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How does the Nigerian government promote diversification of export products and markets?

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(@helen-olamide)
Posts: 2050
Illustrious Member Customer
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[#3288]

How does the Nigerian government promote diversification of export products and markets?


 
Posted : 29/04/2024 4:42 pm
(@edwardadex233)
Posts: 1000
Noble Member
 

The Nigerian government promotes diversification of export products and markets by 

 

 Setting up incentive schemes for export-focused companies, including tax exemptions, duty drawbacks and grants.

 Encouraging the growth of non-oil exports to reduce the country's reliance on oil exports.

 Establishing the Nigerian Export Promotion Council (NEPC) to promote and develop exports.

 Improving market access for Nigerian exports through trade agreements and infrastructure development.

Harmonizing trade policies at all levels of government to support export growth.


 
Posted : 01/05/2024 7:37 pm
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