‘Why Nige­rian ex­porters’ ac­cess to U.S. mar­kets is lim­ited’

The Guardian (Nigeria) - - BUSINESS - By Glo­ria Ehi­aghe

IN­CON­SIS­TEN­CIES hinged on in­ad­e­quate power sup­ply, mul­ti­ple taxes, busi­ness ex­pan­sion have been iden­ti­fied as some of the chal­lenges hin­der­ing Nige­ri­ans in the com­mod­ity ex­port busi­ness from meet­ing up with de­mands of the United States ex­port mar­ket.

Moreso, ex­porters who tend to make quick re­turns by cut­ting cor­ners and keep­ing to the rules in the analysis of ex­port busi­ness have also af­fected the smooth sail of ex­port busi­ness in Nige­ria.

Th­ese chal­lenges, the Na­tional Pres­i­dent, Nige­ri­aAmer­ica Cham­ber of Com­merce, Chief Olabin­tan Fa­mu­timi, noted have cre­ated a break along the ex­port value chain.

Also, the cham­ber has con­cluded plans to build the ca­pac­ity of small busi­nesses as part of mea­sures to re­duce the mor­tal­ity rate of such busi­nesses.

Fa­mu­timi stated this when the cham­ber paid a cour­tesy visit to the cor­po­rate head of­fice of The­guardian to form a part­ner­ship and ex­change ideas on mu­tual re­la­tion­ships with the or­ga­ni­za­tion.

Ac­cord­ing to him, some of the prob­lems have been iden­ti­fied and through the ad­vice given to gov­ern­ment, is­sues would be ad­dressed.

Fa­mu­timi said: “In some of our train­ings, we bring sub­ject mat­ter ex­perts from both the U.S., the West African trade hub and even gov­ern­ment agen­cies. In some of the sum­mits we have had, we in­volved agen­cies such as Cus­toms, NAFDAC, SON and all other de­part­ments in­volved in the ex­port busi­ness to ad­dress prob­lems to ease ex­port of com­modi­ties to the US,” he said.

He as­sured that ini­tial dif­fi­cul­ties ex­pe­ri­enced by those in the US who wants to come and do busi­ness in Nige­ria have been re­solved while he fur­ther stated that it is also work­ing in the US for Nige­ri­ans ap­ply­ing to go to the US to for busi­ness as de­lays have been re­duced.

“One of the el­e­ments tack­led was visa on ar­rival and is work­ing smoothly. If you are com­ing on busi­ness in Nige­ria and you get to the air­port, they can stamp your visa at the air­port and you en­ter, it is work­ing very well. Once you have a let­ter of in­vi­ta­tion that you are com­ing to do busi­ness in Nige­ria, your pass­port would be stamped.

“They have talked to all Nige­rian em­bassies abroad that any­body ap­ply­ing for a busi­ness should not be de­layed and it is also work­ing over there.”

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