3T Impex Products: e-Export Seminar

EXPORT PROMOTION IN TERTIARY INSTITUTIONS (The EPITI Project) IN NIGERIA

Dear readers, 

We will like to intimate you with the details of our new initiative to promote export in Nigeria right from the Citadel of learning. This is aimed at creating jobs, reducing unemployment and consequently poverty in Nigeria. We will appreciate if you can be part of this and we will also like to say that No amount is too small.

As part of our objective to promote export business in Nigeria, 3T Impex is launching a strategic programme to grow an export oriented generation by educating and exposing the youth in tertiary institutions all over Nigeria to relevant export business information. This is aimed at sensitizing them on the immense opportunities that abounds in the non-oil export sector of the economy and how they can benefit profitably from it as a student (during their holidays) and as a young graduate. This will consequently reduce the unemployment rate in the country and help create young, skillful, vibrant and well equipped export trade entrepreneurs. This initiative is aimed at creating more Jobs (by self employed young graduate in export business), thus reducing poverty and consequently improving our economy via the growth of GDP that would result from massive exportation.

The EPITI Project

To achieve this feat, we have come up with a programme called Export Promotion In Tertiary Institutions (The EPITI Project). To execute this project, we have put together a product called the ABC of Export. This CD contains 2hours of disseminating export information in mp3 format which is divided into 12tracks on an Audio CD. We therefore need sponsorship of the production, packaging, campus launch through free export seminars and the distribution of the product during the seminar.

The EPITI Project will be launched in at least one major campus in each of the 36 states of the federation including Federal Capital Territory. Our target is to reach at least 10,000 students in each of the states in the federation. Our estimation of the total cost per ABC of Export audio CD to be distributed on these campuses during the seminar is NGN200 (Two hundred Naira only). This covers the cost of production, packaging, campus publicity and product launch through free export seminars and the distribution of each of the CDs. Altogether, we intend to produce and distribute a total of 400,000 copies of this product for free.

We are therefore soliciting for partnership with your organization to sponsor this project in part or in whole as part of the organization’s contribution to the growth of the Nigerian GDP through exportation, sustainable employment generation and drastic reduction in the poverty level across the country.

Area of Sponsorship

The Sponsorship of The EPITI Project has been segmented to enable each organization sponsor different aspects of the project based on their area of interest, region and capital.  A sponsor can therefore limit its sponsorship to:

1.     A particular state

2.     A particular geopolitical zone

3.     A particular amount

4.     A particular number copies of the CDs

5.     A particular area of the logistics (Production, packaging, publicity, transport etc)

Depending on the area of interest of each sponsor, the breakdown of all the cost implications will be made available to each partner in this project upon request.

Benefit to the Sponsor

Considering the fact that this project is going to cover every state in this country with a target of about 10,000 students in each state, the products and services of each sponsor will be given immense publicity through:

1.      Their logo which will be printed on the CD pack/sleeve

2.     Distribution of their handbills and fliers on all the campuses

3.     A short presentation of their products and services before the students during the free seminar.

Long Live Federal Republic of Nigeria!!!

LAGOS EXPORT SEMINAR-IKOYI

Export Seminar: March 2012

UNDERSTANDING INCOTERMS 2010- DDP (Delivered Duty Paid)

DDP (Delivered Duty Paid)

The seller is responsible for delivering the goods to the named place in the country of importation, including all costs and risks in bringing the goods to import destination. This includes duties, taxes and customs formalities. This term may be used irrespective of the mode of transport.  

UNDERSTANDING INCOTERMS 2010- DAP (Delivered At Place)

DAP (Delivered At Place)

New Term - May be used for all transport modes
Seller delivers the goods when they are placed at the disposal of the buyer on the arriving means of transport ready for unloading at the named place of destination. Parties are advised to specify as clearly as possible the point within the agreed place of destination, because risks transfer at this point from seller to buyer. If the seller is responsible for clearing the goods, paying duties etc., consideration should be given to using the DDP term.

Responsibilities
•    Seller bears the responsibility and risks to deliver the goods to the named place
•    Seller is advised to obtain contracts of carriage that match the contract of sale
•    Seller is required to clear the goods for export
•    If the seller incurs unloading costs at place of destination, unless previously agreed they are not entitled to recover any such costs
•    Importer is responsible for effecting customs clearance, and paying any customs duties   

UNDERSTANDING INCOTERMS 2010- DAT (Delivered At Terminal)

DAT (Delivered At Terminal)

New Term - May be used for all transport modes

Seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the disposal of the buyer at a named terminal at the named port or place of destination. "Terminal" includes quay, warehouse, container yard or road, rail or air terminal. Both parties should agree the terminal and if possible a point within the terminal at which point the risks will transfer from the seller to the buyer of the goods. If it is intended that the seller is to bear all the costs and responsibilities from the terminal to another point, DAP or DDP may apply.

Responsibilities

•    Seller is responsible for the costs and risks to bring the goods to the point specified in the contract

•    Seller should ensure that their forwarding contract mirrors the contract of sale

•    Seller is responsible for the export clearance procedures

•    Importer is responsible to clear the goods for import, arrange import customs formalities, and pay import duty

•    If the parties intend the seller to bear the risks and costs of taking the goods from the terminal to another place then the DAP term may apply.