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EconomyNewsOil and Gas

‘Nigeria generated $4.8b from non-oil exports in 2022’

The Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Dr Ezra Yakusak, has said that Nigeria generated a total of $4.8billion as revenue from non-oil exports in 2022.Information Guide Nigeria

According to THE NATION, Yakusak said this at its 2022 Exporters’ Performance Appraisal meeting held in Owerri, yesterday.


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He said NEPC generated revenue was a result of accelerated “Export for Survival” campaigns carried out by the Council last year.

The NEPC boss enumerated other achievements of the NEPC to include the establishment of domestic export houses and export trade houses in Togo, Cairo, Kenya and China, as well as the registration of 3,986 exporters across the country, with two of the registrants drawn from Imo.

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NEPC boss who was represented by the C’s Trade Promotion Advisor in Imo, Anthony Ajuruchi, said that in the year under review, Nigeria-made products were exported to 122 countries, adding that Brazil toped the list for most products.NYSC portal

He stated that NEPC coordinated the Nigeria – Gambia Micro, Small and Medium Enterprises (MSMEs) exhibition, with the result that export order worth $250,000 was generated, a Memorandum of Understanding signed and new Nigeria made products introduced into the Gambia market.

“In 2022, our holistic efforts and accelerated Export for Survival campaigns resulted in all these achievements. In Imo State alone, a total of 805 MSMEs were trained on non oil export business, 39 new companies were registered for export and three exporters acquired FDA certification for their products with the help of the NEPC,” the NEPC boss said.

Mrs Amaka Apolomo, the Chief Executive Officer of Green Health Limited who participated in the Togo International Trade Fair thanked the NEPC for the international exposures of her products at the trade fair.

Yakusak said that in year 2023, the NEPC would be targeting increased non-oil exports through more participation at trade fairs.

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He said that there will be better packaging and labeling of products, more formal exports, and the use of the Onne non-oil export terminal, in Rivers.JAMB Result

 

 

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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