Imports and Exports: The Curious Case of Nigeria.
If you have been following us for some time now you must have realized that a large chunk of our articles in recent timed have been centered mostly on enlightening you about the important things you need to know as an individual or organization involved in logistics, especially from the standpoint of imports and exports.
The connection between international trade and economic growth is an undeniable reality. For Nigeria as a developing country, international trade is a very important factor that influences the growth of the economy. International trade is one of the direct ways to secure globalization because increase in trade activities across border is principal to the globalization process.
As a nation we would do better by encouraging SMEs to be more involved in putting their business on the international market and thus open up other vistas for the nation in exploiting other sectors of the economy other than dependence on crude oil. The oil market has experienced a significant decline in recent years due to the unpredictable fluctuations in its prices.
It is thereby very important for the Government to engage logistics companies to spread the word amongst organizations and individual businesses to be more intentional about entering the international market and thereby create room for economic growth via exports.
At TGL, we are readily available to smoothen your journey with our swift logistics process. Our services cover logistics, commodities trading and providing EPC services in the energy sector and other related sectors. With a team of over 50 years’ combined experience in freight forwarding, out-country and in-country logistics, compliance/documentation, and core technology services and we are more than able to ensure that the logistics process(es) of your business stays afloat.