ICMCI Practicing Licence and Fellowship Award!

Dear Colleagues,

I’m pleased to notify you of my recent award as a Fellow of the Institute of Management Consultants (IMC) and also I have been issued a Practicing Licence from the International Council of Management Consultants Institute (ICMCI), thus an internationally Certified Management Consultant (CMC).

Thank you.

Seyi Adewale

General Manager, Mainland Cargo Options Ltd.

a Subsidiary of NAHCO Group!

2017 Half Year AirCargo Performance – and Nature of Cargo Exports for June ’17

Data logs from Nigeria’s main AirCargo Export Terminal reveals the following half year facts and business performance for 2017:

Cargo Imports

There is 18% decline in Cargo Imports year-on-year (2016 vs 2017). This reinforces the already known facts and limiting Cargo Import issues such as Forex Sourcing, Consumer Disposable Income, Lowering ‘Thirst’ to Foreign Products, FG’s Restriction or Caps on Imports, Port / NCS Charges etc.

Cargo Exports

There is 13% growth in Cargo Exports (year-on-year) even though this cumulatively appears to be lower than the average month-to-month growth of 51% in YR 2017 Exports. This somewhat reduction in growth is skewed in favor of an exceptional export item and transaction between June-August 2016 whereby a major manufacturing company exported very large and exceptional quantities of Agro-Sacks to another of its Plant in an East African Country.

Nature of Cargo Exports for June ’17

Important Notes – June Exports!

1. There is a noticeable demand for Topaz and its possible deposit and mining within a certain part of the Country.
2. Kolanut has a significant percentage of the Foodstuff/ Edible Items.
3. Fibers from vehicle exhaust pipes has a coded market and trending.
4. Noodles and Beverages remain in very high demand outside the Country.
5. Leather export quantity is reducing even though still in high demand. Potentially, sourcing could be more difficult with increased regulatory oversight and restrictions.
6. Lastly, Moringa Seeds now trending!

Thank you.

http://www.seyiadewale.com………………..Resourceful, Innovative, Tactful!

Understanding Pharmaceutical Imports into Nigeria – Incredible India!

The principal government agency responsible for safeguarding the public health of the nation data log on medical drugs (and other pharmaceuticals) importation into Nigeria reveals that a total of 4.9Billion Kilograms of pharmaceuticals were imported into the country between 2014 and 2015 with a total import value of (CIF) 167.1Billion Naira.

There were 71 known Countries of Origin of these imported pharmaceuticals with only 1.6Million Kilograms having uncertain or unclear country of origin.

Countries of Origin – Incredible India!!!

The Top 10 Countries (as seen below) by import value constitute an amazing 86.72% of all these pharmaceuticals into Nigeria with India occupying the Top Spot at 46% of all these Pharmaceutical imports.

Top Ten

1. India
2. China
3. France
4. UK
5. Switzerland
6. Germany
7. Italy
8. USA
9. Indonesia
10. Netherlands

Africa?

Yes, Africa is represented. The highest ranked pharmaceutical imports of an African origin is from Egypt occupying the 12th position out of the 71 known Countries of Origin. However, the total value of these imports of African origin constitutes only a meagre 2%. There are 7 known Countries of African origin with Egypt, South Africa and Kenya holding the 1st, 2nd and 3rd positions respectively.

Suggestions

1. There needs to be a concerted and teleoguided efforts by all Stakeholders within the Supply-Chain to further assure and/ or complement the resounding efforts, strides and achievements made by NAFDAC.
2. Innovative Tax Incentives, Concessions or Waivers should be considered for Entities investing in the Quality Assurance of these pharmaceuticals and thus ensuring a healthier citizenry.
3. Other Stakeholders such as Port Administrators & Managers, NCS, Local Insurance Companies, Plant Quarantine, Freight Forwarders, ANLCA, GHAs should be more educated on their specific or respective roles and responsibilities within the Supply-Chain for further Quality Assurance.
4. To accentuate the first point above, Investing Entities in Pharmaceutical Assurance within the supply line ought to be considered as ‘Pioneer Status’!

Thank you.

http://www.seyiadewale.com ……………..resourceful, innovative and tactful!

