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| Olusegun Awolowo, CEO, NEPC |
The Nigerian Export Promotion Council (NEPC)
has said Nigerians are exporting goods worth over $40bn informally every year. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
The
Executive Director and the Chief Executive Officer of the NEPC, Mr. Segun Awolowo, stated this in Lagos
on Friday during a visit to the President, Nigerian Association of Chambers of
Commerce, Industry Mines and Agriculture, Chief
Alaba Lawson.
According
to him, a lot of goods are moving from Nigeria to other African countries
without being documented. He said the council had initially estimated such
trade as $8bn annually, but going by the calculation of the International Trade
Centre in Geneva, over $40bn worth of goods were informally exported.
Awolowo
worried that this informal trade did not reflect on the economy and sought the
NACCIMA’s collaboration to formalise the trade. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
He said, “We want to work with NACCIMA to formalise
this informal trade. We have to work with your chambers in all the states of
the federation. We have to give these small business owners incentives that
will make it better for them to do business.”
According
to him, in order to aid small businesses, the Federal Government has introduced
the Export Development Fund, a pre-shipment incentive that will help start-ups
to grow and export. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Awolowo
said the council had concluded plans to organise buyers market all over the
world for Nigerian products. He also sought NACCIMA’s collaboration in driving
the zero oil plan, an initiative that would make Nigeria survive in a world
economy without selling oil.
He
said, “We have 11 non-oil sectors where we can earn
foreign exchange and one of them is the petrochemical sector, which is a $150bn
global market. Nigeria is not playing in this market because it is importing;
but we are a petrol economy and that is where the paradox lies.”
According
to him, the private sector has taken up the challenge of playing in the
petrochemical market.
Alaba-Lawson
on her part said that stronger collaboration between NEPC and NACCIMA would be
feasible and fruitful. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
She appreciated the council’s usual support and its readiness to sponsor 10
Small and Medium Enterprises to attend the 22nd American Food and Beverage Show
and Conference slated for October in Miami, United States of America.
The
show, according to her, is an opportunity for Nigerian goods to penetrate the
global market and create market for the SMEs in line with NEPC’s vision to make
the world a market place for Nigerian products.
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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