Dr. Doris Uzoka-Anite, Nigeria’s Minister of Industry, Trade, and Investment, has pledged a renewed commitment to Nigeria’s economic growth and sustainable development through the production, processing, and packaging of locally produced non-oil export goods to match international standards.
At the recently concluded 2nd National Conference on Non-Oil Exports, which was held by the Nigerian Export Promotion Council (NEPC), a federal ministry of industry, trade, and investment-supervised organization, with the conference theme of “Building a Sustainable National Economy Through Non-Oil Export,” the Minister provided the reassurance.
The minister emphasized that exporting goods and services was important to her and the President Bola Ahmed Tinubu administration, and that it was essential to assisting Nigeria in overcoming its current forex problems as well as to boosting the economy, entrepreneurship, and job opportunities.
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The enhancement of security through the promotion of peace and stability through economic interdependence, she claimed, is made possible by the fact that non-oil exports are crucial in many economic areas, including food security, job creation, economic growth, and improvement of security.
She claims that this move will not only maintain Nigeria’s standing as a trustworthy trading partner but also boost foreign consumers’ trust in Nigerian goods.
It is important to keep in mind that the Domestic Export Warehouse (DEW) Project, which was started by the NEPC in partnership with other MDAs, is a tactical move to ease supply-side limitations. The DEW is a one-stop shop for product storage, packaging, and labeling, as well as preshipment inspection and fumigation of commodities before they are shipped to the Ports.
“This project is especially important to my ministry because it will help exporters conduct their pre-export operations inside a facility and ease logistics issues caused by congestion in our various ports, in line with the 8 Presidential Priority Areas of the current administration.
She stated that ongoing efforts are being made to ensure increased productivity in order to transform the nation into an industrial hub and a destination for foreign direct investment (FDI), in order to spur growth in all areas of our economy and generate wealth for our people, particularly by consistently bolstering bilateral cooperation with global trade leaders like Singapore and others.
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