Sanusi: Sunbeth Global Concepts’ Revenue Surpassing N200bn Showcases Opportunities in Nigeria
According to Akeem Sanusi, head of business development and finance at Sunbeth Global Concepts Limited (SGCL), the company’s revenue, once below N50 million, now surpasses N200 billion, showcasing the vast opportunities available in Nigeria.
He said this at the Nigerian-British Chamber of Commerce (NBCC) members’ evening and induction ceremony, which was held on Thursday in Lagos, where he stated that the firm sees prospects in the Nigerian market as its net worth improved by exploring the untapped opportunity in the Nigerian market.
“Seven years ago, the company’s revenue was under N50 million; today, it exceeds N200 billion. This remarkable growth highlights the opportunities within Nigeria, suggesting that there’s no need for us to look outside the country, as demonstrated by the success story of Sunbeth Global Concepts.” Sanusi said, while adding that there are a lot of untapped opportunities in Nigeria that people don’t see, which is why they choose to travel abroad.
Read Also:
He said the firm started the five subsidiaries in January 2024 and each subsidiary has nothing less than 30 staff today despite the current challenging economic situation.
“We have about five subsidiaries and we source cashews and cocoa from local buying agents with the primary aim of processing the commodities before export,” he added.” “We maintain high quality output by ensuring there are the best hands which are staff, we ensure consistent training of staff and we also train farmers to ensure we source products accessible in both Europe and Asia.”
Sunbeth Global Concepts a trading company specialised in the export of raw cocoa beans and cashew nuts, has exported over 150,000 MT of agricultural commodities which include cocoa beans, cashew nuts, soybeans, tree nuts, and sesame seeds, which include securing approximately 15 percent of Nigeria’s cocoa export market share.
“I have full faith in Africa, our problems are our biggest opportunities,” Lere Baale, CEO of Business School Netherlands International said while adding that Africa is such a beautiful place and it is so cheap to live in Africa rather than other countries.
Baale said Nigerians do not understand the opportunities available while foreigners come to take over the Nigerian assets.
“There are big opportunities in Africa and people do not need to migrate to other countries.”
