused by his political party. Although Awo’s party couldn’t secure enough votes beyond the western region to have enabled him become Nigeria’s first prime minister, his campaign was undoubtedly innovative and far ahead of its time. Some other time, some other clime perhaps history would have been different.

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Workplace Extramarital Office Affairs: How To End It maybe retain your job

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Workplace extramarital office affairs are more rampant than we think. In a work environment, sharing accomplishments, risk and intensity can open up new levels of intimacy between colleagues. The long hours put in at the office in close proximity with that colleague does not help either. If these situations aren’t handled properly it could trigger the budding of a work-place affair.

Office Extramarital Affair Facts You Should Know…

After understudying workplace affairs for a period, a pattern began to emerge. Facts that I believe everyone currently involved in or romanticizing with the idea of kicking off an office affair should know.

  • 39% of workers had relationships in the office at least once
  • 35% have kept office affairs hidden and tried to sort it out even though they knew it affected their work
  • 24% are attracted to someone of the opposite sex who had similar jobs
  • Office Affairs were most common  in the following sectors: Banking & Finance, Hospitality & Leisure, Information Technology, Healthcare, Media/Entertainment and Business Service

Only about 17% of these affairs end in marriage. The other 83% ends in personal, marital and professional problems with far reaching consequences that would be discussed in the real world by ex-colleagues many years later (when they see you). The decision to either continue with or end an extramarital office affair is something I totally leave up to you. However this article is for the latter group. The hardest part about having a workplace affair is seeing each other after you have decided to end things with an affair partner. However its not a totally lost cause because there are basic steps you could take to begin correcting this mess.

After being blessed enough to sit with individuals going through the issues associated with an office affair, i am going to give you the quickest way to end an office affair and MAYBE still get to keep your job.

Cut Down The Time Spent Together

You need to start creating some distance between yourself and this affair partner. What you will achieve with this is to gradually bring back the correct work ambience you both enjoyed before the fall (sorry, before the affair began). This is the point you need to start bringing food to the office so you don’t need to go to lunch together. When a task has been completed take your belongings and leave. When you end things quick, that is what is considered a real ending. These measures help you quickly bury the relationship. You know everywhere both of you used to bump into each other? the backroom, the cafeteria please avoid all those places when you know they would be there.

Do not expect that these evasion tact’s of yours would be welcome with an understanding nod. Harassment or blackmail might become something they resort to in a bid to get back at you for stopping something made in heaven and breaking their already broken heart. Your job at this point is to quietly gather all the messages, record conversations, take screenshots and then taking it to the company’s HR department. At this point, if your ex-affair partner is a drama king/queen who does not mind losing their job as long as they take you down with them, you have to make a quick decision to either get a new job or get transferred to another department/team. If their job is still important to them then you have to let them understand that your lawyer already has the fact file gathered and one other bleep from them would have you filing a harassment lawsuit.

 

Do Not Beat Around The Subject

Now you have done a good job at avoiding them but somehow they managed to corner you and want an explanation to what is happening. Directly tell them you are done. Do not say it in a way that makes them believe there is still hope of rekindling things with you. Inform them you want to work on your marriage and clearly state that you do not want them contacting you. This saves you loads of texts, chats, emails or phone calls on the subject. At this point, if your spouse has found out about this affair a well written break-up letter will help them stay in the loop on how things are going and shows your seriousness towards ending the affair.

Do not Allow Them Contact You Again (discard every memorabilia)

When you are having an affair Adrenaline and serotonin are two basic hormones pumping through your veins. One takes care of the pleasure and the other handles the edgy feel. This is somewhat similar to what keeps an addict constantly in a loop. This is the point you must inform your spouse that they tried to initiate contact. Having an accountability partner works at this point. If your spouse is not aware simply get a professional therapist bound by client confidentiality agreements to help you navigate this period. This is the point you limit contact via phone, personal email, social networks or otherwise, and also blocking future messages. If they got you anything burn it or give it away. This steps will help you break the urge to want to go back.

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Sort Out What’s Missing in Your Marriage

Now that you have been able to cut yourself off and maintain the discipline to sustain those decisions of yours, this is the time to work on your marriage with your spouse. My workbook on Affair recovery could help at this point because the thing your partner wants to know is not “How sorry you are”. They first want you to answer the question why. The time for apologies will come but its not the main thing. Communication must be worked on reflections around what you did wrong must happen. Then seek out a professional marriage therapist around you to assist the both of you at this point. If your partner on the other hand is not aware of the affair , then you have to make the big decision of informing your partner about what you did or not. If you finally decide not to tell your partner you have to be sure the reasons behind that decision is properly vetted because if it isn’t that could become the springboard for another affair.

