The Customs Area Controller at Tin Can Island, Lagos State Command of the Nigeria Customs Service (NCS), Comptroller Dera Nnadi, has underlined the thriving nature of local product exports, specifically emphasizing the significant demand for plastic goods in neighbouring regions facilitated through land borders.
Nnadi, who spoke in Lagos, noted the mounting interest in domestically manufactured plastic products in nearby countries expressing the assurance that with proper cooperation between the public and private sectors, exportation might surpass imports in due time.
Reflecting on his tenure as the former Area Controller at Seme Command, NCS, Nnadi expressed concern over the underreporting of Nigerian product exports by the local press. He attributed this oversight to the media’s predominant focus on imports, which he believed contributed to an unfavorable trade balance.
Recalling his experience, he mentioned the daily sight of numerous trucks queued up at the corridor, transporting locally manufactured goods from Nigeria to neighboring countries.
Beyond plastic exports through border posts, Nnadi emphasized the significant export of foodstuffs, particularly perishable items like vegetables and fruits, through the nation’s airports to the diaspora.
He highlighted the increasing demand for Nigerian tobacco abroad and underscored the potential for exports to fortify the Naira against the Dollar, indicating the country’s currency competitiveness in global markets.
Expressing concern over the disproportionate ratio between importers and exporters in the maritime sector, Nnadi urged for a more significant involvement of exporters in the logistics supply chain. He stressed the need to balance trade for the benefit of the Naira’s strength against foreign currencies.
Additionally, Nnadi called upon the media to prioritize coverage of exports in international trade, highlighting the significance of this aspect.
Encouraging shippers to enhance their capabilities in product packaging and processing, Nnadi emphasized the potential for growth in the export sector.
He urged stakeholders to focus on expanding their capacities, ultimately contributing to a more balanced trade and fostering a stronger export market.