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Home Economy FG Promisess To Address Problems Of Nigerian Exporters
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FG Promisess To Address Problems Of Nigerian Exporters

By
Charles Dafe
-
March 9, 2016
Senator-Udoma-Udo-UdomaThe Federal government has assured Nigerian exporters that it will address impediments affecting their export sector.
The assurance was given by the Minister of Budget and National Planning, Udoma Udo Udoma when members of the Organised Private Sector Exporters Association held a meeting with him at his office and enumerated some unfortunate challenges confronting the Nigerian exporters
In giving assurance that the present administration will address their plights, Udoma said “we understand all issues your association has raised, like difficulties in securing foreign exchange, decline in Nigerian export, inadequate export incentive and export grant. Government is working towards reviewing our economy and business environment, we will soon provide a clear and properly coordinated policies that will increase local production of goods, especially Nigerian exports goods. Importantly, your association as non-oil sector is an economic diversification vital pillar fully required by this administration and must be fully supported”.
 Senator Udoma also explained that the 2016 budget  is structured to have 30% capital allocation for Nigerian infrastructural growth  such are budgetary component aspects that will grow the nation’s economy and promote export.
 Speaking earlier, the Executive Secretary  and leader of the delegation, Jaiyeola Paul Olarenwaju, stated that the  challenges facing his sector has led to drop in Nigerian manufacturing and export, a development that also increased unemployment.
 He also requested for their association be paid export expansion grant backlog and the Central Bank (CBN) should  reverse their stiff policy on forex to manufacturers.
 
Charles Dafe
Director (Information)
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Charles Dafe
Charles Dafe
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PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
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