HomeBusinessNigerian Government Don Allocate N881m For Export Development

Nigerian Government Don Allocate N881m For Export Development

My people, make una gather here! Na fresh gist wey dey show hope for our economy, as our Federal Government don set N881.13 million for Nigerian Export Promotion Council (NEPC) to boost export wahala. This money no be for play o, e dey come after we break record for non-oil export wey hit $6.1 billion for 2025.

This allocation dey part of di big N58.47 trillion budget wey dem propose fine fine for Nigeria, to help strengthen our economy make we fit japa from crude oil reliance. Abeg, no forget say dis money go target for better export infrastructures, market access, and even certification wey go help our local businesses shine well for international market.

Na wetin dem show for di budget report wey land for National Assembly, and as e be, di NEPC go chop di biggest share of N143.99 million wey go set up clusters and hubs across our six geopolitical zones. Plus, N133 million dey go for common facilities and skills acquisition for our bros and sis wey wan export their goods.

Federal Government also no wan slack for institutional muscle as dem set aside N84 million to make NEPC waka better. Plus, N77 million for certification under ‘Go Global, Go Certification’ initiative wey go help our SMEs take shine for global stage.

No be lie, N70 million each dey for implement African Continental Free Trade Area, trade fairs, and also help dem small businesses for market access via e-commerce. Even sesame seed and cowpea dey catch dem attention as dem appetite N63 million for trade development.

For di small-small allocations, N21 million each dey go for verification and computerising council assets. E go sweet us if we fit see those digital billboards wey go show off our non-oil exports for Abuja and all six regions.

NEPC boss, Nonye Ayeni, don yarn say di achievement na big step up, as dem record show say we dey export 281 different products. E make sense as we dey join more value added goods into di global market. But she still caution say plenty trade dey happen informally across border wey we no fit track well.

Wetin stakeholders dey talk? Segun Ajayi-Kadir, di Director-General of Manufacturers Association of Nigeria dey hail this allocation, but he dey urge say make dem clarify wetin na di real products we dey export. He yan say no be just volume we need, but proper value addition wey dey create jobs no go dey affected by international wahala.

Segun Kuti-George, di National VP of National Association of Small-Scale Industrialists also show him mind. E say NEPC dey really try as dem dey train and expose MSMEs for di export market. Na good time to carry Nigerian goods waka outside o, as everybody dey push for more non-oil export.

As e be, we dey watch how dis money go open doors for better export opportunities. Make we dey shine our eyes and keep fingers crossed, as e dey look like say Nigeria dey ready to carry non-oil exports enter next level. E go sweet us if we fit tap well from dis allocation and make sure say we dey export better quality goods that go compete abroad!


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