for June 2018

VOLUME 3 ISSUE 45

To register, please pay the exhibition fee (N255,000) only to the account details below on or before Friday October 5, 2018 to enable us to get your Booth ready for the Exhibition. The account detail is as follows: The Lagos Chamber of Commerce and Industry/Ecobank Plc/2642003505For more information please call 08091244449

Generally in life, when people are faced with challenges, they tend to focus on fixing the issues only and this is done at the expense of the other opportunities and possibilities that the challenges present. The challenges of the Gridlock in Apapa throw up a number of questions that can provide a lasting solution and prevents a repeat of this ugly incident. The questions include the following: why must all the trucks bringing goods in or taking goods out of Apapa ports enter the Lagos metropolis? Why must all the goods coming in or going out of Apapa port be transported by roads? Why are we thinking only about rail to ease the movement of goods in or out of Apapa port? Why are we not considering other cheaper alternative.

It is a common saying that if you do things the same way you have always done it and expects a different result, then such an individual have a flavour of insanity. In my opinion, the pains of loss to individual companies and the Nigerian economy in general from the current issues of gridlock in Apapa should make us to begin to think differently. The current issues is indeed a blessing in disguise in the sense that it should make us to begin to consider alternatives in transporting goods into the port and these can lead to the generation of more revenues in Billions on Naira for Federal Government, Lagos and Ogun states.There is an alternative that will make the road being constructed in Apapa to last longer. It will create more jobs and open up new areas of settlements. It will open up a new business opportunities and create more wealth. It will not put the truck drivers out of business and yet it will reduce their cost of fuel consumption and losses resulting from the delay they face in entering the port. It will save exporters from the debts t ha t t hey incu r f rom de lays , documen t s discrepancies, demurrage fees, detention fees and defective goods. It will also save the nation from the decline in the non-oil export volume. Finally, it will not cost the federal and state government too much money like railway construction but generate more revenue for the Government.Excerpt: Tradeinfong.com

The Nigerian Ports Authority, NPA, is currently at war with some terminal operators over newly introduced charges, which Ms Hadiza Bala Usman, NPA's boss has warned agents and importers to ignore. Port-Terminal Speaking during a visit to

The Lagos Chambers of Commerce and Industry in conjunction with the Nigerian Export Promotion Council present Made In Nigeria Exhibition programme which will be holding in Abidjan, Cote D'Ivoire from October 15 to 21, 2018.The Exhibition fee for 9 sqm is N255,000 and it e x c l u d e T r a n s p o r t a t i o n , F e e d i n g a n d Accommodation.This programme affords Nigerian businesses both big and small the opportunity; to expand their markets beyond the shores of Nigeria, to be exposed to new market opportunities in West Africa, to be enlightened on how enter the Cote D'Ivoire market, to be empowered to take on new market in West Africa, to encounter international buyers of their products, to elevate the Nigerian brands and products in Africa. The sectors and items covered include; Processed Agricultural products, Cosmetic, Fashion and Clothings, Pharmaceuticals, Beverages, Film and Music, Electrical wire and cables, Manufactured items etc Exhibition Cost for Transport, Feeding and Accommodation are in different options Option 1: Air Transport (to and fro):N179,550Exhibition:#255,000 (per 9 sqm)Accommodation(8 days):N96,000Feeding (8days) :N28,800Total: N559,350Option 2: Road transport (to and fro): N50,000Exhibition: N255,000(per 9 sqm)Accommodation (8 days): N96,000Feeding (8 days): N28,800Total:N429,800

Export News:

NEPC/LCCI Set to Hold

Made In Nigeria Exhibition

in Cote D’Ivoire

- 1

Export Programme:

Import Processes

LC & BC and More

- 2

Export Education:

Apapa Gridlock Lessons

can Generte Billions for

FG, Lagos & Ogun States

- 3

Export Training Products:

Export Business Made Easy

and More

- 3

Export Miscellaneous:

Commodity Prices,

Infographs and Lots

More

- 3 & 4

INS

IDE

TH

IS IS

SU

E

Top NewsNEPC/LCCI Set to Hold Made In Nigeria Exhibition in Cote D’Ivoire

Apapa Gridlock Lessons can Generate Billions for FG, Lagos & Ogun States.

NPA, Terminal Operators at War Over Illegal Port Charges

Cocoa Cola’s Interest in Cannabis Presents Export Opportunities for Nigeria

Weeds, Empty Containers Take Over Export Terminal

NEPC/LCCI Set to HoldMade In Nigeria Exhibition

in Cote D’Ivoire

Apapa Gridlock LessonsCan Generate Billions

For FG, Lagos &Ogun State

NPA, Terminal OperatorsAt War Over Illegal Port

Charges

for June 2018

Page 2.

