₦airaland Forum

Dghetto:
blogger drop your URL for review now.

but let you people start with mind
http://unitedtab..com

www.tectono-business.com
The blog is called Tectono Business Review. It is the Nigerian version of Harvard Business Review, Oxford Business Group, EuroMoney and Financial Times. It publishes business news, business articles and business adverts. It is meant for the elites like business tycoons, top politicians, captains of industries, heads of federal parastatals, top managers of blue-chip companies. It is very educative and informative.

Tectono Business Review is the Nigerian version of Harvard Business Review, Oxford Business Group, Financial Times, The Economist, EuroMoney etc. It publishes business news, business articles and adverts. The main people that read our publications several times in a day are the elites such as business tycoons, top politicians, captains of industries, heads of federal parastatals, CEOs and top managers of multinational companies. We publish via our website: www.tectono-business.com/ We would like you to be the face of our publishing firm for the week? It is a weekly contest.

So, do you consider yourself beautiful, educated, intelligent and worthy of being published in the most sought after business consultancy, research and publishing website worldwide? Do you want your profession, skills and all your good qualities to be showcased all over the world? Then, apply to become Tectono Lady of the Week.

Yes, anyone who wins Tectono Lady of the Week will have her picture, phone number (optional), profession and a full description of herself published in Tectono Business Review and shared on all social media platforms. Do you know what it means for millions of people to know you, what you do and what you intend to do in the future and also contact you? It is the easiest avenue of becoming a superstar in your own field of endeavor and also prosperous. To apply, click the link below and follow the instruction.
http://www.tectono-business.com/2016/01/become-tectono-lady-of-week.html

Folks, it is a truism that Nigeria is a country blessed with so many natural and agricultural resources. We are so much blessed that we seem to have these resources in excess as compared to almost all the countries in the African continent. Whether we’re using these resources to our advantage or not is a different ball game entirely.

We, at Tectono Business Review, recently stumbled on United Nation World Tourism Organisation’s (UNWTO) website to check out some of the programmes it has lined up for the last quarter of the year. In the coming months, the apex tourism body will be organizing a Wine Tourism Conference in collaboration with the Georgian National Tourism Administration.

The press release on its website stated: “Georgia’s unique winemaking traditions date back 8,000 years and are considered by UNESCO as intangible heritage, making the country an ideal host for the Global Conference on Wine Tourism. The country’s recent success in attracting a growing number of tourists and its development of tourism products, branding and marketing, combine to present an excellent platform for sharing best practices, experience and knowledge.”

Let us ask this question. Which wine is better than our locally tapped palm wine? If you have ever been served palm wine in any part of Nigeria especially the western and the eastern regions, you would be able to testify that nothing beats the taste of our freshly tapped unadulterated palm wine. On the other hand, what beats our imagination is the fact that we’re not doing anything grand with this quintessential alcoholic beverage beyond just consuming it locally and may be a few exportations.

We can still do so much more. And surprisingly, there is a huge market for this natural product abroad. The revenue generated every year locally is nothing compared to what we can earn as a country if we intensify exportation of this product. The product has the potential of generating millions of dollars every year if done properly and supported with the necessary marketing efforts. In order to galvanize the exportation of the local palm wine, Tectono Business Review along with some international trade scholars and professionals with many years of practical experience have packaged a book that will help budding exporters to avoid being defrauded in the course of export business. It teaches export operations, export management, export documentations, methods of payment is export business, among others. It is a compilation on all the steps palm wine exporters should follow from the point of packaging the palm wine to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

It is a course of wisdom to create festivals or conferences that will bring tourists from other countries to come into our country, considering the fact that we’re at a point where growing our hospitality and tourism industry is especially important. Organizing an annual Palm Wine Festival, or something of that sort will boost the inflow of tourists into our country which will directly contribute to the economy. For instance, more jobs will be created, more hotels will experience increase in patronage, airlines will make more sales and several other attendant benefits. A typical festival will need about three to six months to plan and will gulp between N4m – N10m. But the ROI will likely triple the expenditure and once this becomes a yearly event, an additional source of income will definitely emerge.

