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Aba Traders “export 1 Million Pairs Of Shoes Weekly” - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Aba Traders “export 1 Million Pairs Of Shoes Weekly” (974 Views)

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Aba Traders “export 1 Million Pairs Of Shoes Weekly” by rodeo0070(op): 10:40am On Jul 18, 2017
A recent report reveals traders from Aba export a whopping 1 million pairs of shoes every week to West African countries. Aba is the commercial capital of Abia State and a major manufacturing hub in the South East region of Nigeria.


According to an article in Daily Trust, Aba based dealers in leather and garment fabrication also recorded sales in excess of N1 billion in 2016.

The report referred to a press conference hosted by the Special Assistant to the Governor of Abia State, Chinenye Nwogu in Abuja on a fashion show slated for Monday.

Abia State Government Gov. Okezie Ikpeazu has been in the fore front of the made in Aba Campaign and has made shoe production one of his key focus. Back in April, the State Government announced that it had secured a $1.5 billion shoe factory deal with a Chinese shoe industry to contribute to the capacity building of shoe makers in Aba.

Here is what he said at the time

“Abia government is ready to acquire its own automated line of shoe production machine and we have a time frame to achieve it. “So, we believe that the interaction would contribute immensely to capacity building. “Today, the option left for us is to open our space for people to produce in Aba. So, we have translated our ‘Made in Aba’ campaign to ‘Make in Aba’ campaign,”

Source: https://brandspurng.com/aba-traders-export-1-million-pairs-of-shoes-weekly/

Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by nextprince: 10:42am On Jul 18, 2017
So?
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by Nobody: 10:48am On Jul 18, 2017
ok
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by MrDude: 10:51am On Jul 18, 2017
Igbos are such Industrious people... China of Africa. I'm NO Igbo but I admire them especially Nkechi's backside kiss
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by rodeo0070(op): 11:05am On Jul 18, 2017
nextprince:
So?
Here we go again...
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by echeprecious: 2:14pm On Jul 18, 2017
.
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by rusher14: 5:22pm On Jul 18, 2017
The stats don't add up.

1 million weekly implies 52 million annually. Yet, revenue of a paltry billion.

Does this imply they are sold at 20 Naira on the average?
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by rodeo0070(op): 5:34pm On Jul 18, 2017
rusher14:
The stats don't add up.

1 million weekly implies 52 million annually. Yet, revenue of a paltry billion.

Does this imply they are sold at 20 Naira on the average?
Hmmmm...
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by mccben4(m): 8:09pm On Jul 18, 2017
.
Re: Aba Traders “export 1 Million Pairs Of Shoes Weekly” by tectonotimes: 9:18pm On Jul 18, 2017
rodeo0070:
A recent report reveals traders from Aba export a whopping 1 million pairs of shoes every week to West African countries. Aba is the commercial capital of Abia State and a major manufacturing hub in the South East region of Nigeria.


According to an article in Daily Trust, Aba based dealers in leather and garment fabrication also recorded sales in excess of N1 billion in 2016.

The report referred to a press conference hosted by the Special Assistant to the Governor of Abia State, Chinenye Nwogu in Abuja on a fashion show slated for Monday.

Abia State Government Gov. Okezie Ikpeazu has been in the fore front of the made in Aba Campaign and has made shoe production one of his key focus. Back in April, the State Government announced that it had secured a $1.5 billion shoe factory deal with a Chinese shoe industry to contribute to the capacity building of shoe makers in Aba.

Here is what he said at the time

“Abia government is ready to acquire its own automated line of shoe production machine and we have a time frame to achieve it. “So, we believe that the interaction would contribute immensely to capacity building. “Today, the option left for us is to open our space for people to produce in Aba. So, we have translated our ‘Made in Aba’ campaign to ‘Make in Aba’ campaign,”

Source: https://brandspurng.com/aba-traders-export-1-million-pairs-of-shoes-weekly/
This is a very good development. Exporters and budding exporters, you need to keep yourself abreast of the contemporary dynamics of export business to avoid any pitfall, especially getting defrauded by the foreign buyers of your products. For more information, click on the first link on my signature.
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