Post by Trade facilitator on Aug 5, 2011 22:15:38 GMT 1
NEPC seeks stakeholders’ support on EEG
By Toba Agboola04/08/2011 00:00:00
Executive Director and Chief Executive Officer (CEO), Nigerian Export Promotion Council (NEPC), David Adulugba has reiterated the need for the council to partner with members of the Organised Private Sector (OPS) in the area of effective communication to ensure transparency in the administration of the Export Expansion Grant Scheme (EEG).
Adulugba, who stated this at the Council’s interactive forum on Product Categorisation for Effective Administration of Export Expansion Grant Scheme in Lagos, said it was important to partner with the OPS on the issue, especially as more companies with vavious products are being registered on the scheme daily.
According to him, there was a dire need to correctly situate each product group in the appropriate category, in line with global best practices.
He said the council has resolved to effectively liaise with the OPS members in disseminating and collating accurate and relevant information for decision-making relating to the administration of the EEG.
The NEPC boss explained that the Federal Government, in its bid to support growth in the non-oil sector, put in place several export incentives as veritable tools for providing some compensatory bailout to exporters, who were faced with high cost of production, due to inadequate and undeveloped export infrastructure.
Adulugba, however, said there was need to address issues on its adminitration with caution, in order to guarantee its continuous existence and relevance to the non-oil sector in particular and the economy in general.
“There is no gainsaying the fact that various companies represented here have benefited from the Export Expansion Grant Scheme over the years with significant impact in the volumes and value of export business.
The Nigerian Export Promotion Council and the EEG Implementation Committee in its quest to achieve greater efficiency in the administration of the scheme has provided, through this forum, the opportunity to dialogue with all stakeholders with a view to reviewing the current product categorisation,” he said.
In a related event, the Council has concluded arrangements to spearhead an exhibition of locally fabricated machines used in cottage industries.
Source: www.thenationonlineng.net/2011/index.php/business/industry/14515-nepc-seeks-stakeholders%E2%80%99-support-on-eeg.html?print
Learn more about Non Oil Export from ISMAIL ABDULAZEEZ
Tel: +2348023050835 , +2347033632285.
exportfromnigeria.proboards.com/index.cgi?board=general&action=display&thread=78
By Toba Agboola04/08/2011 00:00:00
Executive Director and Chief Executive Officer (CEO), Nigerian Export Promotion Council (NEPC), David Adulugba has reiterated the need for the council to partner with members of the Organised Private Sector (OPS) in the area of effective communication to ensure transparency in the administration of the Export Expansion Grant Scheme (EEG).
Adulugba, who stated this at the Council’s interactive forum on Product Categorisation for Effective Administration of Export Expansion Grant Scheme in Lagos, said it was important to partner with the OPS on the issue, especially as more companies with vavious products are being registered on the scheme daily.
According to him, there was a dire need to correctly situate each product group in the appropriate category, in line with global best practices.
He said the council has resolved to effectively liaise with the OPS members in disseminating and collating accurate and relevant information for decision-making relating to the administration of the EEG.
The NEPC boss explained that the Federal Government, in its bid to support growth in the non-oil sector, put in place several export incentives as veritable tools for providing some compensatory bailout to exporters, who were faced with high cost of production, due to inadequate and undeveloped export infrastructure.
Adulugba, however, said there was need to address issues on its adminitration with caution, in order to guarantee its continuous existence and relevance to the non-oil sector in particular and the economy in general.
“There is no gainsaying the fact that various companies represented here have benefited from the Export Expansion Grant Scheme over the years with significant impact in the volumes and value of export business.
The Nigerian Export Promotion Council and the EEG Implementation Committee in its quest to achieve greater efficiency in the administration of the scheme has provided, through this forum, the opportunity to dialogue with all stakeholders with a view to reviewing the current product categorisation,” he said.
In a related event, the Council has concluded arrangements to spearhead an exhibition of locally fabricated machines used in cottage industries.
Source: www.thenationonlineng.net/2011/index.php/business/industry/14515-nepc-seeks-stakeholders%E2%80%99-support-on-eeg.html?print
Learn more about Non Oil Export from ISMAIL ABDULAZEEZ
Tel: +2348023050835 , +2347033632285.
exportfromnigeria.proboards.com/index.cgi?board=general&action=display&thread=78
