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| Olusegun Awolowo, CEO, NEPC |
AGOA, an act of parliament that was
passed by the United State Congress in 2000, also referred to as Trade and
Development Act, was designed to assist economies of sub-Saharan Africa and to improve
economic relations between the United States and the region.
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 this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Speaking at the NEPC workshop on AGOA
Visa Stamp utilisation in Lagos, the Executive Director, NEPC, Olusegun Awolowo, who was represented
by the Deputy Director, National Office on Trade, Saave Nanakaan, said AGOA is also meant to forge stronger commercial
ties between Nigeria as well as other qualified African countries and the
United States; while it helps to integrate these African countries into the
global economy. He said the extension of the scheme to 2025, was because many
African economies like Rwanda and Uganda performed better than Nigeria under
the scheme.
He explained that Visa Stamp, which was
introduced on the 18th January 2016, and took effect from 8th February of the
same year, was another step to further simplify US market access of textiles
and garments from AGOA-eligible countries. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Under the process, the Office of the
U.S. Trade Representative has directed U.S. Customs and Border Protection to
permit importers to submit electronic images of appropriate export visas when
claiming preferential treatment for textile and apparel products under the Act.
Fellow Nigerians,
are you aware that our crude oil will soon become useless? Yes, it will, in no
distant time, become valueless owing to the fact that the countries that rely
on it as their only source of energy are developing more affordable alternative
sources of energy. When this finally happens, what will we do? How are we
currently preparing for this imminent economic doom? Which other sector will
continue to stabilize our economy? Nigerians, the only solution is developing
the agricultural sector. In fact, this is the only solution. Very soon, the
major source of revenue will become agriculture and agro-exports. How are you
positioning yourself to play big in agro-export business? 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? Yes, arm
yourself with the contemporary trends in export trade. This manual 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 this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Textile and apparel goods from an AGOA
beneficiary country will only receive preferential duty treatment once a visa
arrangement is established. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html Visas are issued by the government of
beneficiary sub-Saharan African countries.
“Statistics suggest a
positive balance of trade for AGOA participant countries against the US. For
Nigeria, this balance of payment does not reflect our real potential. Our
exporters really need to do better; thank God AGOA is still available till 2025
and we can still take advantage of it. This is the essence of this workshop; to
let our companies understand the operation of the Visa Stamp and fully seize
the window of opportunities that this act presents. I, therefore,
challenge you not to let this opportunity slip or pass you by. Learn about AGOA
Visa Stamp today, seize it and let the US market become a Nigerian market for
textiles and garments,’’ Awolowo said.
The Economic Officer, US embassy Abuja,
Kate Kaetzer Hodson, equally charged Nigerians to avail themselves of the
opportunity available in the AGOA scheme to build companies in Nigeria and
eventually create jobs for the younger generations. (Guardian)
Are you an exporter? Do you like
to master the contemporary dynamics of non-oil export trade and avoid getting
defrauded by the foreign buyers of your exportable products? Click on the link
below:
Have you ever imagines how the
financial status of your company will grow when more than 20,000 CEOs and top
managers of multinational companies pay for your products and services? For
more information, click on the link below:
http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html
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