Page 7 - Expansion Facility Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Benin, April 9, 2021 The Manufacturers Association of Nigeria (MAN), Edo/Delta Chapter says it will sensitise its members to the need to apply for the Federal Government N50 billion Export Expansion Facility Programme (EEFP). Mr Okwara Udensi, Chairman of the chapter said this in an interview with Naija247news in a phone chatin Benin on Friday. Udensi noted that some members of the association had distrust about the facility due to their inability to access the COVID-19 Survival Fund. “We are planning an interaction with our national body on April 27, to enlighten our members about the Fede...

Taarifa Rwanda Published 47 mins ago 0share Kenya may take long to lift a ban on maize imports from East Africanneighbours following a domestic bumper harvest. Kenya’s Agricultural and Food Authority (AFA) imposed the ban indicating that Kenya would not import the cereal from Tanzania and Uganda for now. “Kenya would not need maize imports until June. There is plenty from North Rift,” said the crops inspector of the agency, Calistus Efukho, adding that maize imports from Tanzania and Uganda would not be considered until June. On March 5 this Agricultural and Food Authority (AFA) banned...

Taarifa Rwanda Published 19 mins ago 0share Rwanda’s weekly coffee export has experienced a very big jump both in volume and revenue according to National Agricultural Export Development Board (NAEB). “Last week we exported a total of366,780Kg of Rwanda Coffee which gained U$1,336,935. In comparison to the previous week, both quantities and revenues increased by 17.8% and 32.8% respectively,” NAEB in its update on Easter Monday. NAEB also says the main countries of destination for Rwanda’s coffee included; Russia, China, Germany and Canada. However, Rwanda Tea has suffered a setback ...

  By Yinka Kolawole The fears that Nigeria might become a dumping ground for manufactured goods, especially with the advent of the African Continental Free Trade Area (AfCFTA), has heightened as Nigeria’s Trade in Goods Statistics show rising deficit in manufactured goods trade. Analysis of the Foreign Trade in Goods Statistics of the National Bureau of Statistics (NBS) from the fourth quarter of 2019 (Q4 2019) to Q4 2020 revealed a steady increase in the value of imported manufactured goods compared to exports in consecutive quarters. Stakeholders in the manufacturing sector are apprehens...

Deji Elumoye in Abuja There are indications that the nation’s sole dependence on crude oil revenue may end in the next 10 years if the current efforts being made by government to improve Nigeria’s non-oil exports can be sustained. The Executive Director/CEO of the Nigerian Export Promotion Council (NEPC), Mr. Segun Awolowo, made this known yesterday while briefing reporters after a closed-door meeting with President Muhammadu Buhari at the State House in Abuja According to him, within the next decade, Nigeria can get $30 billion in terms of non-oil export despite the effect of the c...