Wednesday, 6 June 2018

NIGERIA RECORDS 59.9% EXPORT GROWTH, SAYS BUDGET AND PLANNING MINISTER, SENATOR UDOMA UDO UDOMA

Senator Udoma Udo Udoma
The Minister of Budget and Planning, Senator Udoma Udo Udoma, on said the country’s total exports appreciated by 59.9 per cent between 2016 and 2017 following the implementation of the Economic Recovery and Growth Plan (ERGP). http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Senator Udoma spoke at the FT Nigeria Summit sponsored by First Bank of Nigeria Plc and others in Lagos. He said the non-oil sector accounted for the growth recorded. He said the agricultural sector export grew from N6.7 billion in 2016 to N170 billion in 2017, and that yam was among the products exported.

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:

The minister said the solid minerals export also rose from N44 billion in 2016 to N102 billion in 2017. According to him, the ERGP and other government policies had made great impact on the economy.

Udoma said the country’s business climate had improved with the government focusing on creating an environment for private sector investment. “We have tackled those issues that made Nigeria not to be competitive in the past such as ease of getting visas and acquiring lands, among others,” he said. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

The minister said the growth of other indices like foreign reserves, inflation rate, Gross Domestic Product were encouraging and made the economy more resilient. “We have built up our foreign reserves, in June 2016 it was 26.51billion dollars but today it’s about 44 billion dollars,” he said.

He said the growth in the country’s reserves was achieved with prudent management.

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