Beyond hosting a palm wine festival or conference or whatever nomenclature we eventually come up with, I think it’s also important for public private partnership to promote, on a large scale, the exportation of unadulterated palm wine to neighbouring countries and major European countries. We stand to benefit immensely from its export.

We only need to get the packaging right and voila, the orders will start coming in. However, before we start intensifying commercialization of this product, local promoters should make conscious effort to get as many Nigerians as possible to start making demands. Thankfully, e-commerce has changed the way everything is done. It’s not improbable for a seller to open a platform on any of the online marketplaces and support it with appropriate publicity. We will go beyond local consumption to selling to other continents. But first, we need to grow local demands for the product.

The journey to building our country to Africa’s number one tourist destination is filled with many road bumps. But every step we take should always be in the right direction. Else, things might just fall apart.
Source: www.tectono-business.com

CONTEMPORARY STEP-BY-STEP GUIDE TO EXPORT BUSINESS
It is glaring that many exporters have been defrauded in the process of exporting goods to other countries owing to the fact that they do not have adequate training on export operations, export management, export documentations and methods of payment is export business. The link below is a compilation on all the steps exporters should follow from the point of packaging the goods they intend to export to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

CONTEMPORARY STEP-BY-STEP GUIDE TO EXPORT BUSINESS
It is glaring that many exporters have been defrauded in the process of exporting goods to other countries owing to the fact that they do not have adequate training on export operations, export management, export documentations and methods of payment is export business. The link below is a compilation on all the steps exporters should follow from the point of packaging the goods they intend to export to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

The Medium Term Expenditure Framework (MTEF) presented annually by countries is designed to provide nations, especially the investment community and the international institutions – World Bank, International Monetary Fund, African Development Bank and others – more scope than the annual budget can afford. It is usually a three- or five-year document, depending on the ambition of the Ministry of Planning.

Nigeria had adopted the three-year MTEF since Dr. Ngozi Okonjo-Iweala became Federal Minister of Finance. Incidentally, she prepared the last one in 2014 – covering 2014 to 2016. The update last year was not carried out because President Buhari delayed in appointing ministers until October. By then all that the Ministry could achieve was the 2016 budget – which, being hastily prepared, has turned to be a mess now.

So, the good news is: there is now an MTEF from the Buhari administration. At least Nigerians and the international community have a glimpse into the minds of the nation’s economic managers. By this time last year, we were in the dark while those illiterate in economic matters praised the President for wasting valuable time in appointing economic managers.

The bad news is: the MTEF just delivered to the National Assembly (NASS) is as defective as all the others since 1999. Certainly, on this score, there is no “change”. It is a fact that no budget submitted to the NASS since 1999 had been fully implemented – even when the previous governments had all the time to prepare them.

The 2016 budget on which the MTEF is based suffers horribly from the rush job that produced it. Consequently, with eight months gone in the year, it is on course to be the worst executed budget in seventeen years. With that budgetary problem as the foundation for 2017, it is obvious why the document before the NASS can, at best, be described as a salad bowl of illusions.

Two items on its basic assumptions would help to illustrate the departure from reality to fantasy which this particular MTEF represents. The first is the assumption that Nigeria will export 2.2 million barrels of crude oil per day next year. That is lazy thinking. The same figure had been adopted for budgeting for more than ten years. Yet, the records would show that not even in the halcyon days of Obasanjo, Yar’Adua and the early months of Jonathan were 2.2 million barrels per day successfully exported.

Today, the global crude market has been altered. There are more competitors, the global economic growth has slowed, our former number one customer (USA) has now become an exporter and competitor, Iran has returned to the market, Angola is now the largest African producer and militants hold us to ransom. Shell had forecast that the current global glut would last till the end of 2017. Can anybody seriously expect Nigeria to achieve 2.2 million barrels per day?

Second is the projection of N7.78 trillion expenditure for the period under review. Experienced budgeters start from the expected result for the current year; then they add a reasonable percentage to arrive at the forecast for the next year. Against this time-tested approach, the Federal Government of Nigeria is presenting estimates for next year which are totally at variance with the experience this year.

