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| Olusegun Awolowo, CEO, Nigerian Export Promotion Council |
Awolowo,
who was recently re-appointed, said the move will be enhanced by the full
implementation of the Zero-Oil pillar of the Economic Recovery and Growth Plan
buoyed by the recently launched National Economic Council Committee on Export
Promotion.
He
gave the assurance a few days ago in Abuja while speaking to newsmen shortly after
resumption as the Chief Executive Officer of NEPC following his re-appointment
for a second term tenure of four years by President
Muhammadu Buhari.
Awolowo
said that to further achieve the new vision for the country, the Council will
work with the National Assembly to modernise or review it’s Act to be able to
scale it up to date in line with modern realities.
He
said that so long as the nation has decided to look forward to alternative
sources of revenue earnings away from Oil, there is no stopping for the council
to achieve the feat.
He said:
“I say, it all the time, the Nigerian economy has
already been diversified. In fact, we have achieved about 80 percent
diversification, but the problem is that we have not earned enough foreign exchange
from the diversification. We presently earn foreign exchange from the export of
crude oil, which still stands at 90 percent, and that is because we rely much
on crude.”
He
however said the success story is that government has taken the production, and
processing of cashew exports from the 130 metric tonnes (MT) four years ago to
200,000MT, just as NEPC is working on a two-legged approach to achieve good
success by raising production.
He
said the Council will also go into processing because the nation cannot
continue to export raw materials, as it must begin to earn more foreign
exchange from the non-oil export for the country. (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
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