FG targets Cocoa, Sesame seeds, Cashew nuts, Sheer nuts, Pulse exports to earn more forex


October 14, 2017 | 5:35 am
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Federal ‎Government is currently intensifying efforts to earn more foreign exchange from non oil exports while targeting key non-oil exports such as Cocoa,Sesame seeds,Cashew nuts,Sheer butter nuts hide and skin ,while also scaling up Nigeria’s non-oil exports amides dwindling revenue resources.

Governor Mohammed Abubakar of Jigawa state who heads the National Committee on Export Promotion(NCEP) said at the inaugural meeting of the committee in Abuja that the committee has commenced works on level of production,quality control,markets,logistics and sales on non-exports where Nigeria has comparative advantage.

“The committee is targeting zero oil exports and exports from solid mineral to earn more forex for Nigerian economy for sustainability . The committee would look at the whole value chain,from Planting to a table in a European, Chinese,India or Turkish‎ home. Issues bothering on quality control” Governor Mohammed said.

“We would be targeting crops like Cocoa,Sesame seeds,hides and skin,sheer nuts and Cashew nuts and other vegetables that are in high demands,especially crops that Nigeria has comparative advantages on”

‎In Jigawa state for instance,we have a programme that is commencing next month that is focusing on the export of Sesame seeds,and we are working closely with Wacott LTD in this development.The major targets for the exports of Sesame is Japan,Turkey,China,and Indian for Pulses also”

‎Also the Minister of Agriculture,Audu Ogbeh,who is also a member of the committee said the government would intensify efforts on issues bothering on qaulity control,and other key efforts in the agricultural value chain”

“Government‎ does not export .We flagged the yam export efforts and the yam was in container for 2 months in the container and naturally it was bound to happen. It also happened to Ghanaian yams.

Ogbeh said,”Commodities get bad because of poor handling and we are going to educate exporters,discipline them more,that you don’t take perishable things and ship them out in bad condition. The committee would look at issue on control to ensure that the right kind of qaulity and standards are met to protect the image of our country”

Olusegun Awolowo,the Executive Secretary of Nigeria Export Promotion Council,who is also a key member of the committee said‎ the gains recorded through Cashew exports in Nigeria would be replicated stating that that was the Council’s target on zero oil strategy.

“We would ensure qaulity control mechanisms are met and we can approach the world with our products”he adds.

‎The terms of reference of the committee include:Aggregate all the issues and recommendations as highlighted in various initiatives on diversification of Nigeria’s economy;consult with the states for their inputs on the subject;and draw up a workable plan to enhance exports promotions.

The constitution of the committee is sequel to the zero oil plan(ZOP) initiative of the NEPC which seeks to replace oil as the major source of foreign exchange earner by growing non-oil exports from present $5bn (approximately) to $30bn by the year 2025.




October 14, 2017 | 5:35 am
  |     |     |   Start Conversation

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