Business
Non-Oil Exports: NEPC, ITC To Train One Million Women
The Nigerian Export Pro
motion Council (NEPC) and the International Trade Centre (ITC) would soon commence the training of no fewer than one million women on the prospects in non-oil exports.
Director, Export Development and Incentives, NEPC, Mr George Enyiekpon, disclosed this in an interview with newsmen in Lagos on Wednesday.
“The International Trade Centre will be coming over to Nigeria to train no fewer than one million Nigerian women on how to process and make shea butter , palm kernel, soaps, fabrics and other items that are globally acceptable.
“The training will also include how to benefit from the African Growth Opportunity Act (AGOA) as it has also been one of our major concerns too.
“Most non-oil export businesses are run by women, and they need a lot of support to break through,” Enyiekpon said.
Enyiepkon said that the Director of the ITC, Arancha Gonzalez, would be in Nigeria to launch the programme soon.
She would be hosted by Mrs Aisha Buhari, the wife of President Muhammad Buhari, he said.
“We have so many programmes for women in exports, and in fact, there is a special unit in the NEPC that provides support for women in local produce suitable for exports.
“There are so many women in exports business, but we need to equip more of them on how they can export their items.
“Most of the women are clueless on what to do as regards exporting their items,’’ he said.
Mr Segun Awolowo, the Director-General of the NEPC, had in January said that the council was working towards increasing the volume of non-oil exports in Nigeria.
He said this would help to revive the falling exchange rate of the naira at the international market, generate revenue for the government and create more jobs
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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