Nigeria Resumes Hibiscus Trade with Mexico, to Earn $3bn Annually
Nigeria is expected to earn about $3 billion annually when it resumes exportation of hibiscus flower to Mexico from January next year.
Nigeria’s Ambassador to Mexico, Hon. Adejare Bello, disclosed this recently after the comptroller general, Nigerian Agricultural Quarantine Service (NAQS), Dr. Vincent Isegbe who represented the minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar, signed a bilateral agreement on behalf of Nigeria in Mexico.
Nigeria had maintained a good trade relations with Mexico in the exportation of hibiscus until 2017 when the relationship was suspended upon discovery that some containers of hibiscus flowers brought from Nigeria were contaminated with pests.
During the period, Nigeria raked in over $600 million annually before the exportation was suspended by the Mexican authorities.
Bello disclosed that upon his resumption as the Nigerian envoy to Mexico in June last year, he immediately swung into action aimed at resuscitating the relationship among other steps he had taken to take the trade relationship that had existed between both countries to the next level.
According to industry players, hibiscus is a major income earner for the country, with Mexico importing about 85 per cent of Nigeria hibiscus. Despite its many uses and potentials, many do not know much about it. Dry hibiscus flower is one of the key raw materials in the global confectioneries industry.
“I made some enquiries as to what led to the suspension and having been properly briefed; I took it up from there,” he said.
LG Electronics has highlighted the benefit of its Dual Inverter Compressor split air conditioner for consumers.
In a statement, the company said in order to keep themselves calm and composed throughout the day and cut down on bills, the consumers can enjoy an energy efficient split air conditioner.
According to the general nanager, Air Solution Division, LG Electronics West Africa Operations, Mr Joonkyu Song, LG’s dual inverter compressor technology enables residential air conditioners to operate at a pleasantly low noise level, enabling users to relax or rest comfortably without the distracting hum of the air conditioner.
He said, “The Artcool Mirror black embodies beauty, power, and performance while functioning as the centerpiece to any stylish, modern living room.”
The company said in the statement that the ultra-sleek black mirror and frame adds an extra touch of elegance to its already stunning appearance, making it ideal for premium style homes. The eyecatching aesthetic design of the appliance is sure to attract attention just as its convenient features are guaranteed to enhance usability.
‘‘Dual Inverter Compressor available on the innovative DUALCOOL Premium, GENCOOL and ARTCOOL Air Conditioner, eliminates the noise problem and maintains the desired temperature, saving energy, having a longer life and providing economical and silent cooling.