Export Panacea To Naira’s Free-fall, Says Shippers’ Council

Export Panacea To Naira’s Free-fall, Says Shippers’ Council

The Nigerian Shippers Council (NSC) has identified exportation as a central requirement to arresting the freefall of the naira this is as the council disclosed that it has received a marching order from the Executive Secretary/Chief Executive Officer of the Council, Emmanuel Jime to remove all impediments to agro-export in the country.

This is according to Chief CC Agu, Director, Consumer Affairs, NSC while speaking at the “Multi-Agency Stakeholders’ Enlightenment On Key Reforms Of the Presidential Enabling Business Environment Council Under The National Action Plan 7.0 On Agro-Export” held in Lagos recently.

“We are not coming here to list the problems; we know what the problems impeding agro-export are, we are here to identify the solutions, we have received the marching order to remove the impediments.

“Export is the live-wire of any economy, a barrier to trade is a barrier to development, it is sad that Nigeria is not paying frontal attention to exportation whereas it is a very powerful tool for job creation, wealth creation and an amazing tool for improving the standard of living of the citizenry.

The most important thing is to remove the impediments. We know that without export, we cannot exist, the World Trade Organization (WTO) has made it very clear that a country must export in order to survive, if you don’t export to survive, you will perish.

We should also bear in mind when we are talking about the freefall of the naira, this is because we are not taking advantage of exporting, it is either we embrace exportation to make the naira strong or we remain where we are” he said.

Meanwhile, Deputy Director, Trade Services, NSC, Adaora Nwonu disclosed that the Multi-Agency Stakeholders’ Enlightenment Program NAP 7.0 was created to examine the challenges that agro-exporters encounter in the course of doing business and to remove the bottlenecks.

Nwonu emphasized the need for fewer imports and more exports to enhance the productive capacity for agro-export.

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