‘Why Nigeria must increase non-oil export’
As the petrodollar economy dips to a record low, stakeholders have stressed the urgent need for Nigeria to increase local production and boost non-oil exports to earn more foreign exchange.
‘Nigeria must increase non-oil export to survive crude price crash'
As the petrodollar economy crashes to the lowest level in history, there is an urgent need for Nigeria to increase local production, boost non-oil exports in order to earn more foreign exchange.
CBN targets $12 billion in export trade by 2024
The Central Bank of Nigeria (CBN) has disclosed plans to improve its agenda to diversify the nation’s economy from the oil sector to the non-oil sector, through the launch of a set of policies, noting that it targets to achieve $12 billion in export trade by 2024.
Government urged to fund research institutes
Funding of research institutes and commercialisation of research outcomes and innovations have been identified as the needed impetus to advance the nation’s economy.
‘Non-oil export at stake over continued border closure’
Members of the Organised Private Sector (OPS), including manufacturers and the Lagos Chamber of Commerce and Industry (LCCI), have decried continued closure of the nation’s border for a drill, citing that goods meant for export to other regional markets were trapped on the corridor.
‘How improved regulations can aid non-oil export growth’
Identifying non-oil export as a leading priority for sustainable economic development, the Lagos Chamber of Commerce and Industry (LCCI) has urged managers of the Nigerian economy to streamline the fragmented regulatory environment and enforcement framework inhibiting the growth of the non-oil export sector.
Processors, researchers suggest ways to prevent rejection of farm exports
Processors, farmers and scientists have suggested ways to prevent monumental losses emanating from rejection of agro-allied products exported from Nigeria to other countries, especially Europe and America. Some of the solutions, as identified by stakeholders, are good agronomical practices on the part of farmers and exporters, efficiency on of regulatory agencies, effective coordination by the…
Export: How to ensure quality certification of produce
To forestall further rejection of the country’s farm produce in international markets, the Nigerian Agricultural Quarantine Service (NAQS), has advised potential exporters to follow laid down international procedures, guiding movement of commodities to other countries. This came on the heels of recent rejection of a large consignment of vegetables and other edibles exported from Nigeria…
Malay Apple unfolds business opportunities for farmers, exporters
For lovers of apple, cash crop farmers and others in the areas of processing and export of apples, an amazing wealth creation opportunity is beckoning with the introduction of Malay apple, a new variety being developed in Nigeria. This specie, invented in Malaysia, Southern Asia, and commonly cultivated from Java to the Philippines and Vietnam,…
Bayelsa optimistic of improved export, tourism with international cargo airport
The Bayelsa State Government on Wednesday, said the state owned multi-billion Cargo International Airport will help ease problems associated with exportation of goods and services and create job opportunities for the teeming unemployed youths population. The government who described the airport as a necessity, said as a state that sits at the centre of the…
NEPC, FIIRO partner on technology transfer, export
To boost the nation’s non-oil export profile, the Executive Director of the Nigeria Export Promotion Council (NEPC), Olusegun Awolowo has sought to partner with the Federal Institute of Industrial Research, Oshodi (FIIRO) on technology transfer for processing exported items. Leading a delegation of the agency to FIIRO to identify research findings that are commercialisable and…