Author Topic: WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS  (Read 625 times)

Offline Prince

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WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS
« on: March 24, 2009, 07:04:38 PM »
Nigerian Ambassador to  Ireland, Dr (Mrs) Kema  Chikwe, has  advanced reasons why  goods produced in Nigeria cannot penetrate the Irish markets.
She  made this  disclosure while  accompanying  the Irish Trade and  Economic Mission  whose visit to Nigeria ends on  Wednesday .
The reasons, according to  Chikwe,  are the  deliberate lack of effort and will by the Nigerian private sector companies to  break into the foreign markets, inability to meet the stringent sanitary standards demanded by European countries, poor packaging and labeling of products and poor quality of  products.
According to Chikwe, "while the Irish exports are making major inroads into the Nigerian market  with their finished export products, their Nigerian counterparts in the private sector are not performing to expectations."
The envoy also pointed out that in recent years, there had been  a dearth of  inward Irish investment  into Nigeria. She however mentioned  few  Irish  investments to include Guinness Nigeria Limited  (now Diageo) and P.W Overseas Limited.
She added  that  the new  Irish investment in  recent years  had been  Glania  which had invested about  USD80million in  milk production in Ikorodu-Lagos  and Trinity Biotech which in partnership  with the Federal Government  built a laboratory in Shedan, Abuja to produce test kits for HIV/AIDS, TB and Malaria.
Chikwe  said it is in  an effort to address  these imbalances in trade between Ireland and Nigeria  and the lack of awareness of its potential to generate significant  monetary returns for investors across a wide spectrum of business sectors  that she is in Nigeria with the Irish team to alter the present circumstances.

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« Last Edit: April 03, 2009, 09:20:35 PM by Prince »

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WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS
« on: March 24, 2009, 07:04:38 PM »

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Offline standollars

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Re: WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS
« Reply #1 on: March 24, 2009, 09:45:59 PM »
We surely do have a long way to go. But irrespective of that,i still have hope that we;ll get there someday.

Offline Prince

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Re: WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS
« Reply #2 on: March 24, 2009, 10:36:41 PM »
We can shorten the journey by been less greedy.

Offline d muguwokeup

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Re: WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS
« Reply #3 on: March 27, 2009, 12:45:50 PM »
Nigerian entrepreneurs are plagued by d spirit of '...good enough' aka mediocrity
« Last Edit: March 27, 2009, 12:54:43 PM by d muguwokeup »

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Re: WHY NIGERIAN GOODS CAN?T BREAK INTO IRISH MARKETS
« Reply #3 on: March 27, 2009, 12:45:50 PM »

 

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