‘Why Nigerian importers prefer Cotonou ports’
By Evelyn Oragwuncha
Tuesday, July 08, 2008
•Okafor
Photo: Sun News Publishing

Could you tell us about yourself?
My name is Deacon Ugochukwu Cosmas Okafor. I am from Anambra State, precisely Umudim in Nnewi.

How did you start this business?

I went into this business with a vision. God gave me the vision when I was in Kaduna about 12 years ago. Most people come into business without vision probably because they have seen most people make their money through that business, they move ahead without seeking God’s vision. God has a vision for everyone in this world, I followed his vision for me and it’s been successful through His grace.

How is freight forwarding business doing in Nigeria?

Maritime business is a very lucrative business, all you need is to be honest with your clients and tell them the basic principles of the business. All you need do is collect the documents (known as bill of lading) from your clients and proceed to the customs and do the necessary things. At times, most agents or agencies inside the ports give us problems because most of them are not learned enough to understand the policies of the industry, some don’t even know anything about tariffs and this generates alot of argument and by so doing, they waste your time. This is why there is always delay in the clearing of some containers. We appeal to the Federal Government to give adequate training to those working in the port for them to have a good knowledge of what they are doing, thus making our interacting with them easier and the job faster.

How have government policies affected your business?

The policies in our industry are okay. It has not affected me in any manner. We have inspection agents who check the value of goods that are being imported based on the importer’s invoice. After assessment, they issue the Risk Assessment Report (RAR) which determines the duty that is being paid by the importer based on a particular consignment. After this, we move to the bank where the necessary documents will be given for us to proceed with the clearing. So, the policies are okay for they will tackle smuggling outside the country.

Why do Nigerians import through Cotonou Port?

In Nigerian ports, there is so much delay in the clearance of goods. Although under normal circumstances goods are supposed to be cleared within 48 hours, the reverse is the case. This development is disturbing to importers who wait indefinitely for their goods to be cleared. Most of them obtain loans from the banks to import goods and when the goods are not cleared on time, it affects the repayment of the loans hence they prefer to import through Cotonou where the process of clearing goods is not cumbersome. Then you go for your RAR, make your assessment, pay your duty and before you know it, the goods are already in the warehouse of your clients.

Who are your clients?

I have a lot of people I am working for. Some of them are Coscharis Motors Ltd., F. N. Hallmark Nig. Ltd., Dafa Int. Ltd., Anomax Nig. Ltd, Jenon Investment Ltd, Venus Nig. Ltd and Baishem Nig. Ltd. and so on and they have never regretted it.

How do you people cope with the increase in tariffs?

The tariffs are in place basically to hamper the job. Some were increased while others were reduced. The ones that were increased like those on batteries and keys were to reduce their importation so that the indigenous companies and manufacturers in the country could be encouraged.

What is your vision and mission for your company?

My vision for O. U. Cosmas International Limited is to ensure that honesty and steadfastness are enthroned so that those Iam working for are satisfied with our services. Most companies have folded up because of dishonesty. My mission is to take the company to a higher level.

From your own business perspective, how would you define marketing?

Marketing is about identifying what your customers want and doing everything possible to satisfy their needs. I have gone extra mile in satisfying them so that they will always come back whenever the need arises.

How do you market yourself to your clients?

Just this morning, someone I never knew called me to come and collect papers for the clearance of his goods. It does not take anything to attract a customer or clients in any manner except your being honest and fast with your job. We have our Lorries for the carriages of our consignments. All we do is to make sure we satisfy our customers, deliver goods on time to avoid unnecessary argument. Good product, they say, markets itself and by God’s grace, they keep coming back and also telling others about us. We have never had a better yesterday.

What are the risks and challenges faced in this business?

There is no business that has no challenge. In this industry, our challenges are times when your container arrives in the terminal especially in Apapa, we have alot of congestion. So, by the time they start allocating the containers to their different terminals, it takes time and before you know it, 3, 4-5 days are gone. Just like the one I have that was supposed to have been delivered but which has not been delivered up till now. These are some of the challenges. When 2-3 ships arrive at the same time, the containers are block stacked and it takes up to one week to dig them before allocating to terminals.

What are you people doing to flush out the bad eggs in the industry?

We really have bad eggs in this industry because of the soaring rate of unemployment in the country. There is no organisation without bad eggs. Most people not even licensed to operate, they just dabble into it and at the end, their clients suffer. Some of them create more problems for you when asked to clear a container. They tell all sorts of stories thus frustrating their clients. We advise clients to take time to find out who they are dealing with before giving out jobs to agents and ensure they are licensed to operate.

How would you define a brand?

A brand is an idea in the mind of the consumer. A brand has its personality, character, credentials known by its loyal consumers and stakeholders in the market. It is equally known as an identity given to a product by the producer or manufacturer with the intention of making it a household name.

How important is marketing in life?

Marketing is very important and very essential in life because without marketing, people out there and your customers will not know what you do and the services you render. You must market yourself, your product, good and services for people to know you and what you do, also make sure they get value for their money after the use of the products.

How did you come about the name O.U. Cosmas International?

O. U. Cosmas is a vision God gave me 12 years ago. It is a kind of inspiration given to me by God. I am a twin by birth but I lost my twin brother 12 years ago, then the company’s name was Cosmatins, a combination of our names. After he died, I decided to have my own name. O for Okafor, U for Ugochukwu and Cosmas Nigeria Ltd so that God can speak to you personally, God is mindful of names and these names are very important. God gave me the vision and since then, it’s been success all round.

Why do some agents short pay duties due to a consignment?
Short payment of duties depends on the agreement you have with your clients. Most clients find it difficult to go through the tariffs, this does not mean that we encourage short payment but when it is made, it means that the customs have added an additional duty for you to pay. Some agents short pay deliberately to make more profit out of the job when they undercharge their clients for the clearing of their consignments.

How do you cope with touts in the Port?

Touts are unqualified agents who hang around in the ports to dupe clients. Some measures have been taken to put a stop to it. Those who come into the port through the sea with ferries and boats are hoodlums who come to vandalize people cars and most times they do it in collaboration with the ports security agents. Initially, before you enter into the port through the gate, you must have an I. D. card that shows your name and the company you represent but the reverse is the case now, so we ask the Federal Government and those in authority to please do something fast before the situation gets out of hand.

If your company were to be a human, how would you describe it?

I would describe it as an honest person who derives joy by making his clients and people around him happy.

What advice do you have for young ones who wish to come into this industry?

My advice to them is to have a vision. Not all that read medicine are doctors. You have to be focused, determined, honest and straightforward. Love what you do with passion, though you may encounter some challenges at the beginning but keep moving because there is always light at the end of the tunnel. I have seen a garri seller who trained all her children to the university level and has a comfortable accommodation, with a good car. It is all about following your vision and being determined to succeed.

What lessons have you learnt on this job?
I have learnt alot of lessons in this maritime business but the most fundamental one is patience. Anytime I am given a job to do, I ensure that the job is delivered promptly.
I have also learnt to be focused, have endurance and be determined to succeed.


 

 

 

 

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