Thursday, 8 March 2012

Nigeria's Non-oil export contribution to GDP to increase to 20 per cent in 3years

The Federal Government has concluded plans to increase the contribution of non-oil export to the country’s Gross Domestic Product from the current 4.5 cent to 20 per cent within the next three years. Speaking during a stakeholders’ meeting with top exporters of non-oil products in Abuja Minister of Trade and Investment, Olusegun Aganga, said the Ministry was ready to work with all exporters to ensure transparency and accountability in the payment of export incentives. He added that the ministry was committed to successfully driving the implementation of the nation’s economic diversification policies and programmes by increasing the contribution of non-oil export to GDP. ======Q 846 AGANGA NON OIL EXPORT==== Correspondent Chris Okenwa reports that the objective of the meeting was to identify problems militating against the effective implementation of the Export Expansion Grant EEG Scheme and chart the way forward for its effective implementation. In attendance at the meeting were the Executive Secretary of the Nigerian Export Promotion Council; Manufacturers Association of Nigeria, Nigerian Association of Small and Medium Enterprises; Nigerian Association of Small Scale Industrialists; exporters in the textile, agribusiness and processing; leather and tannery sectors among others. COV/CO Christian Okenwa-peters (Double o) Senior Correspondent/newscaster Silver Bird Rhythm 94.7 FM Abuja Central Business district, Abuja, Nigeria. Tel:+2348023968353 Email:

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