28/01/2017
Somnie10, I stated in my post earlier when you raised the question that timber is in the list of export prohibition lists, but you can export legally. Legally, because we pay custom export charges and other related charges to the Nigeria custom services. Therimbers are not been smuggled out. They know the reason why it is in the list of prohibition commodities. And the custom charges we pay accrue to FG revenue.
As you rightly said, every business has a risk. If you know the nitty gritty of the business, you can still manage and navigate yourself out of those risks. Reason you need mentorship in business. I have done this business for the past 1 yr at least, am still here. The issue of leaving a loaded container in the beach you raised, there are situation were the tincan and Apapa port will be congested with loaded commodities, maybe some vessels of a shipping lines may delay their arrival at the port. This will cause congestion in the port, the NPA will not allow any other loaded container to enter tincan or apapa port until those containers in already have left the port premises. As a result, any loaded container in the beach will continue to stay in the beach it is being loaded until NPA opens port again. Not because the owner is looking for buyer.
Again, Sometimes OC Export may have issues with forwarding agents, for reasons best know to them. Harpesin is in the house, and Harpesin is a forwarder, He may help you to understand more. They will not allow containers to enter port until the issue is settled. Leaving loaded containers in the beach. Those loaded containers are not waiting for buyer.
In my post I said, I will give any interested person 100% assistance from sourcing to sells. There are genuine and established buyers already, you can sell to. Maybe with time you can learn how to get genuine buyers on your own..
This transaction is basically FOB deal. No CIF deal. Because you need to turn up your money. Cif deal will tie down you money for at least 2 months.
Payment is on Tt against sighting the original BL and other related docs by the buyer.
Or Bank to Bank transaction between seller's bank and buyer's bank. You hand over your docs to your bank. Your bank will contact seller's bank. Any transaction payment procedure must have been agreed on the signed contract.
