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
The company said that making
funds available for export companies would encourage them to be part of the
regulated commodity platform, adding that the agricultural sector has limitless
opportunities that can be explored in the export market.
The Chief Executive Officer of
Sourcing and Produce, Lanre Awojoodu,
said the company was working to unlock the potential of the agricultural sector
to contribute to sustainable and inclusive growth.
In Awojoodu’s own words, “I would suggest an NXP pre-financing scheme; this will help
the government and exporters. Government makes available affordable loans for
exporters who have a track record of NXP’s. Let us say a situation where you
can get a loan of 50-70 per cent of your NXP value of the previous year in a
loan.
“If you default, then
you are blacklisted. Capital needs to be cheaper to be able to compete on
prices globally. A framework along this line will be positive. The government
will see more exporters using the Importer and Exporter FX window.”
He said getting credible
customers, in the beginning, was a challenge for the company.
“How do you get them to
trust and respect you as a Nigerian? I sold this by leveraging my relationships
with people I knew abroad to help me engage customers. For example, I searched
for a Dutch friend to help engage a Dutch customer. Apart from that, the cost
of funding is another major issue.
“In this part of the
world, agric commodity export is a capital-intensive business. A $1m investment
is even just the start. A container of ginger pepper is about N25m; this means
with N100m, you may not do so much before the season ends,” he said.
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