Nigeria Export Promotion Council: Concerned over raw commodities export

THE Nigeria Export Promotion Council (NEPC) is unexcited that raw commodities are dominating the country’s non-oil exports. Its grouse is that few of the products have value addition.
At an interactive session with the media in Abuja, Nigeria Export Promotion Council Executive Director David Adelugba said there was the need to step-up the value chain, diversify from commodities and empower the SMEs.
Represented by the Director of Trade Information, Mr Aliyu Lawal, he said the country should in future focus on agro-allied industries and improvement of packing, packaging and labeling standards.
He listed a handful of challenges inhibiting optimal performance of the non-oil export sector, which includes inadequate funding, restricted access to export credit facilities, infrastructure deficiency, weak logistics to support supply chain and unrecorded export trade among others.
He said the Nigeria Export Promotion council has embarked on proactive activities to move the sector forward, which include the export promotion partnership training series in collaboration with the University of Abuja and B & B Consultants to make businessmen export ready.
According to him, the council is also operating a human capital development centre in Lagos under Public Private Partnership (PPP) agreement to build capacity for producing for US market through AGOA agreement.

http://www.thenationonlineng.net/2011/index.php/business/industry/46026-nepc-frets-over-raw-commodities-export.html

Leave a Reply

Your email address will not be published.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