Home News Non-oil exports reached $3.45 billion in 2021 – NEPC

Non-oil exports reached $3.45 billion in 2021 – NEPC

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Factual Pursuit of Truth for Progress

 

Non-oil products worth 3.45 billion U.S dollars were exported in the 2021 fiscal year, the Nigerian Export Promotion Council (NEPC) has stated.

Executive Director of the NEPC, Mr Ezra Yakusak, who made this public while speaking at a seminar organized by the Council in Owerri, the Imo capital, on Tuesday, said it was a record increase from $2.21 billion generated in year 2020.

Yakusak, who was represented by NEPC’s Trade Promotion Advisor in Imo, Mr Anthony Ajuruchi, said that the Council was able to achieve the feat as a result of the implementation of its current mantra, ‘Export for Survival’.

He urged media practitioners to prioritize publicity about the exportation of non-oil products as a means of marketing Nigeria’s indigenous products at the international level and diversifying her economy for survival.

He commended exporters in Imo for manufacturing products worth over $2.3 million from year 2016 to 2021 and exporting same to countries such as Poland, USA, Dubai, Italy and Australia.

“As a stakeholder, NEPC has been working assiduously with other relevant government institutions handling the African Continental Free Trade Area Agreement to ensure seamless implementation and gainful participation.

“Non-oil exports have become the only means of survival for Nigeria as a nation, hence the need to partner with you journalists in educating the public and taking the activities of the Council to the grassroots,” he said.

Ajuruchi added that the NEPC in Imo had organized workshops to enlighten exporters in the state on seamless procedures for exportation and the Ease of Doing Business policy of the Federal Government.

He added that the NEPC, through its one-state-one-product initiative, was collaborating with state governments to develop products with comparative advantage for export as part of the Federal Government’s economic recovery and growth plan.

He thanked the state Governor, Hope Uzodimma, for providing the enabling business environment for NEPC’s activities and called for more support from his government.

He added that the Federal Government has assisted companies with necessary certification to penetrate the global market.

“Due to the vigorous efforts of the NEPC and indigenous exporters, local products such as palm kernel shells, breadfruit, cashew nuts, bitter kola, egusi, ogbono, oha, ogiri, uziza, ofor and crayfish, have gone international,” Ajuruchi said.

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