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SMEs hold the keys to transforming the economy

VICE-PRESIDENT Yemi Osinbajo’s recent move to energise small and medium enterprises as the pivot of economic growth raises both hope and some scept.

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Export expansion facility to execute 16 programmes under five workstreams ― Awolowo

Share The Secretary of the just inaugurated Steering Committee on the implementation of the N50 billion Export Expansion Facility Programmes (EEFP), Mr. Segun Awolowo has disclosed that the EEFP is to execute 16 programmes under it’s workstreams. Awolowo who commended the Federal Government’s effort in ensuring economic recovery and sustainability observed that the devastating effects of the COVID-19 pandemic on exporting businesses might be further exacerbated with the official takeoff of the African Continental Free Trade Area (AfCFTA). Speaking at the weekend in Abuja, Executive Director of Nigerian Export Promotion Council (NEPC) explained that the “EEFP will execute 16 programmes as approved in the implementation work plan under five workstreams namely – capacity building, financing, market development, infrastructure and institutional strengthening.”

Abuja federal capital territoryIbrahim maguMuhammadu buhariJoe itahSegun awolowoIya mariaFinancial crimes commissionLaws of the federationNigerian railway corporationSteering committeeNational economic sustainability planNigerian export promotion councilMan steering committeeExpansion facility programmeDevelopment fundAdjustment scheme fund

FG inaugurates Steering C ttee to implement N50bn EEFP

FG inaugurates Steering C’ttee to implement N50bn EEFP On By Gabriel Olawale Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, yesterday, inaugurated an 11-man Steering Committee for the implementation of the Export Expansion Facility Programme, EEFP, under the National Economic Sustainability Plan. The EEFP aims to protect export businesses from the effects of Coronavirus, COVID-19, pandemic, safeguard jobs and de-risk the economy from shocks like pandemic. Its primary goal is to increase Nigeria’s export capacity in the near term and its export volumes in the medium term. The Federal Government will spend an estimated N2.3 trillion to fund the National Economic Sustainability Plan, but the N50 billion Export Expansion Facility programme would focus on driving economic growth through exports.

Jigawa stateOlusegun awolowoOtunba niyi adebayoAdeniyi adebayoGabriel olawaleMohammed abubakarExpansion facility programmeSteering committeeNational economic sustainability planDevelopment fundAdjustment scheme fundCommittee on export promotionNigerian export promotion councilKindly share this storyExport expansion facility programmeNational economic sustainability

Committee on N50bn export facility inaugurated in Abuja

Committee on N50bn export facility inaugurated in Abuja
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Abuja federal capital territoryOlusegun awolowoOtunba niyi adebayoJoe itahFelix khanobaExpansion facility programmeLaws of the federationCorporate communicationsNational economic sustainability planNigerian export promotion councilFederal governmentExport expansion facility programmeMedium entrepreneursExecutive directorAfrican continental free trade areaExport incentives

FG Inaugurates Committee to Implement N50bn Export Facility

FG Inaugurates Committee to Implement N50bn Export Facility
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Mansur ahmedOlusegun awolowoNiyi adebayoJames emejoNnamdi okonkwoJoe itahAdeniyi adebayoLaws of the federationFidelity bank plcNational economic sustainability planNigerian export promotion councilManufacturers association of nigeriaExpansion facility programmeCorporate communicationsAdjustment scheme fundDevelopment fund