This
was disclosed in Abuja by the Head of EU Delegation in Nigeria, His Excellency,
Ambassador Ketil Karlsen, during a
courtesy visit to the Executive Director/CEO of the Nigerian Export Promotion
Council (NEPC), Mr. Olusegun Awolowo.
“ED, you have one of the most important jobs in Nigeria today given
the enormous task and mandate of the Council to drive the diversification of
the economy from oil using the Zero Oil Plan (ZOP), as your government looks to
stabilizing the economy, its democratic governance and processes through
diversification from dependence on oil as a major source of revenue.” said Karlsen.
While
acknowledging the strong partnership between NEPC and the EU Commission, the
Ambassador, who said he was keen to learn about the progress of the Zero Oil
Plan also touched on the Economic Partnership Agreement (EPA), which he said
has mutual beneficial opportunities for Nigeria and the EU. He solicited the
support of NEPC as a strategic partner in advancing wider understanding on the
benefits of the EPA and in the same vein expressed that the Continental Free
Trade Agreement (CFTA) was also germane for increased trade among African
countries and the EU, as it seeks to create a single continental market for
goods and services, with free movement of business persons and investments. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Responding,
Awolowo disclosed that the Council is more than ever before positioned to drive
the diversification agenda of the present administration using the zero oil
plan. To underscore this, a National Committee on Export Promotion has been set
up by the highest economic advisory body in the country, the National Economic Council
headed by the Vice President.
He
also said that the Federal Government, through the Ministry of Budget and
National Planning has mainstreamed the ZOP into the Economic Recovery and
Growth Plan with particular emphasis on boosting supply of foreign exchange
from non-oil sectors by driving growth in five key areas.
These,
Awolowo said are: Concentration on generating US$30billion from 11 strategic
products; Exploring the competences within the comparative and competitive
advantages of States through one state one product (OSOP) programme; review of
trade agreements to prioritise Nigerian exports to 22 newly targeted Export
destinations; Domestic sourcing of products through launch of first National
Export Aggregator and Strengthening of Export Development Fund (EDF) scheme to
enhance competiveness of locally produced goods. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Besides,
he disclosed that the Council along with UNIDO and other relevant government
Agencies is on the verge of testing the outcomes of the National Quality
Infrastructure Project (NQIP), which is aimed at improving quality, safety,
integrity and marketability of Nigerian goods and services as well as removing
technical barriers to trade. This testing will be a trial export of Nigerian
beans following extensive work carried out by UNIDO and the Federal Government
Inter-ministerial Committee on Zero Rejects, midwifed by NEPC in response to
the EU’s ban on importation of Nigerian beans. It a pilot of the Conduits of
Excellence programme of the National Quality Infrastructure, consistent with
international best practices. (Thisday)
Have you heard this? Many
Nigerian exporters have been defrauded of huge amount of money in the process
of exporting commodities to foreign countries. Do you know why? They were not
trained on export operations, management, documentations and the best methods
of payment in export trade. This is terrible!!! Nigerians cannot continue to
lose money to foreigners in the course of export business. Exporters, why don’t
you get a practical manual that teaches the stages of export trade from
processing and packaging of commodities to receipt of payment by the foreign
buyers. It teaches export operations, export management, export documentations
and methods of payment in export trade? It is a contemporary step-by-step guide
to export trade. It tells all the contemporary dynamics in export trade. To get
it, click on the link below:
Hmmm!!! Folks, have you ever
imagined how the financial status of your firm will be when more than 20,000
CEOs and other key decision makers of blue-chip corporations pay for your
products and services or even give you very juicy deals. The link below will
tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html
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