Tuesday, April 20, 2010

EXPORT EXPANSION GRANT IN NIGERIA

                                                
The Export Expansion Grant is a federal government initiative aimed at encouraging exporters especially those that add value to their products. The grant ranges from 5-30% of the FOB value of the item exported, depending on the degree of processing the item went through in Nigeria before exportation.

The EEG Scheme is processed in Nigeria Export Promoting Council (NEPC) and administered in conjunction with the Implementation Committee inaugurated by the government. The EEG is issued in form of a Negotiable Duty Credit Certificate (NDCC). This is sold as a Discounted instrument to Importer who then use it to pay their import duties.

The Implementation Committee inaugurated by the federal government to process the EEG include the
following;
(1) Nigeria Export Promotion Council (NEPC)
(2) Federal Ministry of Finance (FMF)
(3) Nigeria Customs Service (NCS)
(4) Central Bank of Nigeria (CBN)
(5) Federal Ministry of Commerce and Industry
(6) Special Adviser to the President (Manufacturers and Private Sector.).

Thursday, April 15, 2010

Nigerian Export Mentorship Programme

 The success of this blog and the numerous enquiries that we get everyday on how to explore the opportunities in the export business in Nigeria and do it right from the onset, all point us to the need for export education among the Nigerian enterpreneurs. In other to be able to provide a lasting solution to this knowledge gap in the export business, the 3T IMPEX CONSULTING has put together a curriculum to start the first Nigerian Export Mentorship Programme.

This mentorship programme is different from one of those regular export trainings that people pay a fortune to attend for just two days after which you are either now on your own or you probably still always need to depend on the "consultant" to do almost everything for you.

Apart from the fact that this mentorship programme is very cheap, it is organised by an experienced exporter, who is also an international trade finance specialist with numerous certifications(CDCS, ISP MASTER, ITS).

In addition to this, the mentorship programme will teach you "how to catch the fish" by yourself by hand holding you from the very beginning to the end of your first sets of transactions. We will pratically take you through the export process and also show you all other avenues for making money apart from the export proceeds from the exported commodities. We will also give you a very comprehensive manual and you will have access to daily local commodity prices and numerous local commodity suppliers.

Why not join us today by enrolling for the export first ever Nigerian Export Mentorship Programme.

For more enquiry;
Email:3timpex@gmail.com
Phone:+234 803 6522 946

Thursday, March 18, 2010

Nigerian Export Commodity Exchange

The Nigerian Export Commodity Exchange is a blog aimed at creating a unique platform for buyers and sellers of exportable commodities in Nigeria to meet.

Most producers of exportable commodities which include farmers, Local Buying Agents (LBA) and Commodity Merchants in Nigeria today are constantly looking for buyers for their commodities while the buyers (which include Exporters, Cottage Industries, Big Manufacturing companies etc) are also looking for suppliers to meet their supply chain demands.

Through this platform therefore, sellers of different commodities in Nigeria can register for free on this blog and also post the products that they want to sell from time to time. This will enable the buyers visiting the blog to have easy access to the commodity suppliers all over Nigeria.The URL for this blog is http://tradelinkng.blogspot.com/

Sunday, March 7, 2010

Export Business Options In Nigeria: Part-Time Exporter

Part-time Exporter: these exporters depend on consulting firms and freight forwarders to carry out some of their export operations. This option is suitable for individuals that would like to start a business while still in a paid employment and also have some time to spare. It’s also a viable option for existing businesses that want to divest. The return on investment for this option could range from 25-35%. The exporter is involved in Export Planning, Export Financing, Export Product Sourcing, Pre-Export Documentation, Haulage To The Warehouse, Haulage To The Port Of Loading, Post-Export- documentations.



Export Business Options In Nigeria: Full Time Exporter

Full Time Exporter: these exporters only engage freight forwarders minimally for their port of loading operations. This option is suitable for those that are available 24hrs (retirees and those that just resigned or lost their jobs) and also existing businesses that will like to be fully involved in their export operations. The return on investment of this option could range from 30-45%. The exporter is involved in Export Planning , Export Financing, Export Contract sourcing, Export Product Sourcing, Pre-Export Documentation, Haulage To The Warehouse, Warehousing and Inspection, Freight Forwarding, Haulage To The Port Of Loading and Post-Export- documentations.       

    

Export Business Options In Nigeria: Armchair Exporter

Armchair Exporter: these exporters depend on consulting firms, local buying agents and freight forwarders to carry out most of their export operations. This option is suitable for individuals that would like to start a business while still in a paid employment but do not have enough time to spare. The return on investment for this option could range from 10-25%. The exporter is only involved in Export Planning, Export Financing, Pre-Export Documentation and Post-Export- documentations.