Post by Trade facilitator on Dec 25, 2020 17:44:20 GMT 1
Today as oil prices continue to fluctuate unexpectedly in the global market, including Nigeria, PROMOTION of exports will no doubt boost exporters financial muscle, especially agricultural commodities.
Both the federal government and indeed agricultural commodity exporters' support to one another should be strengthened more than ever before to achieve this goal.
Export is a very massive sector, with a lot of potentials that will in no small way diversify the country's weak economy and deal with the issue of unprecedented employment if an enabling environment is created by the government.
Before now, efforts by exporters of food commodities has been yielding results, but very recent developments due to the advent of COVID - 19 pandemic, government's unfavourable and insincere attitudes towards improving ease of doing business along with poor road networks along the ports corridor has negatively impacted on all strategic efforts put in place by the exporters.
Accordingly all these shortcomings has exposed potentials in the exportation business in Nigeria.
Exportation is not unknown to Nigerians, but adequate understanding, lack of adequate skills, unwillingless of operators to engage the professionals has been the reason 'why'd it could not create the desired and expected financial results, whereby individual exporters or organizations will become big-time exporters of agricultural commodities.
One becomes an exporter when the person or organization engages in exportation from one country to another especially on regular basis, irrespective of where the services were performed.
It is expected that government will intensify awareness through advocacy on the enormous potentials and profitability of export business and ensure policies made on it are encouraging. Bearing in mind that the export sector posses immediate capacity to absorb a large portion of the country's unemployment, create gender parity (it should be noted that women constitute a large percentage of the workforce in the export sector).
Both the federal government and indeed agricultural commodity exporters' support to one another should be strengthened more than ever before to achieve this goal.
Export is a very massive sector, with a lot of potentials that will in no small way diversify the country's weak economy and deal with the issue of unprecedented employment if an enabling environment is created by the government.
Before now, efforts by exporters of food commodities has been yielding results, but very recent developments due to the advent of COVID - 19 pandemic, government's unfavourable and insincere attitudes towards improving ease of doing business along with poor road networks along the ports corridor has negatively impacted on all strategic efforts put in place by the exporters.
Accordingly all these shortcomings has exposed potentials in the exportation business in Nigeria.
Exportation is not unknown to Nigerians, but adequate understanding, lack of adequate skills, unwillingless of operators to engage the professionals has been the reason 'why'd it could not create the desired and expected financial results, whereby individual exporters or organizations will become big-time exporters of agricultural commodities.
One becomes an exporter when the person or organization engages in exportation from one country to another especially on regular basis, irrespective of where the services were performed.
It is expected that government will intensify awareness through advocacy on the enormous potentials and profitability of export business and ensure policies made on it are encouraging. Bearing in mind that the export sector posses immediate capacity to absorb a large portion of the country's unemployment, create gender parity (it should be noted that women constitute a large percentage of the workforce in the export sector).
