Commerce, SS 1, Week 8
Topic: Nigerian Export Promotion Council
Contents:
- Meaning of Nigerian Export Promotion Council
- Functions of the Nigerian Export Promotion Council
- Meaning of Nigerian Airports Authority
- Functions of Airports Authority
Meaning of Nigerian Export Promotion Council
Nigerian Export Promotion Council (NEPC) was set up to assist exporters in the course of exporting goods and to set out procedures for export trade. The council also assist in assessing the performance of Nigeria’s export commodities in foreign market.
Functions of the Nigerian Export Promotion Council
The following are the functions of the Nigerian Export Promotion Council
- Trade information service: The Nigerian Export Promotion Council establishes and operates international trade information centres to provide prompt information service.
- Organize training Activities: NEPC organizes training programs, seminars, conferences, and workshops in export management and international marketing.
- Creation of awareness: The council produces publicity materials to publicize the export potentials of the country and by so doing create awareness for them and the council’s activities.
- Export development activities: The NEPC helps to give advice on quality control, packaging, and product design to ensure acceptable standard of exportable goods.
- Export Financing and Incentives: It assists in in financing export by evolving measures designed to make available export financing facilities, investment etc.
- Trade Enhancement Activities: NEPC reviews all liberalizes export procedures and documentation to enhance clearance at the port.
Nigeria Airports Authority
This is a statutory body charged with the responsibility of controlling and managing the airports as well as providing adequate airports facilities. Examples of local and international air port in Nigeria are: Muritala Mohammed International Airport, Aminu Kano International airport are examples of international airport. Enugu airport, Calabar airport are examples of local airport.
Functions of Port Authority
- Provision of warehouse: The airports authority are involved in providing of warehouse for storage of goods before loading and off loading
- Ensures cleanliness of airport: The airports authority sees to the environmental sanitation of the airport
- Administration: It sees to the general administration, management and control of the airport.
- Revenue collection: The airport authority takes charge of collecting airport taxes from airlines, shop operators in the airport etc.
- Promotion of Foreign Trade: The Nigerian Airports Authority promotes foreign trade through the movement of goods and services.
- Housing of security agents: The airports authority provides office accommodation for customs, immigration, police and other agents working at the airport
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