Agric eCommerce in Nigeria

Ibadan the heart of Oyo must have endured a lot, Let's make a quick reminder we are an Agric eCommerce company in Ibadan and have been in part of this semi macroeconomy🤔 What we experienced in the figure. Is our economic problem not just starting? 🤔 We talked about the new reality we are experiencing in prices last week CLICK HERE TO SEE IT when we talked about the price increase or better put inflation will lead to devaluation of our currency, which already happen this week AGRIC PRODUCE OVERVIEW Some can ask why all this English, just tell us price and that is all. No, this is design main for our retailer's customer and you must know how our target audience is Ibadan people. Understanding the macroeconomy we guide your trade When this devaluation has occurred some things will be more expensive, it should because the IE window has been cushioned this to this extent, not a true reflection of our currency value, don’t forget the poultry association wants to import maize. You

 This are the popular misconceptions Nigerian have about purchases and consumption of Nigeria Rice Nigeria Rice in this context is Rice produced that is farmed and manufactured/processed by Nigeria based companies. They are often non-GMO and have a fairly medium grain. Many are still of the opinion that this Nigerian Rice means it is what is called O-God Rice? What this video to find out more  https://m.youtube.com/watch?v=Kj_JWJ-NTbQ Video Outline 0:00​ - Introduction 0:37​ - Characteristics of Nigerian Rice 0:45​ - Benefit of buying Nigeria Rice 0:56​ - Suitable for More Food types 01:36​ - Powerful antioxidants 02:03​ - Reducing Diabetes 02:52​ - Price ............................ The Nigeria Rice is a work in progress and we will be surprised by the quality especially the ones produced by some brands

 Dr. Doyin Salami, Chairman of the Presidential Economic Advisory Council (ECA), and an ex-member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) saying during National Economic Outlook for 2021 organised by the Chartered Institute of Bankers of Nigeria (CIBN). That “Despite border closure, our national import of food amounted to N1.85 trillion between January and Sept 2020 – a 62 per cent increase when compared to same period 2019." What are you expecting in the real market, this; Rice Market Update Why jump in price again, I thought festivity is over? If you think that so do I🤔 Last time we talked about bean market overview, and discussed Drum. The Drum market is still as volatile as bitcoin (bad analogy for some) Rice Market WHAT IS RICE MARKET LIKE For a while now we been talking about Nigeria rice not been advantaged, what is the rice market response to this, surely even in your area you will note the demand will fall so what should be expected;........

We all have heard and know that farmers feed the world but how? Unfortunately many don’t care about how this is possible (once their delicacy is on the table nothing else) This backstage story For farmers to feed any nation and people it lies heavily on distribution, distribution is how the food gets to you. Get to your doorstep, kitchen, and table. This story is just beginning because the geographic distribution of agriculture production is more north than south. While this is true, the journey of farm produce is alarming, hazardous and the worst part is traders' greed. Part 2: Traders’ greed Traders of this our must-have items have gone through a lot of logistics, networking to get this item in their retail shop. But like other traders that want to be the most to gain from this supply chain. They definitively deserve it after some have gone to the north to get items and store them. But not at the expense of our health with heavy storage chemicals, and re-bagging. This then tilts

 There is a geographic distribution with foodstuff price, if you are not in the three categories above or not in food selling, catering as a business this might not really concern you. The fact that a raw material you use to make the food is locally source (in closer market) will not get you more profit, simply because you are doing exactly what others are doing. So what you need to simply do is find a location they sell them cheaper and ship them in. I know this might look like another much work, but like I said earlier. I am talking to the category of people in business because you already buy in bulk or better still you can predict your use of this products. Not to talk of foodstuff seller you need this to be in business, so how to be more profitable even this year is to acquire this products cheaper. If you think source from cheaper sources is difficult, simply start by checking your rice price, beans price, garri, oil, etc from another geography add delivery and compare. I bet you