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Rubber Imports Increase by 106%

Rubber Imports Increase by 106% Shrinking local rubber production has forced imports to jump by 106 percent in 10 years. Data from the National Bureau of Statistics (NBS) shows that Nigeria imported N631.1 billion worth of rubber in 2013. But this has jumped by N1.3 trillion...

In 12 Years, Nigeria Exported $22trn Worth Of Rubber

In 12 Years, Nigeria Exported $22trn Worth Of Rubber   Nigeria has exported rubber and its articles worth $22 trillion since 2009. The highest was $10 trillion in 2012, while the lowest was last year with the value put at $21 million. However, Nigeria exports of rubber have...

Rubber Farmers Decry Neglect By FG

Rubber Farmers Decry Neglect By FG Rubber farmers have decried the neglect of the crop by the Federal Government. Their lamentation followed the recent intervention by the Federal Government through the Bankers’ Committee to provide loan facilities to boost the production of five crops such as...

Presco Investment In Rubber To Boost Forex Earnings

Presco Investment In Rubber To Boost Forex Earnings ...Shareholders Okay Firm’s N2b Total Dividend Presco Plc has said its new investment in rubber will attract foreign exchange (forex) earnings into Nigeria, and boost business expansion. The Managing Director, Presco, Felix Nwabuko, in an interview with The Guardian...