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Export Development Fund Scheme (EDFS)The exporters welcomed the announcement of augmented EDFS under the FGN’s National Economic Sustainabi

HRDC: They have become a mercenary institution Human Rights Defenders Coalition (HRDC) has been caught pants down lying to Malawians and Anti-Corruption Bureau (ACB) on serious allegations levelled against Salima Sugar Company. (SSC). According to Malawi Voice independent investigation and concrete report from the company, HRDC did a half-baked job with ill-motives better known for themselves. This follows a letter, HRDC had written ACB Reyneck Matemba and Malawi Revenue Authority Commissioner General John Biziwick to probe allegations of corruption, money laundering and tax evasion at the ...

The budget is expected to unveil more measures to build India as a hub in the global manufacturing chain and raise exports to increase the country's share in global trade to 5 per cent by 2025 from 1.67 per cent now. The pandemic has provided the Centre an opportunity to attract global manufacturers and make the country a manufacturing hub emerging as an alternative to China. Officials said the budget could have policies on how the country could participate in a big way in the global value chains. The government has announced production-linked incentive schemes for several sectors, but have n...

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 Direct...

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...