News Formal

Local Raw Materials’ Supply Business

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

At the peak of Nigeria’s recent economic recession, which lasted for five consecutive quarters, many manufacturing companies had to implement diverse in-house strategies to remain in business and adequately reward shareholders, especially with the unfavourable foreign exchange situation. Nigeria’s economic recession was a blessing in disguise to the nation and her citizens. It opened many […]

To venture into this kind of business is not difficult but there are criteria you must possess to become a raw material supplier in a manufacturing company in Nigeria, especially those into processing of consumable goods such as:-Company registration name : You must have a registered company name with a traceable address

because companies deal with cooperate entities not individuals.Financial capacity: you must have financial capacity because most companies into processing usually pay after 30-36 days of supply. Having the ability to supply on weekly or monthly basis depending on your capacity or agreement is key to this type of agribusiness.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Local Content matters in Nigeria’s oil and gas industry- Jeon - Vanguard News NigeriaShipbuilding has two faces like Janus, the Roman god. On the one hand, it is a high-tech, innovative business which demands the best. On the other hand, it requires hard work, and an intense level of human capital. By understanding this dual nature of shipbuilding, we were able to design a local content programme that delivered opportunities to Nigeria, whilst delivering cutting-edge technology.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Local Content Key To Nigeria’s Oil , Gas Industry – JeonThe managing director of Samsung Heavy Industries Nigeria (SHIN) Limited, Mr. Jejin Jeon, spoke to select journalists on his company’s accomplishments in the area of local content in Nigeria’s oil and gas sector. FESTUS OKOROMADU presents the excerpts:   The managing director of Samsung Heavy Industries Nigeria (SHIN) Limited, Mr. Jejin Jeon, spoke to select […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »