How does Nigeria promote non-oil exports?
Nigeria promotes non-oil exports through the Nigerian Export Promotion Council (NEPC), which has launched several initiatives to boost non-oil exports, including
Identifying and promoting key export products like palm oil, cashew, cocoa, soya beans, rubber, rice, petrochemical, leather, ginger, cotton, Shea butter, tomato, banana and plantain, cassava, cowpeas, and spices.
Providing financial support through programs like the Export Expansion Facility Programme (EEFP).
Encouraging private sector participation and collaboration with international partners.
Supporting small and medium-sized enterprises (SMEs) in the export sector.
Enhancing export infrastructure, including warehouses and logistics.
Promoting trade agreements and partnerships with other countries and regional blocs.
