Business
Consultant Advocates Single Window Export To End Recession
A Produce Export Consultant, Mr John Isemede, has advocated for a single window transaction to ease export trade in the country, in order to end recession.
Isemede said this during a 2-day Customs Stakeholders Sensitisation Workshop entitled: “Ease of Doing Business Reforms’’ in Lagos, Thursday.
The consultant said that for the country to be out of the prevalent economic recession, there was need for the nation’s economic planners to think of export.
The exporter, who expressed disen-chantment on how import-related issues dominated the stakeholder’s workshop, presented a template on how to advance the nation’s exports.
“We cannot get it right if all we talk about is on imports, how come we seem to have jettisoned the universal economics rule of balance of trade?
“We should fashion out a way of encouraging exporters of our produce to get their wares to the international market.
“It is only when such measures are put in place that our Naira can stand tall among other currencies,’’ Isemede said.
According to him, in the late 70s and early 80s when the nation’s currency was soaring, the nation’s balance of trade was high, as against what is obtainable now.
He urged the agencies in charge of exports to streamline their activities into a single window, to enable potential exporters’ key into the needed paradigm shift for increased revenue generation.
Isemede said that the few exporters that stick their necks in the trade were not finding it easy with the existing mirage of official demands from different quarters.
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