DO YOU WANT TO COPE IN THIS ECONOMY? TRY THIS FORMULA.
“All of us might wish at times that we lived in a more tranquil world, but we don't. And if our times are difficult and perplexing, so are they challenging and filled with opportunity.” -RFK.
Nigeria has been coping with a dire financial situation for some time now, and Analysts are saying the currency issues facing the country may linger till 2019, which means succour might not be just in sight yet, and we have to brace ourselves for more austerity and its attendant effect, which might include, more layoffs, businesses closing down, investors relocating elsewhere, unstable oil price, rising price of commodities, and limited or no access to basic amenities and services. In the face of all these challenges, the facts in the public space all seem to be pointing to one sector of the economy as the way out of all this problems, but are you ready to explore this solution?, because the solution to this crisis is in our collective hands, and we need to start doing something.
One of the best performers among firms quoted on the floor of the bourse, Oil Palm producers in recent times have recorded strong margins, higher returns on investment, and strong sales amid a harsh operating and macroeconomic environment, which means these firms has outperformed the benchmark All Share Index(ASI). Nigeria's cocoa exporters are smiling to the bank as the steep devaluation of the naira has resulted in a sharp increase in the naira income from cocoa exports (Businessday Newspaper, Mon. 07 Nov. 2016). These information compliments the fact that agricultural produces/product is gradually attaining the Gold status, and those that are engaged in the business are reaping huge profits irrespective of the economic situation of the country, so why would you not tap into the emerging boom in this sector?
At ALM Consulting and Trustees Limited, we support our client to ensure they survive this difficult business climate pervading the nation, and we guarantee that our plans, processes and implementation, is geared towards enabling our client meet their financial obligations through our various products, which includes Education trust services, Target savings trust services, financial advisory, business advisory, tax advisory services and much more, visit our websites, http://www.almconsultingltd.com for more information, we are available always to help you navigate and make the best of the business climate in Nigeria.