Stakeholders have expressed concerns about the country’s poor non-oil exports, citing it as a major reason for the wide deficit in the balance of trade, as well as inadequate foreign exchange earnings.
22 Nov 2020
The Nigerian Export Promotion Council (NEPC) says it is working with relevant ministries departments and agencies for payment of N124 billion backlog of claims under the Export Expansion Grant (EEG) scheme.
12 Dec 2019
The Nigerian Export Promotion Council (NEPC) has announced plans to launch a web portal to promote transparency in the processing claim for exporters under the Export Expansion Grant (EEG) scheme.
15 May 2019
Nigeria’s non-oil export has continued to suffer a huge setback due to various challenges. Top on the list include, logistics challenges in moving products to the ports and the lingering issue of unsettled Export Expansion Grant (EEG) claims. With the unsettled incentives converted to promissory notes, there are concerns among operators about the payment arrangement…
17 Oct 2018
Between 2013 and 2018 since the incentives needed to drive non-oil export were suspended for a review, non-oil export output has remained inconsistent...
5 Oct 2018
The continued closure of the National Assembly, and subsequent delay in approving non-oil export incentives under the revised Export Expansion Grant (EEG) scheme, also known as the Export Credit Certificate, has further increased the backlog of unpaid incentives to at least N1.2 trillion. There were expectations earlier in the year that some of the…
8 Nov 2017
The Federal Government has attributed the delay in clearing the backlog of the revived Export Expansion Grant (EEG) payments to prolonged approvals from the National Assembly...
11 Sep 2017
A natural compound commonly extracted from sugarcane (shown here) may do wonders for our sleep.
3 Jul 2016
The most dramatic symptom is the rhythmic jerking and muscle spasm, which at times can be accompanied with difficulty in breathing and rolling eyes. Children with absence seizure ...