Monday, 23 July 2018

NON-OIL EXPORT COMMUNITY OF PRACTICE UNVEIL COOPERATIVE TO BOOST NON-OIL EXPORT FINANCING

The Non-oil Export Community of Practice (NOCOP) has unveiled a funding scheme through the establishment of a cooperative society as part of measures to drive non-oil export financing among its members. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

According to Titi Ojo, Exporters Voices Lead, at a 2-day event titled ‘Non-Oil Exporters Dialogue’, recently in Lagos, said there is need to create a non-obstructive workable export access that makes it possible for Nigerian products to be globally grounded.

“Funding is usually a big challenge for traders who want to export their products abroad; so the idea is to shut down all barriers limiting access to finance, before we proceed to accessing a workable approach to improving international trading,” she said.
Also, Elizabeth Nwankwo, an exporter involved in agro-processing said, in global trade, quality is of utmost importance and when given purchase order there must be enough supply.
 
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:

She stated that Nigeria does not have the facility to ensure produce quality, so local produce like beans are taken abroad to test and brought back to the country, which causes increase in pricing because of the long processing.
  
She also noted that to ensure quality control of export produce, farmers should be engaged from the outset and follow up though the process. “Your product will need specification right from the input at the farm to know the quality of goods you are producing,” she said.
  
Also, Sand Mba-Kalu, Executive Director of African International Trade and Commerce Research (AITCR) said, Geographical Indication (GI) is basically about standardising food of local origin for the global market.

“GI makes local produce accessible to the international market through a standard product. Statistically, Nigeria is at the lowest level in GI, because over the years, we have not put into consideration the issues of copyright, whereas, other countries have protected the process of their local food produce.
  
“There should be research funding to ensure that our food process is maintained by the global market; a lot of organisations, even government does not understand the procedure,” he said. (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