“If a nation wants to be poor, it remains an importer of goods and services but if you want to be rich, you have to export goods, commodities and services. That is the spirit which Reliance Marketing Limited is operating and aim to contribute to the economic growth of Nigeria”
In a bid to create export awareness for Africans and its governments to maximize the opportunities in the sector, a leading exportation business company, Export Reliance Marketing Limited has launched an African Trade Fair Exhibition for exportation business in Nigeria.
In an interview with EnterpriseCEO’s correspondent, Kehinde Akintan, the Chief Executive Officer of the company, Larry Segun-Lean explained the motive behind the exhibition and what the company aim to achieve in the exporting business space in relations to setting an agenda for federal government.
Speaking on the importance of exporting on the nation’s economy, Segun said the major reason why any economy is considered advanced is not the volume of importation but the rate of their exportation of products and materials to other countries.
“If a nation wants to be poor, it remains an importer of goods and services but if you want to be rich, you have to export goods, commodities and services. That is the spirit which Reliance Marketing Limited is operating and aim to contribute to the economic growth of Nigeria.
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Speaking about the benefits and opportunities for participants at the forthcoming exportation program, he said the event will be an eye-opener for people to understand what exporting is about and they will be trained on export businesses.
“At the event, some other markets will be available to see what Nigeria exporting is about. There are lot of benefits for those that will participate as exhibitors and the delegates also have some benefits because they will listen to experts who will talk about the issues in the export zone and why people should become exporters.
“Africans should become farmers but they should focus more on becoming exporters as well. As you farm your produce, it’s not enough, you need to take it outside your environment. That’s what Nigeria should do because all other economies that are advanced in the world have done that.
He however urged Federal government to be export-oriented and the economy system should be redesigned to help exporting businesses to thrive. He also noted that Malaysia economy depends on its exportation strength in the international market and Nigeria should imbibe the idea.
He said, “The government should restructure their policies on income generation and strengthen industrialization. We should move from this pedestrian economic theory to some level of semi advanced economic policy. We should stop being rent seekers and become value adding economy
“Exporting raw cocoa would only get a fraction of the value but when it turns cocoa, you make ten times the amount you will make in raw cocoa. Nigeria government should change their economy system and become export economies.
Meanwhile, the exportation exhibition fair is a mega event which attracts partnership with financial institutions and other corporate brands as they seek to be part of the story that will change Nigerians narrative on how they have been doing exportation businesses at the international scene.
Also, the exhibition is also open for applicants who wants to display their products and materials which comes with financial obligations
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