Nation
FG Initiates N5bn Export Dev Fund Scheme For Budding Entrepreneurs
The Federal Government has initiated a N5 billion export development fund to support entrepreneurs and promote the export of locally made goods. Regional Coordinator, Nigeria Export Promotion Council (NEPC), North West zone, Mr Tijjani Waziri, stated this at a one-day sensitisation on the “Export Development Fund’’, yesterday, in Kano. Waziri said the fund was designed to enhance access to finance by potential exporters, to enable them boost their businesses for export and improve the national economy.
“The sum of N5 billion has been provided for the NEPC by the Federal Government to implement the scheme.
“It is a pre-shipment export incentive granted to exporters geared toward boosting their morale to achieve the desired goals.
“The fund supports initial expenses that exporters incur such as participation in trade fairs, training and symposiums in export market research and exhibitions,’’ Waziri said.
According to him, although the export development fund scheme was for the duration of one year, there was no limit to the number of exporters that could key into the programme.
Entrepreneurs and exporters drawn from the seven states of the North West zone attended the training.
Some of them including, Asma’u Bega and Bello Isa-Hashim, lauded the initiative, saying that it would go a long way in encouraging productivity and promotion of exports in the country.
Bega, however, called for the adoption of measures to ensure that only genuine exporters benefitted from the scheme.
Nation
REAN, SON synergise to curb fake renewable energy product
Nation
Self Help Africa programme expands water access for 320,000 Nigerians
Nation
Lagos Residents Stranded As Floods Cut Off Ajah, Mafoluku Communities
-
Rivers1 day ago
Rivers Police Uncovers Firearm Concealed In Loaf Of Bread
-
Niger Delta1 day agoPro-Chancellor Hands Over Okey Onuchuku Peace, Conflict Institute Building
-
News1 day agoFubara Reaffirms Commitment To Blue Economy, Private Sector Growth …Calls For Protection Of Marine Resources
-
Sports1 day ago
Six Nigerians To Play For NBA Teams
-
Business1 day ago
Gas Economy: Decade of Gas, Pi-CNG/ EV Deepen Media Engagement
-
Business1 day ago
Navy Nabs 13 Black Sand Miners In Bayelsa –Impound Two Boats
-
Business1 day agoIPMAN Raises Concern Over Delay In Chinese Refinery Deal …Predicts Lower Fuel Prices Through Competition
-
Politics1 day agoSenate Defends Passage Of State Police Bill