In the current year, with a budget of N6.02 trillion, the country has so far achieved less than 60 per cent of revenue projection. Nothing in the economic horizon suggests that the full year’s result will be different. So, at best, the revenue for 2016 will be about N4 trillion. Can anybody seriously suggest that the revenue next year will double that of the current year?

Where will the money come from? Certainly not loans or crude oil or non-oil exports. Finally, the Gross Domestic Productivity (GDP) growth of four per cent is assumed. The same was assumed for 2016. Yet, Nigeria has entered into a recession and registered minus 2.6 per cent growth for the first half of the year. There are no prospects for a reversal by December.

Meanwhile the IMF had predicted 1.6 per cent growth for sub-Saharan Africa. Can anyone really expect Nigeria to grow at more than double the regional average and based on what? We call on the NASS to return the document to the President for more work. It will amount to a monumental waste to consider it. Otherwise, they would have to totally rework it themselves.
Source: www.tectono-business.com

mamaafrik:
E be like say the village people have started doing "anniversay" in their head,Osinbajo suld come in now b4 they use the economy as "specimen B"again.

It is well.

The lack of coordination between the nation’s fiscal and monetary authorities has become manifest as the Central Bank of Nigeria, CBN, yesterday, refused to cut interest rate, as suggested by the Minister of Finance, Mrs. Kemi Adeosun.

The Finance Minister had on Monday, called on the CBN to lower interest rate, so the government could borrow domestically to boost the economy without increasing debt servicing costs. But Governor of the CBN, Mr.Godwin Emefiele, who briefed the press at the end of the Monetary Policy Committee (MPC) meeting in Abuja, said rate cuts in the past did not result in banks giving credits to the real sectors of agriculture and manufacturing as instructed. The CBN Governor said a cut in the rate at a time inflation was rising could worsen the nation’s economic situation.

In his own words: “Whereas the Minister of Finance has called for a reduced interest rate at this time, the MPC decides otherwise. Basically, like I said, both the monetary and fiscal authorities have the intention to achieve growth, but the direction through which we want to achieve it may differ as long as you still achieve the growth.

“The issues here, just as we have read in the communique, is that when you say reduce the interest rate, there are two possibilities here. You are saying because you want that to push credit to the private sector at lower rate, or two which I have had the fiscal authorities talk about, is to be able to borrow at lower rates and spend. Our view at the MPC, which was exhaustively discussed, was that in the past, there was a time when MPC decided, not only to reduce the policy rate, but, indeed, also increased the Cash Reserve. Past rate cuts channeled to traders

“These were intended to lower rates and encourage spending, particularly to the private sector. After we did that, because we did not see the impact of credit to the private sector, we needed to further redo the CRR. During that first section, we reduced the CRR from 30.5 to 25%. It provided an opportunity for about N1trillion to be injected by the CBN into the economy or made available to the banks.

“But rather than loan this money to the banks or loan them to the consumers, or agriculture and manufacturers, like we said in the communique, we found that those credit went to traders, who used them to demand for foreign exchange, which ended up putting pressure on the foreign exchange market. That was what happened.

“Subsequent to that, we said since this money wasn’t deployed directly, we would also be reducing the CRR, then from 25% to where it is right now, which is 22.5%. That was going to provide between N350 billon and N500 billion through that avenue. But we said we are not going to allow the banks to really have the cash until they send proposals to the CBN for primary agric projects, new manufacturing projects and other projects that will spur industrial capacity and manufacturing output.

“I must confess that the proposals we received were mainly for the purpose of refinancing the liquidity of the banks and we thought that was not what we wanted and that is the reason we have been a little circumspect about raising some of these liquidities. But we are looking at the books and very few of them that have submitted proposals for agric, new manufacturing projects will be considered in due course.

“The second part of it was that yes, if you lower interest rate, what that will do is that it will make it possible for the fiscal authorities to borrow at lower rates. We are saying fine, if they borrow at lower rate, it simulates spending, what that does is that it simulates demands for goods by providing cash or money to be spent without taking actions to boost industrial capacity. When you take actions to boost manufacturing output, what happens is that you will see a situation where you have too much money chasing too few goods, which will also worsen the inflationary condition in which we are now. FX inflow above $1 b since July.

