EXPORT PROMOTION IN AGRICULTURE
MEANING OF EXPORT PROMOTION
The meaning of Export Promotion in Agriculture is a set of activities that are directed at increasing the sales of agricultural products to other countries. These activities include:
- Identification of products and markets
- Location of new investment opportunities
- Provision of trade information
- Provision of support services e.g assistance with export procedures, product quality, export financing, transportation etc
- Organising trade fairs and trade missions
Trade fairs are exhibitions organized to bring together producers and buyers in an atmosphere conducive to transact business
Trade missions consist of group of persons (government representatives and delegates of private business sector) who visit a foreign country with the aim of promoting trade.
Export promotions are responsibilities of organizations referred to as Trade Promotion Organization (TPO). NEPC Nigerian export promotion council is the federal government agency responsible for promoting trade in Nigerian goods. Therefore Nigerian TPO is NEPC. NEPC was established through promulgation of the Nigerian Export Promotion Act No 26 of 1976 and inaugurated in March 1977.
The Act was however amended in 1979, 1986, 1988 and 1992 to enhance its performance, minimize bureaucracy and increase its autonomy in dealing with members of organized private sectors involved in exportation.
List of some Agricultural Export products exported from Nigeria are: cassava, cashew nut, charcoal, chillies, cocoa, beans, coffee, cotton lint, fish, ginger, groundnut, gum Arabic, horns, kolanut, poultry, rubber, sesame seed, sheanuts, shrimps, skins, snails, tobacco, vegetable oil, wheat pellets, yam, grasscutter.
PROCESSED FOODS, VEGETABLES AND SPICES
They are: ginger, garlic, ukazi, cassava flour, garri, locust beans, yam flour, plantain flour, ground rice, ground melon, dehydrated vegetables.
Okro, mangetout (French beans), chillies, mangoes, pineaaples, sugar cane, cut-live-flowers.
IMPORTANCE OF EXPORT PROMOTION
- It provides employment opportunities and means of livelihoods to workers in the production, processing, transportation and export industries
- It provides foreign exchange for the exporter and the country
- It increases farmers income
- It encourages bilateral and multilateral trade relationship among nations of the world
This is aimed at regulating export trade and protecting natural and agricultural resources from exploitation. According to the Nigerian Customs Service, the following produce are prohibited from export;
- Wet blue and all unfinished leather
- Unprocessed rubber latex and lumps
- Wild life animals classified as endangered species and their products.