Research has shown that when you confess to having had an affair a third of many relationships survive infidelity but when you have been caught it’s usually harder rebuilding trust and getting to the point of forgiveness.

To anyone out there struggling with similar issues my general advice is always this. If you feel an attraction to someone in your office, consider a transfer to a different department, a different position, or maybe you should quit. No job is more valuable than your marriage. Being honest with yourself is the first starting point. If you’re dressing real nice to catch the attention of a co-worker, you better stop before you lose it totally. Hanging around the office common areas hoping to bump into that person does not help either. Not only is it cheap especially if its just a fling for the other person its just downright wrong. If your spouse was there you would definitely not be doing all of that. That is your first boundary. Secondly if there are issues with you and your spouse and maybe you feel a bit justified doing what you’re doing, then use a spiritual boundary, If God was in front of you, would you be doing this? If this does not stop you either then my brother, my sister i drop my case. Whatever you have to hide or lie about, don’t do it at all.

This may not have been the most exciting of articles especially if you are caught up in a situation-ship as they call it at you workplace. However i just told you everything you need to help you navigate this affair and come out clean without losing your job or your home. If you’d like to let us know how this went for you, feel free to contact us via email.

Written by Obike Temple.
Temple Obike is a licensed marriage and family therapist, speaker, author and psychotherapist who has counseled over one thousand, two hundred clients comprising of couples, individuals, abuse victims (substance, physical, emotional and sexual) and grief-stricken clients. With over 70,000 in-counseling minutes (1,000+ hours) accrued in practice.
He runs his private psychotherapy & counseling practice out of Lagos, Nigeria and has counseling centers in Abuja and Port-Harcourt. His practice also provides options for both online and on-site services. His private practice has positively empowered lives through his online counseling, podcasts, free advisory services and free online materials.  
Readership of his articles also receive a growing number of visitors alongside subscriptions to his email newsletter at templeobike.com. His passion for empowering and uncovering the secrets to lifelong marriages and personal development led to his new book titled “Soul Bodega” available on amazon and across other online and traditional stores. Never give up on yourself! You are a journey happening through various destinations. Follow us on Facebook, Instagram, LinkedIn, and visit our website for more info!

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BUSINESS

20 Things You Can Export From Nigeria and Make Dollars

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Finding the right type of business to start up is one of the most difficult things many people have to face. As a result, 9 out of 10 businesses fail in 10 years, and most of the last ones standing do not survive the next 10 years that follow.

The same applies to finding the right type of commodity to export.

The export business in its own right is a highly lucrative business to venture into, but determining the right type of commodity to export depending on the profit margins you’re targeting can sometimes be a problem.

While some exporters are okay with netting profit margins of between 10-30% per non-oil transactions, many others are uncomfortable with that, especially as an export cycle in a country like Nigeria is about 45 days, and so, would want to make the most of the time and possibly make up to or more than 100% profit on the commodity exported.

If you’re looking for high-margin commodities that can take your export business from 0 to 100 in 45 days, here are 2 hot-selling commodities that you can export to make up to or more than 100% profits on every sale:

1. Ginger

Ginger is one of the most traded spices in the world which Nigeria happens to be among the largest producers. Why we are not exporting ginger in large quantity is beyond me. You can start a Trans-Sahara or Trans-Atlantic trade with this goods and be making dollars on regular basis. Garlic is also on top of the list of items you can export from Nigeria.

2. Palm Kernel Oil

Palm Kernel oil is the oil extracted from the pulp of palm fruit which is different from palm oil. Palm Kernel Oil is used for the manufacturing of various cosmetics, pharmaceutical products and confectioneries. The uses of this oil is broad and the mineral contents are said to be rich in protein for various uses. Nigeria has it quantum and makes dollars exporting it to other countries of the world.

3. Textiles and Garments

This industry alone generates close to $32bn as revenue from export from Nigeria. It is also a fact that unlike other products that battles with high strict rules of tests, Nigeria’s textiles enjoy duty free passage into United States where it has the largest market in the world because of its unique designs, ethnic African designs and quality.

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4. Cocoa Butter

This is the real sources of chocolates of all types. The fruits of Cocoa is used for the production of various skin care products, health products, and pharmaceutical products. The demand for Cocoa is very high in both America and UK and that is why cocoa farming is very essential in Nigeria.

5. Gallstone

This is a clay-like solid substance gotten from the gallbladder of matured cow and oxen. The size could be as big as chicken egg. Gallstone is a hotcake for foreign pharmaceuticals because they use it for medical purposes. If you could lay your hand a good quantity of well dried gallstone about 100g that is well packaged, ready buyers are waiting for it in either Asia or America.

