Nigeria’s Non-oil Export Trade Rises To $4.517bn

Nigeria’s non-oil  export trade has increased  from $2.210 billion in the year  2020 to $4.517 billion in 2023 notwithstanding the numerous challenges  that affected  the nation’s  economy.

Coordinator, Nigeria Export Promotion Council NEPC, (Cross River State Coordinating Office),  Dr Osas  Omorogbe stated this during the weekend  while Speaking at the  training workshop which took place in Calabar, for 100 exporters.

The  workshop organised by the Nigerian Export Promotion Council, is meant to   equip  newly inducted exporters with skills on basic  rudiments to  export trade to enable players in the industry to break even in the business.

In his words Omorogbe said, “As you may be aware, Nigeria’s non-oil exports have grown from $2.210 billion in 2020 to  $4.517 billion in 2023, despite the numerous challenges affecting  the economy.

“However, the continuous depreciation of the Naira against other currencies depicts the dire need for the country to earn more foreign exchange”

“Based on the foregoing, the Nigerian Export Promotion Council, has doubled its campaign and activities to increase export activities in the country’.

The coordinator stated that  commended the newly appointed executive director/CEO, Nigerian Export Promotion Council, Nonye Ayeni for initiating the  “Operation Double your Exports” mantra  that can turn around the fortunes of operators of the industry.

Continuing,”This sensitisation workshop is therefore intended to arouse the interest and build capacity of the Council’s newly registered companies and cooperatives to take practical steps towards venturing into the export sphere’”

The state Commissioner for Commerce Dr. Abigail  Duke,who declared the training workshop open, stated that as far as export trade is concerned  there’s no shortcut in the business and charged exporters to take advantage of State Government’s policies to boost export trade.

 

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