How to grow Nigeria economy, by NEPC CEO

One way to grow the economy is to make it export-driven so it could become resilient to the vagaries of oil prices, the Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has said. He spoke during the Nigeria Initiative Economic Development luncheon in Abuja. He said services were already driving the economy, an […]

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Nigeria aims ₦30.5 trillion annual revenue from non-oil export

The Nigerian Government is aiming towards an annual non-oil export revenue of $100 billion (about ₦30.5 trillion, at ₦305 per dollar exchange rate) through the implementation of the Zero Oil Plan. The projection is contained in a document prepared by the Nigerian Export Promotion Council showing how the plan is to be implemented. The Zero […]

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NEPC to grants ₦5b incentive to exporters through FG

The Executive Director and Chief Executive Officer, Nigeria Export Promotion Council (NEPC), Chief Olusegun Awolowo, yesterday in Kano said the Council has requested about N5 billion from the Federal Government as pre-shipment incentives for exporters in the country this year. Awolowo who was in Kano, Kano State capital, for a fact-finding tour of some tannery […]

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Nigeria Export Promotion Council (NEPC), is improving non-oil export revenue – Olusegun Awolowo

The Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo, whose responsibilities include promoting the development and diversification of Nigeria’s export trade, as well as promoting the development of export related industries, implementing export policies and programmes of the Government, sheds light in this interview on the role of the organization […]

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NEPC targets June for solid minerals export

June has been set as the target month for the export of solid minerals from the South-West region, the Nigerian Export Promotion Council has stated. The Zonal Coordinator, South-West, NEPC, Mr. Babatunde Faleke, made this known on Friday at the end of a three-day workshop on solid minerals exports. At the workshop organised as part […]

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50% of harvested crops get ruined daily, NEPC stressed

The Nigerian Export Promotion Council has stated that 50 per cent of fruits and vegetables harvested in Nigeria get damaged on a daily basis. The council said that in addition to post harvest losses, the country also suffered a huge revenue loss from poor packaging of agricultural produce meant for export. The Executive Director and […]

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Nigeria targets exportation worth $20 million by 2025

The Federal Government is hoping to export goods worth $20m by 2025 as it embarks on programmes aimed at boosting the country’s non-oil exports. The Chief Executive Officer, Nigerian Export Promotion Council, Mr. Segun Awolowo, disclosed this at the opening of a five-day capacity building programme for workers of the agency. According to NEPC, the […]

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NEPC seek growth in non-oil exports

The Nigerian Export Promotion Council says Nigerians have yet to explore the opportunities in the non-oil export business, especially in agriculture. It therefore called on chambers of commerce and industries across the South-West to educate their members on how to utilise the opportunities, this in a report by Punchng. The NEPC stated these at a seminar […]

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Nigeria has over 5,000 exportable products – NEPC

[su_dropcap]A[/su_dropcap] trade professional and Managing Director/Chief Executive Officer, Koinonia Ventures Limited, Mr. Olufemi Boyede, has said Nigeria needs to begin to explore its over 5,000 exportable products. He stated this in Lagos during a press conference to announce a one-day workshop on non-oil export. Boyede said that the country’s quest to diversify its economy could […]

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Godwin Emefiele

Exporters lose N78bn to dollar restriction, others

THE ongoing conflict between stakeholders and the Central Bank of Nigeria over the export repatriation policy, which came into force in February 2015, has forced some non-oil exporters to abandon the sector, while others have gone underground to carry out informal exports, our correspondent has gathered. The CBN had in a circular signed by its […]

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NEPC to increase non-oil export earnings to $30bn in 5 years

NIGERIAN Export Promotion Council plans to increase non-oil export earnings to $30bn in five years. The Executive Director/Chief Executive Officer of the NEPC, Mr. Segun Awolowo, disclosed this while paying a courtesy call on the Minister of Agriculture and Rural Development, Mr. Audu Ogbeh, in Abuja. Awolowo explained that the NEPC had more recently developed […]

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