Government
said the quest for industrialisation can only be attained if African economies
can develop this viable sector and put in place a profit- oriented goal setting
agenda and a performance – based
holistic review. Minister of state for Industry, Trade and Investment, Aisha Abubakar, said this at the 16th African Cotton Association (ACA) Annual International Congress
in Abuja.
Abubakar,
who highlighted the sharp decline in the contribution of Cotton Textile and
Garment (CTG) sector to the Nigerian economy, said it was regrettable that
while Asia and India produce 60 per cent of global cotton output, Africa produces only about 16 per
cent in spite of its huge potentials.
Abubakar
therefore charged the continent’s economies to leverage on their potentials and
develop their capacities by strengthening the sector and providing producers
the support to enhance competitiveness and technology if they wished to be
competitive in the global market arena. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
She
said: “The global market value was about $1.6 trillion in 2015 alone, and this shows
how important the sector is to the economies of the producing countries. It,
therefore, means that Africa’s quest for industrialisation can be achieved by
developing this viable sector.’’
Permanent
secretary, ministry of Industry, Trade and Investment, Mr. Edet Akpan, also said there was the need for the right capacity
and technology in the production of highly – competitive cotton and other
products needed for both domestic and international markets if Nigeria was to
benefit substantially from the sector. (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:
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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