6. Rubber

Nigeria has put in place proper Central Testing Laboratories to ensure that only certified products leave the country to Europe and America. Nigeria happens to be a significant producer of Rubber in Africa. A cubit meter of fine quality rubber goes for between $400 and $600 presently because of the instability of dollar rate in the market.

7. Sesame Seed

This may sound a bit strange if you are not from the area where it is produced in the country. Sesame seed can be found in quantity in places like Benue and Jigawa states in Nigeria. This product ranks second to cocoa in terms of export volume and foreign exchange earnings. Nigeria is the 5th largest producer of this commodity and shipping it into foreign countries brings dollars exchange.

8. Honey

Pure honey is another export commodity from Nigeria to other countries. Presently, a kilogram of honey costs above $150 in the international markets. Pure natural honey contains trace enzymes as sugar, mineral, vitamins and amino acids. A litre of honey can fetch good dollars in the foreign market.

9. Shrimps

The Niger Delta region in Nigeria is blessed with rich organic deposits of Shrimps. The demands for Shrimps is high in countries like Portugal, France, Belgium, Spain, and USA.

10. Garlic

Garlic is a cash crop which is grown under irrigation by farmers in the Savanna areas in Nigeria. With internationally certified good quantities of garlic, you are sure of foreign hard currencies.

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11. Yam Tubers

Nigeria is presently the highest producers of yam. In 2009 alone, yam export accounted for about US$450 million exchange. But due to low quality, it is saddening to know that the country is not maximizing its export potentials of this products. So there is need for prospective exporters of yam to foreign countries to adhere to quality regulations that is guarding the process. Yam farmers must take this into consideration and tap from this opportunity.

12. Charcoal

This is at the fore front in the international market. This product which is produced in good quantity in Nigeria with now perfected technology, has about 50% ROI.Even an individual can own a charcoal production outfit and have exporters shipping it for him. A large market for charcoal exists in ASIA, EU, and USA. A tonne of this product goes for about $1000.

13. Cotton

This sector recently received a boost from the National Cotton Association of Nigeria (NACOTAN) of N33 million to rehabilitate it. Cotton is the most natural sources of fiber and it is in demand internationally.

14. Cassava Flour

We already know that Cassava is food for all in Nigeria because of various methods of preparing it. There is need for this in the foreign markets as well. The demand for well processed cassava flour is increasing both in Europe, Middle East and in America.

15. Cashew Nuts

Almost every part of the country has the potential to produce this international commodity. Great quantity of unprocessed raw cashew nuts are exported to India, Brazil and Vietnam where they are processed into kernels and moved to the Northern America and Europe where they are sold for about $2 per pound. The demand is on the increase from these consuming countries.

16. Snail

If you can produce snails in good quantity, there is a ready market for you. Snails are hotcake in European and America. The good thing about this is that it is very easy to rear as it produces rapidly with close to nothing in expenditure for feeding.

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17. Chili Pepper

Nigeria is blessed with good weather which supports the proper growths and production of the internationally accepted pepper. If you can grow and source for the export opportunity, you are sure to get it.

18. Fruit Juice

It may sound somewhat strange to many that Nigeria provide export opportunity for fruit juice concentrates. Yes, we have it because Nigeria can boast of so many naturally grown fruits all over the country which provides the best of fruit juice products of great quality. The opportunity for Nigerian fruits concentrate export is huge in USA.

19. Poultry

Forget about the facts that some greedy Nigerians go about smuggling chicken into the country. When we talk about poultry, it involves all domestic birds, egg or meat.

Nigeria poultry farm products are still highly needed both within Africa and Western countries because Nigerian weather conditions for poultry farming still remains the best. Poultry products export from Nigeria is an avenue that is still highly untapped.

20. Cosmetics and Soap

Nigeria has grown in this very important area but the only challenge that is holding us back is procurement of good technology to produce cosmetics in great quantity to compete favorably with other developed countries.

Soap making, which extends to other toiletries, laundries and so on are already export opportunity waiting to be invested in. Nigerian cosmetics products can be exported to other African countries where they are badly needed.

Nigeria has big market in soap industry already which other neighboring countries travels thousands of kilometers to get in big quantities to sell in their countries for good profits. If that area is properly looked into, the investment opportunity there are still virgin. If well harnessed, could mean a huge opportunity for foreign exchange. This exchange will further improve the underused avenues of cosmetics and soap industry in the country.

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If the exporters from Nigeria could strictly follow the rules guiding export, more avenues can be opened up for others who are aspiring to join in making export from Nigeria available to other countries around the world.

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STRIKE: NAFDAC may lose WHO maturity level 3, ISO certifications

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Following the ongoing strike action embarked upon by the Medical and Health Workers Union of Nigeria (MHWUN), National Agency for Food and Drug Administration and Control (NAFDAC) branch, almost three weeks ago, the agency may lose all the certifications it got from the World Health Organisation (WHO) and other global bodies, The AUTHORITY has learnt.

