Registrar of The Institute of Export of Nigeria, Samuel Adebayo Adenuga, has called on President Bola Tinubu to sign the Chartered Institute of Export and Commodity Brokers of Nigeria (CIECOBON) bill passed by the two chambers of the National Assembly since March 2017.

Adenuga said this at the 11th Induction and Award Ceremony of the Institute of Export of Nigeria (IOEN).

In a statement, yesterday, he urged Tinubu to consider the bill, which was not signed into law by his immediate predecessor, President Muhammadu Buhari and sign the bill as a way of encouraging export practitioners.

According to Adenuga, there is no reason for Nigerians to be poor, since the country has arable lands with good weather, observing that depending on crude oil export alone brought set back to Nigeria, resulting in mono-economy nature of the country.

He said: The farms for export produce and location for natural resources are too open to the foreigners. In the past, government registered buying agents, who buy from the farmers and grade the produce. They also see to it that the commodities are well dried before selling to the buyer, who now arrange it for export.”

He noted that export requires practical investment with higher funding that must be protected, but the security today on farms are nothing to write home about.

At the event, new officers were inaugurated for the institute with Chief A.A Iguoba as the President; Engr. Matthew A. Alalade as the Deputy President and Mrs. Ibidunni A. Asaolu as the National Treasurer.

The guest speaker at the event, Friday Uba delivered a lecture on “Tapping into the Emerging Opportunities in Nigeria’s Non-Oil Sector”.

In his contribution, Dr Adekunle Okubule implored exporters, whose products were rejected by foreign buyers to watch their export processing procedure by sending quality goods as agreed and be careful when sending their commodities on F.O.B term of agreement.