The Nigerian Export Promotion Council, NEPC, has vowed to triple non-oil sector revenue earnings in 18 months.
Nonye Ayeni, NEPC’s new executive director, made this known while addressing exporters and other stakeholders in the industry in a recent interactive session in Kano.
The new NEPC boss said government would achieve the target by improving the quality of exports through the establishment of laboratories and streamlining 15 agro-products such as seed, peanuts, cashews, sorghum, beans, hibiscus flowers, and many others from farm to market, boosting production and export viability.
“We are working to set up foundation factories and laboratory centres at our free trade zones to address challenges of rejection and low quality of our products. We have set a target of 18 months to make a difference in the nation’s exports.
“We will streamline 15 agro products and take them from farm to market, removing all the bottlenecks and challenges mostly faced during export. By doing so, we hope to triple Nigeria’s revenue generation while creating more jobs and provoking industrialisation,” he said.
The development comes as Nigeria lost over N21 billion worth of agricultural commodities due to porous borders in 2022 alone.
NEPC vows to triple non-oil sector revenue earnings in 18 months