Tuesday, 15 May 2018

NON-OIL EXPORT: EXPERTS EMPHASIZE ON THE NEED FOR NIGERIA TO GROW GLOBAL PRODUCTS

Nigerian businesses, exporters, government and other stakeholders should build a portfolio of unique, distinctively tasteful and original products that will appeal to international consumers, participants at a forum said. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

At the conference organised by the Women in Education and Leadership Development Society in collaboration with the Business Women Group of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), in Lagos, the participants agreed on the need for stakeholders to form a common front towards enhancing the competitiveness of Nigerian products in the global market.

Managing Director, 3T Impex Trade Academy, Mr. Bamidele Ayemibo, who spoke on the strategies for “transiting from local production to global consumption”, said qualitative, tested and physically attractive products could open up the global market and related funding to small and medium enterprises (SMEs).

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:

Ayemibo, who runs one of Africa’s top five trade consulting firms, recently returned from a United Kingdom (UK) tour that included marketing of some Nigerian-made snacks, including plantain chips, potato chips, corn meal (Kokoro), locusts beans spices (Iru), pap (from maize and Guinea corn), groundnut cake (Kulikuli), pineapple snacks, mango snacks, fruits and nut mix and coated peanuts, said small-scale manufacturers in Nigeria who have good quality products but need more market and funding to scale-up and grow their businesses stand better chance of success in the global market if the manufacturers and other stakeholders address the entire value-chain of the local-to-global transition, including good preparation, competitive product, seamless and cost-effective process, adequate problem-resolution mechanisms and projective response approach that take into consideration other possibilities.

He pointed out that exporting Nigerian products for the consumption of Nigerians in diaspora would not qualify as real exporting business, noting that a product is not global because it is abroad unless other nationals are patronising it. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Ayemibo urged the government to provide incentives that could enhance Nigerian exports, including provision of amenable finance at the lowest possible cost, setting up a free laboratory that could confirm the standards of products, pre-export incentives, such as payment of freight charges to destination and leading efforts to establish private public partnership outfits that could provide consulting services to existing and prospective exporters.

He advised exporters to invest in continuous upgrade of their products in line with international standards and changing tastes in order to remain relevant and also to avoid the problems of litigation that could come with poor standards and misinformation.

“If we want to create enduring wealth for our children, create extensive wealth for the country and create everlasting wealth for the continent of Africa, then all hands must be on the deck to promote the transition from local production to global production,” Ayemibo added.

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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