‘Exportation of shea butter will earn Nigeria $10bn annually’

The Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr Olusegun Awolowo, has said Nigeria can earn about $10bn annually from the exportation of shea butter, if the right investments are made to grow, harness and process it to international standard. He said shea butter exports could surpass oil in foreign exchange earning for Nigeria. […]

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NEPC targets $30 billion forex with zero-oil scheme

The Nigerian Export Promotion Council has said that Nigeria is targeting $30 billion in foreign exchange earnings with the zero-oil scheme. The Chief Executive Officer, NEPC, Mr. Olusegun Awolowo, stated this in Lagos during the second National Committee on Export Promotion meeting. Awolowo noted that the zero-oil plan was an export revolution that involved every […]

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NEPC plans to develop Cross River cocoa for export

The Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr. Olusegun Awolowo, has said that developing the Cross River State cocoa value chain for export will enhance economic growth. Awolowo spoke through the Deputy Director, National Export Office, NEPC, Mrs. Veronica Oriare, during the Cross River State Cocoa Stakeholders’ Forum and mini exhibition in Ikom […]

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Export committee targets $150bn revenue via zero oil initiatives

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 […]

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‘FX from non-oil export can spur Nigeria’s economic growth’

The Nigerian Export Promotion Council (NEPC) has said that only forex earnings made from export of non-oil products will spur Nigeria’s sustainable economic growth,. Its Chief Executive Officer Mr. Segun Awolowo made this known at the Quarterly Lecture organised by the former Director General of National Poverty Alleviation Programme (NAPEP), Dr Magnus Kpakol, in Abuja. […]

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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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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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Nigeria lost $30b oil revenue in two years – Awolowo

Nigeria is said to have lost an estimated $30 billion in oil revenue between 2014 and 2015, the Executive Director, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has said. He spoke in Abuja on Friday at the batch three graduation ceremony of 38 Zero to Export Capacity Building Programme beneficiaries. He said: “The essence of […]

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