Thursday, 20 August 2015

NEPC HAMMERS ON MAKING NON-OIL EXPORT SECTOR IMPACT ON GDP

Olusegun Awolowo, DG/CEO, NEPC
The necessity to grow the non-oil export sector of the Nigerian economy cannot be over-emphasized owing to the fact that it has the capability to resuscitate the country’s economy if adequately explored.

The Executive Director and Chief Executive Officer of Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo, stated that the council ‎had vowed not to relent on its effort to make the non-oil export sector a commanding contributor to the country’s Gross Domestic Product (GDP), emphasizing that the council would deploy its capacity, expertise and reach to promote the diversification of the economy, in line with the federal government’s economic agenda.

The NEPC boss made this development known during a media facility tour of a leather and artistry company, Morin O. Limited.  He said: “This is the start and more of such companies would spring up as we move to diversify the economy promoting inclusive economic growth of this great nation.”
 
The Creative Director of Morin O. Limited, Morin Obaweya, said that with the help of NEPC showcasing her investment in leather and artistry to the world during an international trade fair, her business has grown a bit faster than usual.

She said: “The magic fair under the auspices of NEPC was an eye-opener for us. The perception we got from the fair was encouraging. People were not sure that our products were made in Nigeria. We got orders which we further consolidated on. Statistics shows that Nigeria has the third highest grade of leather in the world. We are an authentic Nigeria brand.

“We are proudly Nigerian and we source our raw materials locally. The company which started operations modestly in 2013, had so far sold over 1000 bags. My goals and objectives are to set up a very good production outfit and consolidate on a market that it had already discovered.”