Enelemah explains how FG is improving Nigeria’s access to export markets

Minister of industry, trade and investments, Okechukwu Enelemah, says the Federal Government ‎has already worked out models of improving exporters chances of exporting their products and services through proper market links.
The minister gave the information on Tuesday in Abuja while speaking on the ministry’s efforts towards creating enabling business environment for Nigerian businesses, and government’s efforts in diversifying the economy as well as supporting the small and medium enterprises in the country.
Enelemah said, “Export is one of the key areas we have made a priority. There are three‎ key things we are doing. One is the re -activation of the Export Expansion Grant (EEG).”
The EEG is an incentive that seeks to spur non-oil exports and enhance Nigeria’s competitiveness trade wise in the comity of nations. For Policy makers and stakeholders in the area of agriculture and particularly non-oil agricultural exports, incentives are necessary ingredient to stimulate and drive growth exponentially.
The second thing is working with exporters to gain access to export market. People actually engineer exports, by developing the right kind of quality and ensuring proper links. We are working with the United Nations Industrial Development Organisation (UNIDO) on standardisation, while also targeting proper market links.”
He pointed out further, “The Nigeria Office for Trade Negotiations is also helping us in this regard, through what the call global value chain and regional value chain.-production value chain. It is part of the high-level Trade negotiation forum meeting we held the other time, and we could see the office play a leading role in match-making industries regionally, as well as globally.”
‎Speaking on government’s efforts in addressing the issue of double taxation, he said the industrial competitiveness and Advisory Council of the Federal Government is also working out model to address the concern, as the government is continuously addressing it.
‎In her remarks, Aisha Abubakar, the minister of state for industry, trade and investments, said the government was determined to support the Small and Medium Enterprise. She informed also that the government through the MSME clinic spear-headed by the Vice President was addressing concerns of the MSME sub-sector.
Also,‎she informed that the federal government through the National Enterprise Development Programme NEDEP is being re-structured to ensure it impact more on the SMES through providing them with business support programmes and the necessary funding.
 
 

Related Posts

Leave a Reply