Nexportrade Houses Limited
The
exports of manufactured goods from Nigeria are less than
1% of the about 10 % of the country’s non-oil exports.
This is attributed mainly to the fact of the
non-competitiveness of the goods manufactured in to the
economic and social growth of the country. Export
incentives made available by the Federal Government of
Nigeria often can improve the competitiveness of some
goods manufactured in Nigeria.
In
order to improve the situation and moreover to enhance
commerce in the ECOWAS Sub-Region the decision was taken
to establish a export trading house under the name
NEXTPORTRADE HOUSES LIMITED which was incorporated
on the 17th December, 2006 and the company is
limited by shares.
It
is pertinent to mention at this point that NIGERIAN
EXPORT PROMOTION COUNCIL (NEPC) through the
commendable efforts and immense contributions of the
CEO/ Special Advisor to Mr. President, Mrs. G. M. Sasore.
PARTICIPATING STAKEHOLDES IN THE VENTURE shall
include shall include:
Ø
MAN
EXPORT PROPMOTION GROUP, [MANEG]
Ø
NIGERIAN EXPORT-IMPORT BANK, [NEXIM],
Ø
NACCIMA, EXPORT ACTION GROUP ,
Ø
ECOBANK PLC
Ø
UNITED BANK FOR AFRICA OLC [UBA]
Ø
ASSOCIATION OF EXPORTERS [FNE]
Ø
NASSI
Ø
NASME
AIMS AND OBJECTIVES
-
To
carry on the business of promoting, protecting and
developing Nigeria’s export of industrial, agricultural
and mineral products and by-products produced and/or
manufactured in the country and for this purpose to
organise
as appropriate, workshops, seminars, conferences,
exhibitions, trade fairs in any part of Nigeria and
abroad, in co-operation and collaboration with/without
any government agencies and/or
organizations.
-
To
provide services to encourage high standards of quality
of products, services and technology to be exported from
the country to
neighbouring
African countries and to act as a medium for
transparency in exports in terms of documentation,
quality and origin.
-
To
facilitate improved foreign market by more export
through the formal channel.
-
To
champion the development of the export trading house
within the sub-region.
-
To
provide the infrastructural platform for the
establishment of private sector driven export trading
houses in other parts of Africa in partnership
with local organised private sector.
INITIAL CAPITAL
The
initial cost facility is estimated to a one-time
establishment and capital running of about N20
million. The company was registered with N2
million shareholding and it is expected to receive
another financial assistance of an additional N18
million that would help the company to achieve its
objectives.
BOARD OF DIRECTORS AND MANAGEMENT
The Company will be run as a business partnership with a
Board of Directors from all stake holders.
There will be two categories of Directors, substantial
and Nominal from experts of the business community.
SERVICES
The Company will render its services to Members of the
participating stake holders and to non- members at a
different subscription fee.
The Company will be a non-profit oriented and its
charges will be to cover its costs.
Lagos Nigeria, February 2007.
|
