Friday, April 2, 2010

INTRODUCTION TO NON OIL EXPORT 101

It is not news that petroleum that was discovered in Nigeria decades ago with the expectation of improving the lots of the people has succeeded in making majority of Nigerians go cap in hand begging for their share of the oil resources.

It is not news that the non-oil resources we used to develop oil exploration now contribute less than 10% of the nations foreign earnings. It is not news that oil has put the nations resources in few hands and equally unable to generate widespread employment for the employable hands in the country. It is surely not news that government came to realization that only the development of our non-oil export products that can alleviate poverty and bring development closest to the people.

What probably is news is the Obasanjo administrations serious approach to promoting non-oil export as a survival strategy for the nation. The President has constituted a committee on Export Oriented Companies, which involve export business and relevant Government Ministries and Agencies to finding ways and means of increasing Nigerians export earnings.

What this government policy means to serious Nigerians who are ready to take their destiny into their hand is a window of opportunities to better their lots. To this category of people, they need to make plans NOW and prepare the way on how to make good fortune in the expected non-oil export boom.

It is not enough to remain in one place blaming and waiting for government for everything; instead you need to plan your life within the available resources. Checking out to other countries cannot bring you the comfort you desire in life. Think of becoming your own boss and tap on the opportunities provided by this non-oil export crusade. While you are busy waiting for your share of the oil resources a lot of Nigerians are smiling their way to their banks with proceeds from exports of various products such as cocoa, cashew, fried snail, gari, gallstones, ginger, dried vegetable, cassava chips/leaves/roots, bones, sesame seeds, pepper, honey, chorcoal, spices, various manufactured or processed products and intermediate goods etc.

The beauty of non-oil export is that you reap from your efforts because your earning come to you and not to the central (Federal) purse. You therefore need not wait for any sharing formula to dispose of your profit.

The Federal Government, in its bid to change the mono-culture picture of Nigerias export earnings and possibly firm up the value of the Naira, has projected that by the end of 2007, export earning from the non-oil sector would hit the USD 5 Billion mark.

The above is coming quickly at a time when the volatility of the upstream oil sector is under very close observation in the light of the youth receptiveness and rebellion by Niger Delta resource control agitators. The question being asked is how would the economy fair if crude oil export is seriously threatened. What options are there for exporters of non-oil products?

In the light of the present volume of non-oil export and anticipated incentives, exporters of various products other than oil have a bright chance of increasing their takings.

With Government target of netting USD 5 Billion from non-oil export by the year 2007, there is wide chance for discerning exporters to explore. Government realizes the accrued benefits from non-oil exports which have since 1974 been relegated in favour of Petro-Naira. It must be recalled that the export of non-oil products; Cocoa, Groundnut, Palm Kernel/Oil, Rubber etc., funded the various marketing boards, which were effectively utilized by the first republic Regional Government in their development programmes.

The ongoing unrest in the Niger Delta makes Nigerias continued reliance on oil export very precarious. The volatility of the oil market does not also make 100% reliance on Petro-Dollar a wise decision, so government has no option than to encourage the increase in export of non-oil products including various agricultural products earlier enumerated to shore up foreign exchange earning and stabilize the Naira.

A nation, wise at trade, ensures the export of products in which it is much endowed. Nigeria is extensively endowed with various products, which are goldmines for discerning individuals. Take up the opportunities and earn decent income.

HUGE INCOME EARNING OPPORTUNITY:
One of the Personal Entrepreneurial Characteristic (PEC) that makes a big difference between a successful entrepreneur and unsuccessful one is opportunity seeking. That is seeking, recognizing and acting on new business opportunities.

This is the use of contacts or networking to obtain useful information. It is in view of the above fact that we at are introducing this wonderful opportunity to you.

This is golden opportunity that will enable readers to create for themselves, the target and lofty goals for huge success.

In order to assist a lot of Nigerians to tap into this highly lucrative venture of non-oil export business, we at M-CUBE NIGERIA LIMITED, has written a manual titled HOW TO MAKE IT IN NON-OIL EXPORT IN NIGERIA, to enable them know all the techniques and secrets involved in non-oil export business.

SOME OF THE CONTENTS OF THE MANUAL INCLUDE:
1. Introduction to Export

2. Management Issues Involved in the Export Decision

3. Developing Overseas Markets

4. Assessing Export Potentials

5. Cost of Exporting

6. Benefits of Exporting

7. Risk of Exporting

8. Pricing, Quotation and Terms Pricing

9. Export Prerequisites

10. Myths About Exporting

11. Export Financing

12. Government Assistance Programs

13. Common Payment Terms

14. Letter of Credit

15. Export procedures

16. The New Export Regime in Nigeria

17. Paper on Pre-Shipment Inspection of Non-oil Export from Nigeria under the Nigeria Export Supervision Scheme (NESS)

18. Common Export Products

19. How To Get Loan For Your Agricultural Enterprises and many more.


Only very few Nigerians for now have penetrated the lucrative market of non-oil export and reaping cool big profit without stress. The KNOW-HOW of Non-Oil Export secrets had been covered up and seriously guided for sometime but now, we the present Nigerian revolutionary wealth builders have decided to uncover the secrets and release them without reservation to fellow aspiring Nigerians who so desire and keen in operating the wealth building secrets.