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What measures does the Nigerian government take to enhance export competitiveness?
Posted : 29/04/2024 4:36 pm
Nigeria Industrial Revolution Plan (NIRP): This is one of the most comprehensive industrial policies in Nigeria’s history, with the goal of increasing the contribution of the manufacturing sector to GDP from 4% to over 10% in five years.
Establishment of industrial estates in various cities.
Creation of the Bank of Industry to provide cheap loans to small and medium-scale enterprises.
National export strategy to improve competitiveness in the foreign market and create jobs.
Prioritization of promotion of government’s policies of Ease of Doing Business (EoDB), job creation, poverty eradication and industrialization.
Posted : 01/05/2024 7:10 pm