Business
NEPC Sets Guidelines For New Exporters
In a bid to encourage
new entrants into the export business, the Nigerian Export Promotions Councils (NEPC), has outlined strategies in the export of Nigerian products successful.
According to a release from the zonal office of the agency that was made available to The Tide on Friday, it stated that beginners do their homework properly with a view to knowing themselves.
The release stated that beginners need to realize that it was a commitment for a long time business.
An overview of the export trade includes what products and services that could be exported from Nigeria under categories that include merchant, Agent and Producer / Manufacturer.
One major challenge, the statement explained as a beginner in the trade include lack of product and market information, logistics management of export procedures and documentation, lack of access to fund to start export businesses, amongst others.
On how to develop an export culture, the statement listed ignorance about export culture, becoming aware of exports and doing nothing and the need to attending workshops and seminars and conferences to acquire export knowledge.
In order to start exporting, the statement said individuals, companies/ cooperatives should seek further understanding by registering with NEPC as an exporter.
Others include export quotation product sourcing, market knowledge, funds sourcing, making an export offer, payment methods as well as documentations.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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