THE Nigerian Export Promotion Council (NEPC) is implementing an Export Expansion Facility Programme (EEPC) valued at N50b as part of the Economic Sustainability Plan (ESP).
The ESP’s development and implementation is being led by the Vice-President, Prof. Yemi Osinbajo.
This is coming after the official launch of the Trade Promotion Organisations under the auspices of the Economic Community of West African States, ECOWAS.
According to reports, Executive Director/Chief Executive Officer of the NEPC, Segun Awolowo, stated that the programme was geared towards increasing the volume of trade within the ECOWAS region with Nigeria poised to boost its non-oil exports.
The EEFP is a spin-off of the Zero Oil Plan developed by NEPC under Awolowo and approved by President Buhari.
According to the trade promotion council, the EEFP would see to the establishment of top-notch warehouses in the country close to airports where Nigerian goods meant for export would be packaged to global competitive standards ahead of their exportation.
Recall that in March, the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, officially inaugurated the EEFP and also launched the first online grant management portal for non-oil exports.