“That is why we are saying the option that we will like to adopt is, while the fiscal is going ahead to spend, what we want to do is retain the rates where they are. When you say retain the rates where they are, you are saying you want to defend a tight situation so that it will again, as we said at the last meeting, encourage the inflow of capital. But I was not that optimistic, but today, I can report that I am looking optimistic because between July and now, we have seen inflow of foreign exchange (FX) of above $1 billion.”

Emefiele said he was hopeful that with the improved inflow of foreign exchange into the country, the value of the nation’s currency would soon rise to the benefit of the economy. He, however, said the economy was still faced with “elevated risks on both price and output fronts.” All monetary policy instruments were retained at their current levels. Monetary Policy Rate, MPR, at 14 per cent, Cash Reserve Ratio (CRR) at 22. 5 per cent; Liquidity Ratio at 30 per cent and asymmetric window at +200 and -500 basis points around the MPR.
Source: www.tectono-business.com

NVasion:
Charcoal exportation business does not have any risk, You will only need to go to the custom and ask for the necessary duties you are to pay for your container to move out of the seaport, U can call me, if you need my assistance, I export Teak Wood to my customers in Indian

Well, charcoal export is easy but you cannot say that it does have any risk. It is glaring that many exporters have been defrauded in the process of exporting goods to other countries owing to the fact that they do not have adequate training on export operations, export management, export documentations and methods of payment is export business. The link below is a compilation on all the steps exporters should follow from the point of packaging the goods they intend to export to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

HERE COMES NIGERIAN VERSION OF HARVARD BUSINESS REVIEW AND OXFORD BUSINESS GROUP
Tectono Business Review is the Nigerian version of Harvard Business Review, Oxford Business Group, EuroMoney and Financial Times. It publishes business news, business articles and business adverts.

It is meant for the elites like business tycoons, top politicians, captains of industries, heads of federal parastatals, top managers of blue-chip companies. It is very educative and informative.

Avail yourself of this opportunity of reading Tectono Business Review publications just by clicking:
www.tectono-business.com

HERE COMES NIGERIAN VERSION OF HARVARD BUSINESS REVIEW AND OXFORD BUSINESS GROUP
Tectono Business Review is the Nigerian version of Harvard Business Review, Oxford Business Group, EuroMoney and Financial Times. It publishes business news, business articles and business adverts.

It is meant for the elites like business tycoons, top politicians, captains of industries, heads of federal parastatals, top managers of blue-chip companies. It is very educative and informative.

Avail yourself of this opportunity of reading Tectono Business Review publications just by clicking:
www.tectono-business.com

newinvest:
hi
i am quite new to export buzz.
can anybody give me free info on where/how to source for bitter cola in order to export.
i already have foreing buyers.
please reply.

Since you are new to export business, do you know that many exporters have been defrauded in the process of exporting goods to other countries owing to the fact that they do not have adequate training on export operations, export management, export documentations and methods of payment is export business. The link below is a compilation on all the steps exporters should follow from the point of packaging the goods they intend to export to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

You can also start export business which is not as difficult as people think it is. However, it is glaring that many exporters have been defrauded in the process of exporting goods to other countries owing to the fact that they do not have adequate training on export operations, export management, export documentations and methods of payment is export business. The link below is a compilation on all the steps exporters should follow from the point of packaging the goods they intend to export to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

ultrarich:
How I started my export business with zero capital.<br>
My name is Bankole Kayode, the md/CEO of whales energy ventures, a registered company mainly for agro-allied export business since 2011. Without much storey telling, I will go straight into how I started my export business with zero capital base. Before I continue, I want you to know that you can start a business or be anything you want to be especially if you can imagine it and act it.<br>
<br>

NOTE: I am not a grammarIan, so don't mind my grammar.

