SCL offers solution to forex problem – Punch

Simplified Corporate Logistics has been launched with the aim of sourcing for foreign exchange for Nigerian businesses involved in export and import.

A statement on Tuesday described SCL as a full-service procurement, shipping, clearing, forwarding and warehousing suite.

The Founder and Chief Executive Officer, SCL, Mr. Nduka Udeh, was quoted to have said at the launch in Lagos, “Nigerian businesses of recent have been hit by a steep hike in the price of ordering, handling and clearing goods from overseas.

He said, “What Simplified Corporate Logistics does is that it removes the risk factor from businesses. We make it our responsibility to source for forex to carry out transactions so our customers only pay in naira.

“Then we guide them through the entire clearing process and handle the documentation on their behalf so that they reduce incurred fines and charges to the barest minimum. Our process is so efficient that we can guarantee clearance of goods within six days.”

According to Udeh, the company can source for the items the customers want from trusted manufacturers globally, and get them at the best prices as it has partnership with several auction companies in the United States.

He said, “Most significantly, we offer a cargo consolidation service that can save our customers up to 70 per cent in freight costs. We believe that these cost and efficiency savings will propel the Nigerian small and medium enterprises into the future.”

According to the statement, Simplified Corporate Logistics tackles the complexity associated with import and export by handling their forex needs to reduce the long processing times needed to access forex, among others.