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How does the Nigerian government support and promote export-oriented industries?

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(@helen-olamide)
Posts: 2050
Illustrious Member Customer
Topic starter
 
[#3277]

How does the Nigerian government support and promote export-oriented industries?


 
Posted : 29/04/2024 4:33 pm
(@edwardadex233)
Posts: 1000
Noble Member
 

The Nigerian government supports and promotes export-oriented industries through various incentives and schemes, including 

 

Tax exemptions and grants for export-focused businesses

Duty drawbacks and other forms of support

Export Expansion Grant (EEG) scheme to reduce production costs

Export Expansion Facility Programme (EEFP) to raise non-oil export volumes

Establishment of top-notch warehouses for export packaging

Financial support for exporters

Cost of production support to enhance competitiveness in global markets


 
Posted : 01/05/2024 7:05 pm
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