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Nigeria realised $4.8b revenue from non-oil exports in 2022, says NEPC

Editor by Editor
February 10, 2023
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Nigeria realised $4.8b revenue from non-oil exports in 2022, says NEPC

NEPC MD, Ezra-Yakusak

The Federal Government realized a total of $4.8billion as revenue from non-oil sector exports in 2022, the Nigerian Export Promotion Council (NEPC) disclosed.

The Chief Executive Officer of NEPC, Ezra Yakusak, disclosed this on Thursday at its 2022 Exporters’ Performance Appraisal meeting held in Owerri.

Yakusak, who was represented by the NEPC’s Trade Promotion Advisor in Imo State, Anthony Ajuruchi, said the generated revenue was a result of accelerated “Export for Survival” campaigns carried out by the Council during the year.

In the year under review, he said made-in-Nigeria products were exported to 122 countries around the world, with Brazil topping the list for most products.

Other achievements by the NEPC, he said, included the establishment of domestic export houses and export trade houses in Togo, Cairo, Kenya and China as well as the registration of 3,986 exporters across the country, with two of the registrants drawn from Imo State.

Also, he said the NEPC coordinated the Nigeria–Gambia Micro, Small and Medium Enterprises (MSMEs) exhibition, which resulted in the generation of export order worth $250,000, a Memorandum of Understanding signed and new made-in-Nigeria products introduced into the Gambian market.

The NEPC, he said, also coordinated the participation of 20 Nigerian export companies at the 2022 Togo International Trade fair, with two of the companies from Imo State, namely Green Health Limited and Logos Super Food.

“In 2022, our holistic efforts and accelerated Export for Survival campaigns resulted in all these achievements.

“In Imo alone, a total of 805 MSMEs were trained on non-oil export businesses, 39 new companies were registered for export and three exporters acquired FDA certification for their products with the help of the NEPC,” he said.

He, however, said that in year 2023, the NEPC would be targeting increased non-oil exports through more participation at trade fairs, better packaging and labeling of products, more formal exports and the use of the Onne non-oil export terminal, in Rivers State.

The Chief Executive Officer of Green Health Limited, one of the companies that participated in the Togo International trade fair, Amaka Apolomo, thanked the NEPC for its trainings and international exposures.

She expressed delight over the selection of her products for exhibition at the trade fair, adding that participation at the event was a huge boost for her company, as she secured more export orders from there.

The other export company that participated in the trade fair included Mikotoko Nigeria Limited. (NAN)

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