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NEPC urges Nigerians to embrace National Trade facilitation Bodies

The Nigeria Export Promotion Council (NEPC) has called on Nigerians to embrace National Trade Facilitation Bodies (NFTBs) to drive the nation’s non-oil exports.

According to NEPC, NTFBs are very vital in trade facilitation, noting that in some developed economies, these bodies have become independent agencies facilitating trade activities across the globe.

The Regional Coordinator, South West, NEPC, Lagos, Mr Samuel Oyeyipo, at a sensitisation workshop on encouraging private sector participation in meetings of National Trade Facilitation Bodies (NTFBs), said the workshop on trade facilitation is aimed at enabling participants’ access to information needed to enable them to appreciate the need to participate in meetings of NFTBs.

Represented by the Director, Office of the Executive Director and Chief Executive Officer, NEPC, Ms Estelle Igwe, he said since the introduction of the single window in 2003, Nigeria is yet to have a national single window.

He stated that the absence of a national single window is inhibiting Nigeria’s ability to maximise its export potential to the world.

In his words: “The NTFP went moribund and because we are not a party to any single window recommendations that is being developed, this IS why we do not have a national single window.”

Also speaking, the Deputy Chairman, All Farmers Association of Nigeria (AFAN), Lagos Chapter, Mr Shakin Agbeyewa, said the workshop is apt and coming at a time when lots of food products are being wasted at the farm gates.

He said the programme would avail participants of the opportunity to understand how vital NTFBs are to boosting cross border transactions while also increasing the nation’s Gross Domestic Product (GDP). (ThisDay)

Felix Oloyede

Felix Oloyede is a Mass Communication graduate with 19 years experience in journalism. He has worked with TheWeek Magazine; Mirror Newspapers; West Africa BusinessNews and BusinessHallmark Newspaper. Oloyede has covered different news beats ranging from crime; arts; politics; commerce and industries to finance and economy. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School.

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