OTHERHEADLINES

How Farmers Can Find Riches

in Bee Farming

- Daily Trust

Shandong Ruyi to Invest US $2bn

in Nigeria Cotton Operation

- Just-Style

Apapa Gridlock: Extortion

Causing Frequent Gridlock

- Independent

VOLUME 3 ISSUE 45

Vanguard Media office in Lagos, Usman said that despite NPA's warning to the terminal operators and shipping firms to desist from introducing arbitrary charges, these operators still went ahead with charges. Usman explained that a container positioning fee introduced by one of the terminal operators was rebuffed by the NPA as the charge was not tied to a service. Meanwhile, stakeholders at the Tin Can Island Port have raised an alarm over what they described as alleged high handedness of a terminal operator, Tin Can Island Container Terminal (TICT), which allegedly collects storage and rent charges on containers, even when the cargoes are yet to arrive at its terminal. Speaking with Vanguard Maritime Report at the terminal, a licensed customs agent, Jonathan Owoh, alleged that without due consultations with the importer, TICT stems containers to its off-dock terminal, SCOA bonded terminal at Kirikiri, Lagos, and that two weeks before arrival of the container, TICT starts charging rent on it. Owoh said that on most occasions shipping companies collect N20,000 per day, while terminal operators collect N12,000 per day on such a container. “TICT charges N12,000 per container, they are the owners of SCOA, initially when they allocate a ship to SCOA, they will not charge you until the container is transferred to the terminal, but now if they allocate a ship, they will start charging you from that very day to pay storage without you seeing the container, it might take them three weeks or one month to transfer the container and you will pay them the whole storage, this is very bad”. He also lamented that due to the perennial traffic gridlock on the access roads to the Tin Can Island Port, the TICT commenced the use of barges to move containers to SCOA terminal. He however said that the process is slow.Excerpt: Vanguard

World's leading carbonated soft drink maker, Coca-Cola Co., said it has developed an interest in the cannabis drinks market and wants to take advantage of it with hopes of supplementing its declining sales. This could present an immense opportunity for Nigeria.Coca-Cola's surprising disclosure comes just as many companies in America and elsewhere are finding new ways to utilise the marijuana plant which traditionally serves recreational purposes.As Bloomberg reports, the company is already in talks with Canadian marijuana producer Aurora Cannabis, as it works to develop the special Coke blend.A spokesman for the company, Kent Landers, said the plan is to infuse a non-intoxicant component of the plant in Coca-Cola drinks with hopes of relieving pain without getting people high. Excerpt: Nairametrics

Weeds and empty containers have taken over large part of the Lilypond Container Terminal at Ijora in Lagos. The terminal, with a capacity of 7,000 Twenty Equivalent Units (TEUs) and space of 120,000 square members was dedicated as export terminal for for agro-allied produce by the Federal Government in

2017 with the intention of exporting non-oil such as yam, cocoa, cashew nuts, rubber, Hibiscus flower, cocoa butter, sesame seed, processed wood, frozen shrimps and processed leather.However, it is currently idle due to lack of export cargoes. Already, over 500 empty containers are stacked at the terminal by government as part of efforts to decongest the Ijora- Wharf port road axis. Findings revealed that exporters prefer to use the Lagos Port Complex and Tincan Island Port in order to cut cost of shipments. Within the last seven months, Tincan and Lagos ports have recorded 418,471.8 tons of export cargoes valued at N112.7 billion, which are supposed to be exported through the terminal.Nigeria Customs Service (NCS) Apapa Area Command recorded 343,471.80 tons of agricultural produce and mineral resources valued at N57.7 billion, while its counterpart at Tincan Island Command recorded a total of 75,000 metric tons of export worth N56 billion in the last seven months.

Excerpt: Ripples Nigeria

Impex Trade Academy in conjunction with the American Institute of Extended Studies has commenced Certified Trade Professional Development Programme in Nigeria (TPDP). This program is the first of its kind and it seeks to promote international trade education in Nigeria and Africa in general. This programme has been designed in form of a continuous education programme to enable young and old professionals sharpen their skills and grow their careers. Some of the features of these training programmes include; flexibility, affordable tuitions, high quality education, reliability, courses authenticated by an institution accredited by the US government and increased potential for career advancement. The certified trade programmes include; Certified Basic Trade Professional (CBTP), Certified Intermediate Trade Professional (CITP), Certified Advanced Trade Professional (CATP) and Certificate in Trade Customer Service (CTCS). These Certified Trade Programmes will prepare interested participants for the job of the future, position them for offshore trade job opportunities. It also project them for career advancement and assist in them to perform excellently in their trade careers. Finally, it gives them leverage to penetrate the competitive job market and remain perpetually relevant. The lectures will start in the month of September 2018 and it holds for 2-3 hours every Saturday. The registration process has commenced with a number banks showing keen interest already. Interested participants should call 08091244449 or visit www.3timpex.com to get the registration formExcerpt: Tradeinfo.ng

