Export Promotion Council (NEPC) has introduced plans to formalise the
small scale export sub-sector, who’re largely casual of their
NEPC mentioned it has seen the massive potentials of the companies within the
sub-sector which it additionally considers to be crucial side in
Nigeria’s export drives.
Regional Coordinator, NEPC, Babatunde Faleke, acknowledged this at a press
briefing in Lagos when he acquired merchants from ECOWAS Park in Lagos.
mentioned: “That is an engagement with the casual sector as a result of they’re
crucial in our export drive. In case you go to ECOWAS international locations you
will see this sector partaking in voluminous commerce value tens of millions of
naira. We’d like knowledge from them to show that export is basically taking
place as a result of most of what they do is export. It is vitally vital to
interact them to have this report in order that we all know the place the federal government can
are available and assist them to do higher to formalise the casual sector.
advantage of this might assist us to see how can generate knowledge, the amount
of commerce and see how we are able to seize the product traces being exported. We
imagine that if we’ve got knowledge, we are able to plan forward to enhance commerce
actions between Nigeria and its neighbouring international locations.”
additionally unveiled plans to empower the merchants with workable instruments resembling
laptops in a bid to assist them generate knowledge seamlessly, including that the
council would additionally act as an advocacy group on behalf of the merchants to
interface with the federal authorities to ease the enterprise group.
head of the delegation, ECOWAS Park, Ebute Ero, Idumota, Adewale
Abdulsalam, lauded the council for the initiative, saying that this
would expose the casual sector to higher alternatives.
NEPC has acknowledged plans to enlighten us to see how we are able to enhance the
commerce between Nigeria and different international locations in Africa. The export market
is at the moment casual the place have succeeded in capturing the casual
sectors of those African international locations, we at the moment are coping with the
multinationals,” he mentioned.
added: “Nigeria stands to realize loads as a result of it would assist to generate
knowledge to measure the amount of commerce we do with our ECOWAS neighbours
the place the federal government can plan to hunt methods on learn how to help and
encourage. We additionally act as facilitators to make sure that what goes out of
the Nigerian market is of fine customary with a purpose to shield the picture of
This can even let different international locations within the continent know that Nigeria stays the largest enterprise hub in Africa.”