Business

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With the biggest Market in Africa at our doorstep, Nigeria continues to face enormous logistic problems including both normal, routing cargo to more specialized cargo such as liquid commodities. The ports are congested due to the oil boom while demand for imported products continues to increase because of its large and growing population of 150 Million. New food industries are being set up daily to feed the nation.  This dilemma continues to remain a burden for the economic operators of materials for the food industry and the market as a whole. Costs and delays are increasing daily along with spiraling higher prices for the various industries and the market in general.

Our company is strongly positioned for the future. We are based in Benin, just 120 kilometers from Lagos, the most populous city and largest market in Africa. Our ports and infrastructure in Benin are well managed and we are linked to all the West African nations by a strong road and sea network. We have lower handling and transport costs due to the efficient operations and infrastructure we have developed. The Saranabu group with its time tested relationships is well positioned to surmount the challenges and take advantage of the opportunities ahead.

Our organization focuses on applying global expertise in the commodity business by working and educating our customers to apply these skills when purchasing from us. This includes the option of hedging futures prices on the international stock exchange for the product and lock in any foreign exchange risk from the base currency of operation. This way we offer the best possible delivery price for the industrial consumer.

As a third world region our customers face unpredictable changes in the financial, logistic, and economic laws and regulations that are not faced by the rest of the world. Secondly no customers handle this product exclusively. Oils and Fats are always a base product used in a wide range of products requiring reliable source. Therefore it is always advisable to outsource  this import to an experienced and reliable supplier who can provide the quality, service, logistics, finance and expertise needed to fulfill this task.