It would be recalled that MHWUN NAFDAC branch began an indefinite strike on Wednesday, June 22, 2022, for many reasons including welfare. It would also be recalled that NAFDAC staff went on strike in 2014, 2015 and 2016 on the same issues.

NAFDAC achieved the ISO 9001 in June 2019, and also got the WHO High Maturity Level 3 in March, 2022.

With the Maturity Level 3 certification, it means that any product produced by NAFDAC will be recognized as meeting the WHO standard globally.

At a recent media briefing in Abuja, the Director General NAFDAC, Prof. Mojisola Adeyeye, disclosed that her agency had since commenced work to attain Maturity Level 4 status.

All these successes, our findings have shown, will go down to the drain due to the ongoing strike embarked upon by the workers of the agency.

Findings from a dependable top source at NAFDAC disclosed that before the WHO and other global bodies gave the ISO certification and the Maturity Level 3, three components were examined and considered before the approval.

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The top source who pleaded anonymity, disclosed that the three components that were considered include one; staff retention and sustainability, two;  staff welfare, three; there must be mentoring.

However, the source expressed concern that following the strike, all the three components can now be considered at zero.

The source explained that because of the prolonged strike: “The staff welfare is zero, staff retention and sustainability is zero and mentoring is zero.

“This strike has really shown that there is no welfare, no retention and sustainability.

“Today if the workers decide to write to the world regulatory bodies, they can withdraw all these approvals and certifications and NAFDAC  will have to start from the scratch.”

Following this development, a reliable source at the Federal Ministry of Health disclosed that the management of the ministry is not satisfied with the actions taken by Director General of the NAFDAC, Prof. Mojisola Adeyeye,  to resolve the issues so that the workers can go back to work.

The source who pleaded not to be named because she is not authorized to talk on the matter said that the ministry is worried that instead of making efforts to resolve the strike, the NAFDAC Director General decided to travel abroad.

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“NAFDAC is a very sensitive agency. Many things in the country including safety of foods and drugs will get bad within this period due to the strike.

“We are concerned that instead of her working day and night to resolve the issues, she decided to stay away. The last time we were looking for her, we were told that she is outside the country. Who is she expecting to go and resolve the issues for her?

“In fact, we are not happy with her. She is lucky that the current minister is a patient person if not that could have cause her that position. But who knows what may happen in the days ahead if she did not sit up,” the source said.

However, speaking with our correspondent on telephone, the Chairman of the MHWUN, NAFDAC branch, Anzuka Peters, said that the union tried to ensure that the strike is averted but that the management was not willing to resolve the issues.

Responding to a question on some of the issues under contention, Peters said: “One of the reasons why we are on strike is that we have promotion areas of five years including 2018, 2019, 2020, 2021 and now 2022.

“Secondly is the issue of salaries. NAFDAC workers currently have no salary scale. They migrated us from Consolidated Health Salary Structure (CONHESS) to Research and Allied Salary Structure (CONRASS) which is alien to NAFDAC. NAFDAC  is not a research institute. “That makes many workers to loose over N100,000 to N200,000. Others N50,000 depending on one’s rank. The least some people lose is 30,000 naira. That problem has not been solved.

“The federal government said they are ready to implement our Consolidated NAFDAC salary structure but that there was no money.

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“They therefore, advised us to go and look inward in our revenue whether we can get some allowances that will be in commensurate terms with the salary we are asking for.

“We sat and created regulatory allowance, hazard allowance which we increased from 10 per cent to 30 per cent and other allowances which we arrived at a conclusion and we all agreed. But the management seems not ready to implement any agreement.”

Responding on the possibility of losing the WHO certifications and the Maturity Level 3 due to the strike action, the NAFDAC Media Consultant, Sayo Akintola, said that the WHO Team that conducted the assessment using its  Global Benchmarking Tools that qualified NAFDAC for Maturity Level 3 commended the agency on the significant progress in the implementation of recommendations across the regulatory functions.

According to him: “Staff welfare was a key  WHO-GBT used in assessing NAFDAC. The ML3 rating for Nigeria is for medicines regulation and  vaccines.

“It’s impossible for the certification to be withdrawn over workers’ strike. Worker agitation for improved welfare is a global phenomenon.  It’s a legitimate demand and management of NAFDAC is on top of the situation as negotiations with the union leaders are ongoing and they are making progress.

“Staff welfare has been paramount on the heart of the DG and she’s doing everything humanly possible to enhance the welfare of her staff whom she always commends for the milestones she has been able to achieve in the agency.”

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