Non-oil exports wil surpass $4.8bn 2023 – NEPC

Bisola David
Bisola David

The Nigerian Export Promotion Council has pledged to make sure that Nigeria surpasses the $4.82 billion it made from non-oil exports in 2022.n

The Punch reported that NEPC’s Ekiti State Coordinator, Mrs. Iyabode Abe, stated that the organization “Will continue to support the development of non-oil export in order to defend the nation’s economy” under the direction of Chief Executive Officer Yakussak Ezra.

Abe gave a one-day technical presentation and product packaging training session in Ado, Ekiti, for exporters and small and medium-sized businesses in the state.

According to the Council’s efforts to promote non-oil export, which increased the country’s Gross Domestic Product by 15% in 2022, “about $4.82 billion was earned from the non-oil export business,” she stated.

The event was put together by NEPC, and as part of it, the Council gave two packaging machines to the state’s SMEs for use in packaging their goods. These machines will be kept at the Technical Incubation Center in the state’s capital city.

She stated that the Council was dedicated to boosting up efforts to promote non-export through training programs, “That will expose SMEs to the complexities of export business for them to have clear competitive edge in the global market.”

The coordinator urged the entrepreneurs on product packaging and labeling, which she described as essential drivers for a sustainable marketing of made in Nigeria products in the export market. The coordinator described the population of Nigerian SMEs as one of the country’s greatest assets in its economic diversification agenda.

“The Biodun Oyebanji-led State Government is very keen on providing support and guidance to our SMEs to help them upscale and increase production,” said Mrs. Omotayo Adeola, Special Adviser to Ekiti State Governor on Trade and Investment. She praised NEPC for the training and donation.

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