Business A.M
No Result
View All Result
Wednesday, March 4, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Commodities

Farmers target $100bn Dubai import market

by Admin
August 13, 2019
in Commodities

Farmers cultivating different agricultural crops in Nigeria are hoping to tap into the $100bn annual agricultural import market of Dubai through the exportation of food items to the United Arab Emirates.

The farmers said they would explore the export opportunities in the sale of agricultural produce to Dubai.

They spoke in Abuja on Saturday at an agricultural event with the theme ‘Meet the Farmers Conference’, organised by Crenov8, an agriculture consultancy firm.

“We have been made to understand that the agro import market in Dubai is worth over $100bn annually and that the United Arab Emirates imports this much from countries around the world and so we have to position ourselves as farmers to tap from this huge market,” a farmer who participated at the conference, Christian Agha, told our correspondent.

Bola Oyedele, the management consultant, Crenov8, said farmers and government agencies in the agricultural sector were brought together at the conference to be enlightened about the opportunities that abound in the Dubai market as many operators in Nigeria were not aware of them.

She said, “From a research that we conducted and from a government agency, in this case the Dubai Municipality and Dubai Chamber of Commerce, we saw that in 2016, Dubai imported $100bn worth of agricultural produce from around the world.

“But when you check what is going to Nigeria and Africa from these $100bn imports, you will be surprised that it is something very minute. That was how the curiosity began and we started going to the agencies, government ministries and farmers, asking them why they are not exploiting the Dubai market.”

Oyedele said it was also discovered that thousands of imports into Dubai were from Africa but not through Africans, adding that the goal of the conference was to facilitate agro-trade between Nigeria and the UAE.

She said, “So if our goods were going to Dubai, why are these goods not going through indigenes of Nigeria and other African countries? It was also discovered that a lot of our farmers do not know much about the Dubai market.

“This is because many people see Dubai as a place where they go for vacation, or do one or two business. But the key thing is that in Europe and America, they have farmlands where they cultivate crops; but Dubai doesn’t have that space.”

She added, “This is why they (UAE) spend so much importing agricultural produce and right here in Nigeria, we have the resources and food which they need. In Africa, we have these food items. Why can’t we export and tap from this $100bn market?”

On whether Nigerian farmers would be able to meet the export requirements set by authorities in Dubai, Oyedele noted that farmers would be guided on how to meet the standards.

She said, “What we do as a firm, depending on the specific commodity, is that we provide information on the requirements. And when you talk about standards, the fact is that we are consuming these food items that we plan to export.

“So, it is not as if our foods are bad or poisonous or not good for health. But some countries will tell you that you must have the required certification. Therefore, the basic standard is to ensure that you meet the first requirement, which is that it is healthy enough to be consumed.”

She noted that for other requirements, such information could be provided through the assistance of the consultancy firm, especially when requested for by a particular organisation.

Admin
Admin
Previous Post

Nigeria woos Lloyd’s to build technical integrity for ship registry

Next Post

9% interest on palm oil loans unable to sustain local production- Stakeholders

Next Post

9% interest on palm oil loans unable to sustain local production- Stakeholders

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

March 4, 2026
PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

March 3, 2026
MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Google, global partners roll out new standard for AI-powered payments

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

March 4, 2026
PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

March 3, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M