NEPC
informed Council that Nigeria is going through the sharpest falls of export
revenues in her history, loosing over $100 billion US dollars (N30 trillion) of
National export revenue between 2015 to 2017 due to the crash in oil prices,
which resultant effect was recession.
Council
was informed that there was urgent need to rapidly ramp up non-oil exports as
our future earnings from crude oil face significant headwinds.
The “Zero
oil Plan” aims at earning at least $30 billion from non-oil sources in the near
to medium term as against the current earnings of about $5 billion.
The
objectives of the Zero Oil Plan is to add $150 billion to Nigeria foreign
reserves over the next 10 years, create 500,000 jobs, lift 10 million Nigerians
out of poverty and integrate each State of the Federation into the export value
chain
The
focus of the plan is on the export of the following crops – Rice, Wheat, Corn,
Palm Oil, Rubber, Hides and Skin, Sugar, Soyabeans and automotive parts among
others.
Destination
countries for our exports include; Netherlands, China, Iran, Germany, United
Kingdom, France, Spain, Italy, India, S/Arabia, among others. (Oracle)
Have you heard this? Many Nigerian exporters have been
defrauded of huge amount of money in the process of exporting commodities to
foreign countries. Do you know why? They were not trained on export operations,
management, documentations and the best methods of payment in export trade.
This is terrible!!! Nigerians cannot continue to lose money to foreigners in
the course of export business. Exporters, why don’t you get a practical manual
that teaches the stages of export trade from processing and packaging of commodities
to receipt of payment by the foreign buyers. It teaches export operations,
export management, export documentations and methods of payment in export
trade? It is a contemporary step-by-step guide to export trade. It tells all
the contemporary dynamics in export trade. To get it, click on the link below:
Hmmm!!! Folks, have you ever
imagined how the financial status of your firm will be when more than 20,000
CEOs and other key decision makers of blue-chip corporations pay for your
products and services or even give you very juicy deals. The link below will
tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html
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