MANUAL ON THE EXPORT OF BITTER KOLA IN NIGERIA

Export exists mainly in order to “transfer” commodities and
services from areas of surplus to areas where they are lacking. There is no
doubt that Nigeria has a comparative over other nations with regards to the
export of agricultural produce because over 70% of the nation’s landmass is
arable.

One of such commodity that can be found in abundance
especially in rural communities in Nigeria is kola nuts.

Kola is a product of the kola tree. It is one of the
country’s cash crops and has a socio-economic significance in the Nigeria
society.

Nigeria is a principal producer of kola nuts producing about
150,000 tons annually of which over 90 % are locally consumed.

Kola is usually in two varieties namely bitter kola and kola
nuts. Though the focus of this manual is on bitter kola export, It is important
to note that the kola nuts variety can be further sub-divided into Gworo and
Igbo Oji. While gworo is mostly consumed in the Northern part of the country,
Igbo oji is mostly consumed in the Eastern part of the country and they play a
very significant role in the custom and tradition of the people of the Eastern
region.

                                            TABLE OF CONTENTS

1. Brief Description of the Product

2. The Market

3. List of Major Buyers and Importers

4. Technical Analysis

4.1 Legal Considerations

4.2 Pre-Export Documentations in Nigeria

4.3 Post-Export Documentations (Exchange Control Documents)

5. Managing Contract Negotiations and Export Operations

6. Socio- Economic and SWOT Analysis of the Project

6.1.1 Generation of Employment

6.1.2 Source of Government Revenue

6.1.3 Foreign Exchange Generation

6.1.4 Technological Transfer

6.1.5 Increase in Gross Domestic Product (GDP)

6.2 SWOT Analysis

7. Risk Identification and Mitigation Strategy

7.2 Critical Success Factor

8. Financial Analysis

9. Summary / Conclusion