Companies

Fidelity Bank partners NEPC, LBS for export management programme

by HOPE MOSES-ASHIKE and CHETACHUKWU UMEREMADU

October 4, 2017 | 12:50 am
  |     |     |   Start Conversation

Fidelity bank has collaborated with the Lagos Business School (LBS) and the Nigeria Export Promotion Council (NEPC) to launch the Export Management Programme (EMP) 5 Series.

Speaking during the launch of the programme, Mohammed Balarabe, deputy managing director at Fidelity Bank said that the core aim of EMP is to ensure that the goal of diversifying the Nigeria economy away from over-dependence on oil to non-oil exports is achieved.

Balarabe said that among the goal of EMP is to provide impact for world class export management education to Nigerians who will not just export products and services but export quality and competitive product and services globally.

He disclosed that the programme is an initiative of three great institutions including; Fidelity Bank Plc, Lagos Business School, (LBS) and National Export Promotion Council (NEPC).

Babatunde Fadeke, the deputy director of NEPC, said that the major challenge facing export is the issue of knowledge. Fadeke explained that a lot of people go to export without knowing what the venture is all about.

According to him, breaching this gap is what has forced them into partnering with Fidelity Bank Plc and LBS in setting up EMP, while fidelity Bank works towards getting financial solutions to the exporters, NEPC will handle the technical issues.

Uzor Uchenna, LBS MBA Director during his remarks said that about 250 people have participated so far within the one year of the programme, EMP, adding that some of the participants have already gone into exporting.

Uzor encourages Nigerians who have interest in exporting business to be a part of Export Management Programme.

In agreement with his Co. partner, Mohammed Balarabe, he said the initiative will go a long way in diversifying the Nigeria economy from oil to non-oil dependent.

Uzor recalled that LBS last year December, was recognized and accredited by two top global corporative bodies for its quality dedication towards enterprise development.

Godwin Emefiele, governor of Central Bank of Nigeria (CBN) represented by its deputy director development financier, Adebisi Adedeji revealed that about N220 billion fund has been designed to handle the Micro Small-Medium Enterprise sector of the Nigerian economy.

According to him, “CBN also provides modern day stability in terms of supporting programmes such as EMP.

The CBN has been involved in three broad categories of interventions aside price stability namely: Agriculture, Micro Small-Medium Development Fund (MSMF), and Infrastructure.”

HOPE MOSES-ASHIKE and CHETACHUKWU UMEREMADU


by HOPE MOSES-ASHIKE and CHETACHUKWU UMEREMADU

October 4, 2017 | 12:50 am
  |     |     |   Start Conversation

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