Wednesday, 16 May 2018

LCCI CALLS FOR A BAN ON WOOD EXPORTS FROM NIGERIA

The Lagos Chamber of Commerce and Industry has called for a ban on the exportation of woods, saying that rather than raw wood, furniture should instead be exported. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

The President of LCCI, Mr. Babatunde Ruwase, made the call in Lagos during a media briefing on the state of the economy. He observed that the Nigerian environment was suffering from serious degradation arising from pollution, deforestation and climate change in various parts of the country.

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Ruwase noted that the negative effects of the degradation had already started manifesting in the form of desertification and water pollution, thereby adversely affecting the livelihood of Nigerians in many parts of the country.

He stated, “The herders’ crises, the restiveness in the Niger Delta and the Boko Haram phenomenon in the North-East are partly a consequence of the damage to the environment. In the light of these, we call for a ban on the exportation of woods from Nigeria. The present level of deforestation in the country is intolerable. It is better to encourage the exportation of furniture than the exportation of woods. Value addition has a more beneficial impact on the economy than primary product export.”

Speaking further, the LCCI president touched on issues bordering on the fate of local engineers in the construction sector, noting that patronage for them was very low. He also lamented the fact that 90 per cent of the Nigerian shipping sector was dominated by foreigners and sought government’s intervention to address the imbalance. (Punch)

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:

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