The Minster of Industry, Trade and Investment Dr Jumoke Oduwole, has applauded the top 100 exporters in Nigeria who had contributed to the growth of the economy.
Oduwole made the commendation on the occasion of the Ministerial Export Consultation held this week, in Lagos.
Oduwole emphasized the importance of exports in driving economic growth, creating jobs and enhancing foreign exchange earnings and called for collaboration amongst the agencies and exporters to make the economy work.
She said: “Please encourage the Nigerian economy. The reforms may have been tough, but we’re already turning the corner. So let’s all continue together we can make this economy work.
She encouraged exporters to take advantage of Nigeria’s economic potential and pledged the government’s commitment to creating an enabling environment for export growth.
“We’re determined to make sure that the regulatory and bureaucratic challenges, which are well known to us coming from a public background, are systemically addressed.
“I’m here to support all the agencies under the Federal Ministry of Industry, Trade and Investment here present and the Nigerian exporters.”
She noted that the ministry’s support was not only for Nigerian exporters of goods and commodities, “we’re also supporting Nigerian exporters of services, which is one of the lowest hanging fruits, for allowing Nigerian youth to earn foreign exchange while living in Nigeria by exporting their services
.“They’re talented in areas of digital trade. Nigeria is going to be a leading, dominating force in that regard.“There’s a lot of work ahead, no doubt, but the President is committed to this. We’re also going to establish and reinvigorate our Commodities Exchange. There’s a lot that we have geared up for Nigeria.
“Suffice to say that it will take everybody’s commitment.“You’ve seen that the GDP is moving in the right direction.
▪︎ L-R: Managing Director/CEO, Nigerian Export-Import Bank (NEXIM), Mr. Abba Bell; Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Mrs Nonye Ayeni; National Chairman of Commerce and Industry Correspondents Association of Nigeria (CICAN), Mr Charles Okonji and the Minister for Industry Trade & Investment, Dr Jumoke Oduwole in Lagos during the Ministerial Export Consultation on Tuesday.
So let’s all continue together we can make this economy work. So, for collaboration amongst the agencies, you heard several of the exporters allude to the fact that I’ve been working on private reforms for nearly a decade now
“Please encourage the Nigerian economy. The reforms may have been tough, but we’re already turning the corner.
“.So let’s all continue together we can make this economy work. So, for collaboration amongst the agencies, you heard several of the exporters allude to the fact that I’ve been working on private reforms for nearly a decade now
“The challenges, the silos, the miscommunication, the overlapping,different agencies competing amongst each other, overlapping duties that make things cost more for private sector.It’s nothing new to me, which is why I didn’t come here alone, which is why I didn’t have this consultation just in my office.
A number of these exporters are well known to the public. We’ve had a national action plan that has worked on agro-exports in particular in 2021.
She promised the exporters and agencies that all their valid points raised will be addressed.
In his remarks, Permanent Secretary, Ministry of Industry, Trade and Investment, Amb Nura Abba Rimi said stakeholders’ consultation engagement is tailored towards strengthening Nigeria’s export sector.
“We should, therefore, listen, learn, and work together to create a dynamic and sustainable export ecosystem that will drive economic growth, create jobs, and improve the livelihoods of our people. I am confident that with your expertise and insight, we can develop actionable strategies that will enable us to navigate the complexities of global trade and achieve our common goal.
Let us work together to refine our policies, strengthen our value chains, and position Nigeria to become a leader in the global export market,” he said.