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NEPC, NAMACCIMAT move to promote trade

THE Nigerian Export  Promotion Council (NEPC) and the Nigerian-Mali Chamber of Commerce, Industry, Mines, Agriculture and Tourism (NAMACCIMAT) recently in Abuja organised a sensisation seminar, tagged:

“The Malian Experience on ECOWAS Market,” aimed at tapping the abundant economic resources and cordial relationship between Nigeria and Mali for the mutual benefits.

Declaring the seminar opened, Permanent Secretary, Federal Ministry of Commerce and Industry, Dr. Abubakar Mohammed assured the participants of the government efforts in facilitating integration processes to enhance trade among ECOWAS member nations for effective implementation of all ECOWAS Treaty and its Protocols.

In the welcome address earlier presented, Executive Director/Chief Executive Officer, Nigerian Export Promotion Council (NEPC), David Ibrahim Adulugba Esq., expressed appreciation to all participants for finding time to grace the occasion in spite of their busy schedules.

The programme was an initiative that arose out of the NEPC’s various interactions with the leadership of the Nigerian–Mali Chamber of Commerce, and was a collaboration between the Public and Private Sector, aimed at promoting the non-oil sector with a view to maximising the benefits in trade and commercial activities within the West African sub-region.

The forum was also a vehicle of sharing of experiences on the wide range of issues capable of promoting and encouraging trade in the region, and gave opportunities for the participants to proffer measures and map out strategies for tackling obstacles hindering trade in order to speed up integration process which would accelerate trade and integration in the sub–region.

Prominent among these were: the realisation of common currency; removal of regional tariffs and obstructions; establishment of mechanism for conflict prevention, management, resolution as well as Peace keeping and Security within the sub-region.

Similarly, the forum called on government to provide necessary infrastructures, consider the establishment of an off-shore Export Warehouse in Mali in view of the wide acceptability of Nigerian products over there.

And business persons were called upon to avail themselves of the opportunities offered by Mali and other countries in the region to expand the horizons of their businesses.

relationship between Nigeria and Mali for the mutual benefits of all. Declaring the seminar opened, the Permanent Secretary, Federal Ministry of Commerce and Industry, Dr. Abubakar Mohammed assured the participants of the government efforts in facilitating integration processes with a view to enhancing trade among ECOWAS member nations for effective implementation of all ECOWAS Treaty and its Protocols.

In the welcome address earlier presented, the Executive Director / Chief Executive Officer, Nigerian Export Promotion Council, David Ibrahim Adullugba Esq., expressed deep appreciation to all participants for finding time to grace the occasion in spite of their various busy schedules. He particularly thanked the Permanent Secretary for his tireless vigour in pursuit of the cause of non-oil export development.

The program was formed from the initiative that arose out of the Council’s various interactions with the leadership of the Nigerian – Mali Chamber of Commerce.

It was collaboration between the Public and Private Sector, aimed at promoting the non-oil sector with a view to maximising the huge benefits in trade and commercial activities within the West African sub-region. It was further meant for sharing of experiences on the wide range of issues capable of promoting and encouraging trade in the region.

Similarly, the forum gave opportunities for the participants to proffer measures and map out strategies for tackling obstacles hindering trade in order to speed up integration process which would accelerate trade and integration in the sub – region.

Prominent among these were: the realization of common currency; removal of regional tariffs and obstructions; establishment of mechanism for conflict prevention, management, resolution as well as Peace keeping and Security within the sub-region.

A call was made for the government to provide necessary infrastructures, consider the establishment of an off-shore Export Warehouse in Mali in view of the wide acceptability of Nigerian products over there. Similarly, Business persons were called upon to avail themselves of the opportunities offered by Mali and other Countries in the region to expand the horizons of their businesses.

TECHNICAL SESSION:
Three (3) papers were presented during the technical session, namely:
1. Developing Nigerian Products for the West Coast Market – By Mrs. O.O. Osibo, Director, Products Development Department, NEPC. The Paper maintained that the West Coast, including Mali, remained the first constituency of Nigerian exports. Major challenges to trade between the two (2) countries were identified in the area of Transportation, Communication, Energy, Informal and non-recorded trade.

The Paper however advocated export of value added products instead of commodities; readiness to export in a credible manner; provision of regional roadmaps; translation of product information in French; dismantling of some road blocks; improvement in export products quality; among others, as the way forward in successful market penetration and sustenance.

2. Market Opportunities in Mali – By Chief Michael Awunor, President, NAMACCIMAT. The Chamber was created in 2002 as a vehicle for developing and promoting bilateral, economic, artistic and cultural relationship between Nigeria and Mali and for building of economic ties with other member countries who share similar interests.

Mali offers a unique opportunity to reach out to many countries within the sub-region due to its strategic position. It is considered the gateway to the West African market as it shares land borders with eight (8) African countries, namely: Senegal, Niger, Burkina Faso, Algeria, Cote d’  Ivoire, Guinea Bissau, Guinea Conakry and Mauritania. Products with export potentials were noted as Plastics, Textiles, Cement, Pharmaceuticals, Cosmetics, Furniture, etc. Mali provides not only a ready market for Nigerian products but also opportunity for investment in her economy in the area of Agriculture, Energy, Mining, Transport, Tourism and Industry with a Policy of a hundred percent ownership.

3. Exhibitions and Warehousing as Market Penetration Tools – By Mr. Olufemi Boyede, Managing Director, Koinonia Ventures Limited. The paper noted the importance of Exhibitions as it allows potential customers have physical contact with the products while the establishment of offshore export warehouse will encourage all categories of exporters to showcase their products in Mali and its environs.

MINI EXHIBITION: The event also featured a mini-exhibition of some Nigerian exportable products such as equipment, polythene sacks, bags, shoes, mattresses, furniture and cosmetics.


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