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Rivers perm sec sees forex boost in 2024

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The Rivers State permanent secretary in the Ministry of Commerce and Industry, Lawson Ikuru, has predicted boost in foreign exchange in 2024 on the back of intensified activities in non-oil export.

The permanent secretary said this at a one-day sensitization programme on ‘Effective Costing and Pricing for Non-Oil Export’ by the south-south regional office of the Nigerian Export Promotions Council (NEPC).  

In his goodwill message, the permanent secretary the activities of the NEPC seem to have boosted non-export practice, saying the result would be more foreign exchange for the exporters and other Nigerians.

He however appealed to the regional office of NEPC to extend the sensitive training to all the senatorial zones of Rivers State so that non-oil export would become a big practice in the oil-rich state.

In his welcome address, the regional coordinator, Ganiyu Ahmid Gbolagade, said in today’s globalized economy, understanding the intricacies of costing and pricing is crucial for the success of businesses, particularly those engaged in international trade. 

The regional coordinator, who was represented by the Assistant Regional Coordinator, Sylvia Adeyeye, said as the exporters gather at the PHCCIMA headquarters in Port Harcourt, it was evident that the participants present were committed to enhancing their knowledge and skills in this vital aspect of export management.

“The Council has always been at the forefront of promoting trade and economic development, and it is worthy to recognize the enthusiasm and dedication of our exporters in contributing to the growth of the export sector. 

“The NEPC remains committed to providing the necessary support and guidance to ensure that businesses in the South-South region thrive in the international market.

In the course of the training, you will have the opportunity to delve into various aspects of costing and pricing, gaining insights that are essential for navigating the complexities of the global market.” 

He said the distinguished facilitators brought wealth of knowledge and experience to take them through. “I therefore encourage you to actively engage in the sessions, ask questions, and share experiences. 

“As we embark on this journey of learning and discovery, let us keep in mind the broader goal – to strengthen our export capabilities, boost the competitiveness of our products and services, and ultimately contribute to the economic prosperity of our region and the nation as a whole.  I wish you all a productive and enlightening session. May this training contribute significantly to your growth and, by extension, to the economic advancement of our dear country, Nigeria.”

The president of PHCCIMA, Mike Elechi, helped to answer questions to clarify matters, while the executive secretary of the Institute of Export Operations and Management (IEOM) helped participants to know how to calculate costs and prices for their products. The branch manager of Zenith Bank, Ibifaa-a Eferebo showed how exporters may get loans.

The Rivers State permanent secretary in the Ministry of Commerce and Industry, Lawson Ikuru, has predicted boost in foreign exchange in 2024 on the back of intensified activities in non-oil export.

The permanent secretary said this at a one-day sensitization programme on ‘Effective Costing and Pricing for Non-Oil Export’ by the south-south regional office of the Nigerian Export Promotions Council (NEPC).  

In his goodwill message, the permanent secretary the activities of the NEPC seem to have boosted non-export practice, saying the result would be more foreign exchange for the exporters and other Nigerians.

He however appealed to the regional office of NEPC to extend the sensitive training to all the senatorial zones of Rivers State so that non-oil export would become a big practice in the oil-rich state.

In his welcome address, the regional coordinator, Ganiyu Ahmid Gbolagade, said in today’s globalized economy, understanding the intricacies of costing and pricing is crucial for the success of businesses, particularly those engaged in international trade. 

The regional coordinator, who was represented by the Assistant Regional Coordinator, Sylvia Adeyeye, said as the exporters gather at the PHCCIMA headquarters in Port Harcourt, it was evident that the participants present were committed to enhancing their knowledge and skills in this vital aspect of export management.

“The Council has always been at the forefront of promoting trade and economic development, and it is worthy to recognize the enthusiasm and dedication of our exporters in contributing to the growth of the export sector. 

“The NEPC remains committed to providing the necessary support and guidance to ensure that businesses in the South-South region thrive in the international market.

In the course of the training, you will have the opportunity to delve into various aspects of costing and pricing, gaining insights that are essential for navigating the complexities of the global market.” 

He said the distinguished facilitators brought wealth of knowledge and experience to take them through. “I therefore encourage you to actively engage in the sessions, ask questions, and share experiences. 

“As we embark on this journey of learning and discovery, let us keep in mind the broader goal – to strengthen our export capabilities, boost the competitiveness of our products and services, and ultimately contribute to the economic prosperity of our region and the nation as a whole.  I wish you all a productive and enlightening session. May this training contribute significantly to your growth and, by extension, to the economic advancement of our dear country, Nigeria.”

The president of PHCCIMA, Mike Elechi, helped to answer questions to clarify matters, while the executive secretary of the Institute of Export Operations and Management (IEOM) helped participants to know how to calculate costs and prices for their products. The branch manager of Zenith Bank, Ibifaa-a Eferebo showed how exporters may get loans.

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