 

 

 

The Advent of First Air-Cargo “Export Processing and Packaging Centre” for Agri- at Lagos Int’l Airport

Emerging (Air-Cargo) Export Developments in Lagos, Nigeria

There are notable developments in the air-cargo business in Nigeria whereby many investors, aviation enthusiasts and promoters are keen to capitalize on the recent opportunities derived from FG’s aggressive Export Promotions inclusive of its improving the “Ease-of-doing-Business” in Nigeria objective. The respective, needed and associate Ministries, Departments and Agencies (MDAs) appear to have keyed into this Vision.

Why this keen Interest?

1. FG is willing to support any business mission that aligns with its Economic Recovery and Growth Plan (ERGP). This FG plan has been endorsed by IMF.
2. States are complementing FG’s effort by developing direct incentive schemes geared at assuring the survival of emerging and targeted categories of new businesses or trade.
3. CBN through its Governor (Mr. Godwin Emefiele) appears to be very supportive of FG’s Agric, Agro Allied and related business initiatives by monitoring the utilization of the FG-CBN dedicated Funds through Commercial Banks for this purpose. An Agric EPZ project at the Lagos Airport could benefit from the provisional single digit loan (Effective interest rates could be as low as 8%. Indeed, the normal lending rate in Nigeria is approximately 30%).
4. The increasing economic activities around agric produce or products with its lucrative air trade and facilitation benefits that meets international acceptable standards in:

• Gradation, Standardization – Acceptance
• Product Packaging
• Freighter Flight Services; athough futuristic, there is a genuine need to promote indigenous and dedicated Cargo Airline Operators/ Owners such as Allied Air! Allied Air is the first Cargo Airline in Africa to be IOSA certified by IATA. Allied Air commenced operations about 20 years ago and has been operating commercial freighter flight services under very high safety standards which endeared the cargo airline to a long standing business partnership with DHL Global.
• Improving Security, Safety and general operational Efficiency. Lagos Airport passed both ICAO and TSA Audits with very good reports.

The Model for Air-Cargo Export Processing and Packaging Centre

1. The Centre should be located in or around the Lagos International Airport.
2. The Centre should at least have 5 differentiated compartments or sections, namely; Acceptance, Cleaning & Packaging, Screening, Sterile and Feeder Service.
3. The Screening Section ought to be handled or subcontracted to an Aviation Ground Handling Company that has the majority of the Standard Ground Handling Contracts (SGHA) with Foreign Airlines for ease of trade, is Ra3 Certified with NNRA authorization, ISAGO Certified, and capable of rapidly responding to changes within the global space.
4. The Feeder Service Section should incorporate Nigeria Customs Service (NCS) into its design and operate through Custom Bonded Truck services to the foot of the aircraft.
5. Project funding ought to be through favorable financial conditions such as FG-CBN facilitated Single Digit Medium Term Commercial Loan. Additionally, other financial institutions such as Afrexim Bank promote intra and extra African Businesses or Trade.
6. There needs to be at least somewhat endorsement by Nigeria Export Processing Zones Authority (NEPZA).
7. There ought to be pre massive promotional campaigns, enlightenment programs, seminars, and the involvement of all Stakeholders including The Presidency, Ministry of Trade and Investment, Ministry Of (Transport) Aviation, NEPC, NCAA, FAAN, CBN, PEBEC, NIPC, Lagos State Ministry of Trade and Rural Development, NAHCO etc.
8. The Centre/ Zone must have enough space for Expansion purposes.
9. Pre determined partnership with Foreign Importers, Suppliers, Food Stores/ Chains through renown Agencies or Agents such as Europe’s Supply Chain and Marketing Expert – Andy King.

Potential Export (Business) Advancement

Local promoters and/ or investors must not stop at investing only in the direct export facilitation but should further develop the supply chain (value creation) by directly investing in local capabilities to refine or process these agri produce into semi or finished  products in order to create more value, generate more revenue (Forex), create more jobs, harness local content and product innovation, knowledge transfer and talent development that would lead to National sufficiency and sustainability.

Thank you.

http://www.seyiadewale.com ………………………Resourceful, Innovative and Tactful!