Nigerian ports handled 191 million metric tonnes of export cargo in 2019.
Out of these, crude oil accounted for 78 per cent while non-oil cargo accounted for only 22 per cent.
The he Managing Director, Nigerian Ports Authority, Miss Hadiza Bala-Usman, disclosed these at a recent BudgIT webinar tagged ‘Non-oil export: Disrupting Nigeria’s Growth Cycle.’
The Federal Government of Nigeria has authorized the Nigeria Agricultural Quarantine Service to fully resume its export certification duties at all ports immediately.
According to the Director-General, NAQS, Vincent Isegbe, the Office of the Secretary to the Government of the Federation also issued a consequential whole-of-government directive instructing Ministries, Departments and Agencies as well as state governments to cooperate with the quarantine service agency.
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The International Monetary Fund (IMF) has projected that the present global health crisis could make Nigeria lose more than $26 billion from crude oil sales.
In a statement issued on Thursday night, the international lender also said it expects the country’s economy to contract by about 3.4 percent in 2020, a 6-percentage point drop compared to pre-COVID-19 projections.
In an effort to promote non-oil export trade at the international market and reduce over dependence on oil, Nigeria Export Promotion Council said it had issued about 205 certificates to exporters on solid minerals valu-chain in Nasarawa and Benue states, under its areas of coverage.
The Trade Advisor/Head, NEPC Makurdi Export Assistance Office, Mr Anani Egon, revealed this during a one- day stakeholders’ forum for the development of solid minerals for export in Lafia, the Nasarawa State capital on Wednesday.
Over 90 per cent of the Liquefied Petroleum Gas, also known as cooking gas, produced in the country is being exported, a subsidiary of the Nigerian National Petroleum Corporation, NNPC Retail Limited, has said.
The Managing Director, NNPC Retail, Sir Billy Okoye, who said this on Tuesday, added that a chunk of the cooking gas consumed in the country was being imported.
The Nigeria Agricultural Quarantine Service said that Nigeria would resume the export of hibiscus flower, popularly known as Zobo, to Mexico.
Dr Vincent Isegbe, the Coordinating Director, NAQS, disclosed this in an interview with the News Agency of Nigeria on Tuesday in Abuja, Nigeria.
He said that in 2017, Nigeria exported 1,983 containers of hibiscus to Mexico alone and earned $35 million within nine months of that year.
The Nigeria Export Promotion Council (NEPC) has identified poor packaging and labeling as the major challenges facing Nigerian products exported overseas, especially products to the United States.
The Director, Business Development at the Nigeria Investment Promotion Council [NIPC], Mr. William Eze in his keynote speech at the 2019 Packaging, Plastics, Food processing, labelling and print exhibition in West Africa organised by Propak West Africa in Lagos recently said some made -in -Nigeria products are faced with poor packaging which results in rejection.