3T Impex CommencesCertified Trade ProfessionalDevelopment Programmes

in Nigeria

Coca Cola’s Interest inCannabis Presents ExportOpportunities for Nigeria

Weeds, Empty Containerstake Over Export Terminal

Page 3.

Free Export LicenceFree subscription to join African Export DevelopmentInitiative (AFED)Guaranteed Contracts for Export (T&C Apply)Export Mentoring Program with 20% discount Free Export Book & Advisory Service.

BENEFITS

CONTACT: 08067476669, 08026782568, 08091244449 tradeacademy@3timpex.com

EXPORTBUSINESSCLINIC

TRAININGFEE

N78,500

Days & Time 9amWeekdays -

April 17th & 18th, 2018Date -

Venue: 3T Impex Trade Center 11D Bola Shadipe StreetAddress:

Off Adelabu Street, Surulere,Lagos, Nigeria.

Weekend - 9am

March 8th & 15th, 2018 Date -

VOLUME 3 ISSUE 45

Export TrainingProducts

current issues of gridlock in Apapa should make us to begin to think differently. The current issues is indeed a blessing in disguise in the sense that it should make us to begin to consider alternatives in transporting goods into the port and these can lead to the generation of more revenues in Billions on Naira for Federal Government, Lagos and Ogun states.Continue in next issue

goods coming in or going out of Apapa port be transported by roads? Why are we thinking only about rail to ease the movement of goods in or out of Apapa port? Why are we not considering other cheaper alternative.It is a common saying that if you do things the same way you have always done it and expects a different result, then such an individual have a flavour of insanity. In my opinion, the pains of loss to individual companies and the Nigerian economy in general from the

Generally in life, when people are faced with challenges, they tend to focus on fixing the issues only and this is done at the expense of the other opportunities and possibilities that the challenges present. The challenges of the Gridlock in Apapa throw up a number of questions that can provide a lasting solution and prevents a repeat of this ugly incident.The questions include the following: why must all the trucks bringing goods in or taking goods out of Apapa ports enter the Lagos metropolis? Why must all the

Title:

Export Business Made Easy

Speaker: Bamidele Ayemibo

Price: N 5,000

ExportMiscellaneous:

EXPORT ORDERS

LOCAL ORDERS

COMMODITY PRICES (LONDON METAL EXCHANGE AND BLOOMBERG)

S/N

S/N

PRODUCT

COMMODITY

SPECIFICATION MINIMUM SHIPMENT

1.

2.

3.

1.

2.

3.

4.

5.

6.

7.

PRODUCT SPECIFICATION PAYMENT MONTHLY VOLUME

Zinc Ore Purity 35% 60MT Per Month

120MT Per Month

60MT Per Month

121MT Per Month

60MT Per Month

122MT Per Month

Purity 60%

Purity 30%Lead Ore

Lead Oxide

Zinc Ore

Lead Ore

Lead Oxide

Purity 35%

Purity 60%

Purity 30%Bank Guarantee

Bank Guarantee

Bank Guarantee

Lead

Zinc

Cocoa Beans

Copper

Tin

Alluminium

Cotton

S/N

1.

2.

3.

PRICES UNIT OF MEASUREMENT

Metric Tonne

Bushel

Pounds

Metric Tonne

Metric Tonne

Metric Tonne

Metric Tonne

USD 1,995.50

USD 2,441.00

USD 2,219.00

USD 6,203.00

USD 19,100.00

USD 2,034.00

USD 81.83

New Issue

Apapa Gridlock Lessons Can Generate

Billions for FG, Lagos & Ogun State

Title:

Export Business in a Box

Speaker: Bamidele Ayemibo

Price: N 50,000

EXPORT NIGERIA CAMPAIGN

tradeacademy@3timpex.com08091244449 www.3timpex.com www.tradeinfong.com

...raising legion of exporters

Targets:

export seminar for religiousFREEorganizations, clubs, cooperative associations, etcObjective:educate, enlighten, empower thepublic and create employment

Page 4. VOLUME 3 ISSUE 45

Export Miscellaneous

Photo Speaks