Export Expansion Facility News Today : Breaking News, Live Updates & Top Stories | Vimarsana

*Beneficiaries to receive grant for non-oil exports *Nigeria to leverage ECOWAS TPOs to boost trade volume With the official launch of the Economic Community of West African States (ECOWAS) Trade Promotion Organisations (TPO) Network as part of measures to increase the volume of trade within the region, the Federal Government plans to boost its non-oil exports by leveraging the platform. The Executive Director /CEO of the Nigerian Export Promotion Council, NEPC, Segun Awolowo, who is also the inaugural president of the ECOWAS TPOs, said the government is repositioning the nation’s export t...

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...

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...