Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish is one of the foodstuffs currently being exported from Nigeria to countries in Europe, America and Asian More »

How to export Ginger from Nigeria and Make Huge Profit

How to export Ginger from Nigeria and Make Huge Profit

The demand for Ginger in the international market has gone up significantly because the root is now being used as raw material in manufacturing process. More »

Make Millions of Naira through Cashew Export from Nigeria.

Make Millions of Naira through Cashew Export from Nigeria.

The export of cashew nuts and other agricultural commodities from Nigeria is fast becoming very lucrative these days; More »

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits More »

How To Export Smoked CatFish From Nigeria Without Stress

How To Export Smoked CatFish From Nigeria Without Stress

Smoked Catfish is one of the foodstuffs currently being exported from Nigeria to countries in Europe, America and Asian because Nigerians and other Africans there need it to cook their food. More »

 

Nigerian Export Committee Targets $150bn Revenue

The National Committee on Export Promotion (NCEP) says it is targeting 150 billion dollars revenue through Zero Oil Plan (ZOP) initiative.

Mr Olusegun Awolowo, Executive Director of Nigerian Export Promotion Council (NEPC) and member of the committee disclosed this to newsmen at the end of the committee’s meeting in Abuja on Thursday.

Awolowo said that the revenue would be earned in a period of 10 years and would be used to strengthen the country’s foreign reserve.

He said that the committee had the task to aggregate all issues affecting export in the country and make recommendation to the Federal Government.

“The constitution of the committee seeks to replace oil as the source of foreign exchange earner by growing non-oil exports from present five billion dollars to 30 billion dollars by year 2020.

“The objective of the plan is to further add extra 150 billion dollars (minimum) to Nigeria’s foreign reserves cumulatively from no-oil exports over the next 10 years.

“We will create at least 500, 000 additional jobs annually due to increase in productive and export activities as well as lift at least 10 million Nigerians out of poverty,’’ he said.

According to Awolowo, the committee is expected to submit an initial report on Nov.16, 2017.

He said that the committee’s terms of reference were to aggregate all the issues and recommendations as highlighted in the various initiatives on diversification of Nigeria’s economy.

Others are to consult with the states for their input on the subject and draw up a workable plan to enhance export promotion.

On his part, Gov. Mohammed Abubakar of Jigawa, who is the Chairman of the committee, said that the committee would work with state governments to actualize it objectives.

According to him, all issues currently facing the country’s export will be adequately addressed.

“Non-oil export growth is the only way forward for a sustainable development,’’ he said.

Prof. Yemi Osinbajo, Vice President and Chairman, National Economic Council (NEC), inaugurated the committee a few days ago at the 80th meeting of NEC in Abuja.

(Visited 5 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!