Saturday, 30 June 2018

NIGERIA CUSTOMS, OTHERS PREPARE GUIDELINES TO STOP UNPROCESSED MINERALS EXPORT

The Ministry of Mines and Steel Development has said that it has finalised guidelines on solid mineral export to ensure that unprocessed solid minerals are not taken out of Nigeria.

Alhaji Abubakar Bwari, the minister of state, said this during the official commissioning of AMRAN Faceting Incubation Centre in Abuja. Bwari said that relevant stakeholders, such as the Nigeria Customs Service (NCS), Central Bank of Nigeria (CBN), and the Nigeria Ports Authority (NPA) among others, put the guidelines together to ensure that unprocessed minerals was not taken out of the country legally or illegal, and sold at a cheap rate.

Hmmm!!! Folks, let us say the truth and shame the devil. Many Nigerian non-oil products exporters have been defrauded of huge amount of money in the process of exporting agricultural commodities and solid minerals 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, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, 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:

“Nigeria is endowed with gold and gemstones located in several states but are presently being exploited by Artisanal and Small Scale miners (ASM). These minerals are mostly smuggled out of the country in an unrefined and unprocessed form, leading to massive loss of revenue for the government and producers,’’ Bwari said.

Bwari appreciated AMRAN’s effort for establishing a faceting incubation centre where gemstones were being cut and processed instead of being taken out of the country in their raw state. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html According to him, adding value to minerals before they are exported will go a long way in contributing to the nation’s Gross Domestic Product (GDP). He also commended AMRAN for its proposed plan to establish a gold buying centre, gold refinery and jewelry centre in Nigeria to further reinforce the massive potential that could create wealth and job opportunities for the youth.

The minister of state urged the company to operate in line with the provisions of the Nigerian Minerals and Mining Act, 2007 and its pursuant Regulations, 2011. He also advised the company to ensure transparent and competitive pricing mechanism that would facilitate patronage by gemstone producers and dealers.

Earlier, Alhaji Lamba Zannah, the Chairman, AMRAN Mining Company, said the major problem facing the sub-sector is the exporting of a significant proportion of unprocessed minerals. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html According to Zannah, most of these minerals are exported to Hong Kong, Thailand, Germany, China and the United States. And jobs associated with value addiction of those products exported would create wealth and other benefits to those countries.

He said, “This must not be allowed to continue, otherwise our country that is blessed with abundant mineral resources will be left with nothing.’’ (Leadership)

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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