Some years ago i run a type setting business centre owned by my elder brother wife. During this period as a typist I typed a lot of document and opportuned to see a lot of customers document. One day, while doing the normal typing, a customer worked in and gave me a document called proforma invoice and packing list which has the break down of charcoal export in thousands of dollars, I got curious but kept quiet. Some days latter, the customer worked in again and prepare another proforma invoice, because of my speed and accuracy the customer became regular, hence we got close. After some months of good relationship, I was able to ask him to teach me the business. To cut the long storey short, he put me through the online platform to get client and he register me, after some more months I was able to nab my first client. NOTE: I HAVE NOT REGISTER ANY COMPANY AS AT THIS TIME. So I propose to the client I will be shipping the goods in partnership, meaning I wont have to use my company name which he agreed to. So I presented my to be partners details, including his bank details  where the banking instrument called  Letter of Credit (L.C) will be received. Unfortunately, my to be partner had serious crises few weeks after I submit his details to my client, so I got scared but fortunately for me, my client is trying to avoid L.C charges and every effort my client made to raise the L.C (Letter of Credit) proof abortive, then he suggested if he could pay me some advance then after completing the job, he will pay my balance, I immediately jump at it, then i had to start the process of registering a business name, then use my teacher export licence to export it.  And that was the beginning of my export carrier since 2011. Till today i still have copy of the telex for the transfer to my personal domiciliary account that was opened to trade forex but ended up as the saving grace for the export business. I am open to your questions and comment. Thank you.

Do you want to start agro export export but don't know how? Attend our free 4 Saturdays theory and experience sharing in agro export.

WHAT YOU WILL LEARN
1. Theoretical export training
2. My personal good and bad experience in the business
3. Those that are willing to travel will be taking to field to see how to relate with locals (very important to a successful export) Note: participant will cute their travel expenses bills.
4. Opportunity to crowd fund export business and contract sourcing. Leave you phone nos and name if interested. You can also indicate if your number is on whats app. Any question?

OP, I agree with you. We have discovered that exporting is not as difficult as people think it is. However, it is glaring that many exporters have been defrauded in the process of exporting goods to other countries owing to the fact that they do not have adequate training on export operations, export management, export documentations and methods of payment is export business. The link below is a compilation on all the steps exporters should follow from the point of packaging the goods they intend to export to the point of payment. To read it, click:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

HERE COMES NIGERIAN VERSION OF HARVARD BUSINESS REVIEW AND OXFORD BUSINESS GROUP
Tectono Business Review is the Nigerian version of Harvard Business Review, Oxford Business Group, EuroMoney and Financial Times. It publishes business news, business articles and business adverts.

It is meant for the elites like business tycoons, top politicians, captains of industries, heads of federal parastatals, top managers of blue-chip companies. It is very educative and informative.

Avail yourself of this opportunity of reading Tectono Business Review publications just by clicking:
www.tectono-business.com

WHY ALL ENTREPRENEURS MUST EMBRACE E-MAIL MARKETING CAMPAIGN
E-mail marketing is the easiest and most affordable way of reaching your target audience and would-be customers within some minutes. If you spend little percentage of just your one month budget for advertisement on email marketing, you could double your client base. Harvard Business Review has proven that email marketing has a far higher return on investment (ROI) than traditional advertisement and even the highly advocated social media adverts.

E-mail marketing is fast becoming the most reliable and profitable marketing strategy in this country owing to the fact that each recipient of your e-mail campaign is more likely to patronize you. So, if you have not started using this strategy in your business, you are definitely missing a whole lot of patronage from prospective big clients.

With e-mail addresses at your disposal, you do not need to pay through your nose again in placing adverts in the print or electronic media for your products and services. You just have to package your adverts/proposals very well and send directly to your prospective clients via e-mail. It will reduce cost, time and improve the bottom-line of your organization. The e-mail addresses are usually separated with commas (,). You will just paste your proposal/advert on the body of the e-mail, copy and paste the e-mail addresses on the BCC row bit by bit and send. It is very simple. For more information on the advantages of e-mail marketing, click the link below:
http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html

DR. JIMOH IBRAHIM LECTURE SERIES ON WEALTH CREATION
Dr. Jimoh Ibrahim lecture series is a topic-by-topic compilation of lectures delivered by the billionaire businessman and founder of Energy Group of Companies, Barrister Dr. Jimoh Ibrahim (CFR), on how he conquered abject poverty and became a billionaire at a record age of 36. It also contains his lectures on financial intelligence, several business and wealth creation ideas. To read it, click:
http://www.tectono-business.com/2015/10/tectono-business-review-presents-dr.html