Speaking
at Afriexporter Expo 2018 conference and exhibition held recently in Lagos with
the theme: “Nigeria Export Industry: Product, Prospect, Profitability”,
Mamukuyomi stressed that most developing and developed nations provide
incentives to boost exports and advised the government to follow suit.
He
however commend the government for reviving the Export Expansion Grant scheme,
describing it as a scheme that buffers some of the cost disadvantages faced by
Nigerian exporters.
According
to him, a lot has to be done rapidly to translate the policies into action to
gain credibility as there must be a political and legislative will to bring
these policies to fruition. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
He
explained that the international expo is designed to promote and facilitate
international trade between the Americans, Asia, Caribbean, Europe, United Arab
Emirate and Nigeria as well as other countries in Africa as it provides a
platform for African businesses to connect global investors and financial
providers, with major focus on key economic sectors.
The
Chief Executive Officer, eBSI Export Academy in Ireland, who is also a partner
of the event, Thomas Smith,
applauded the present government for renewing its commitment to export sector’s
growth, hence urged the government to do more as exports from Africa to the
European countries over the last 10 years fell from 8.7 per cent in 2006 to 7.6
per cent in 2017.
“Nigeria has faced an unfair share of economic challenges over the
last few years and the business environment has become tougher, but it is encouraging
to see green shoots appear in the export outlook thanks to renewed government
commitment to export growth.
“I am happy to say that in terms of Irish exports that Ireland is
our number one export destination into Africa. This is appropriate given the
importance and size of the Nigerian economy within the continent. European,
American and especially Chinese interest in Africa has grown significantly over
the years and is reflected in media programs” he said.
Guest
speaker, Judson B. Welsh, advised the
government to change its mindset toward exportation of non-oil products
especially agriculture.
He
said: “Nigeria has to change its mindset and the
mindset is on agricultural industry, to process agricultural goods for sale
nationally, regionally and internationally. So that is what this is about. Nigeria
has no export industry; it only has oil and gas. So until it develops the
export industry, Nigeria is zero on the export line as they lack the knowledge
and standard required for agricultural products and packaging.
“When I first came to Nigeria, they were exporting palm oil, cocoa;
somehow over the last four years Nigeria forgot how to export, they are stuck
on a single trap going nowhere called oil and gas.
Nigeria should change her mindset toward the financial sector and
agriculture and should be smart enough to take the opportunity offered by agriculture
production process.” (Guardian)
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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