In a bid to propel the Nigerian currency towards stability and growth, the Nigerian Export Promotion Council (NEPC) has announced its highly anticipated 2nd National Conference on non-oil export. Under the theme “Building a Sustainable National Economy through Non-oil Export,” this conference aims to gather key stakeholders from the public and private sectors to explore strategies for enhancing the country’s export capacity.
Scheduled to take place from October 4th to October 5th, 2023 in the nation’s capital, Abuja, the event promises to be a platform for brainstorming innovative solutions to bolster Nigeria’s position in the global export market.
Dr. Ezra Yakusak, the Executive Director of NEPC, emphasizes that the key to halting the depreciation of the Naira against the Dollar lies in strengthening the country’s export capabilities. He asserts that by increasing exports, Nigeria can elevate the value of its currency in the international market.
“The only way for the Naira to regain its stability is through an increase in export activities. When we export, we add value, and this subsequently enhances the weight of our currency,” Dr. Yakusak states confidently.
The upcoming conference is expected to pave the way for intensive discussions on various aspects of non-oil export, such as market access, product development, financing, trade policies, and global partnerships. Industry experts, government officials, exporters, bankers, and other key players will share insights and experiences to collectively outline a roadmap for Nigeria’s non-oil export sector.
This gathering of industry titans seeks to foster collaboration and identify opportunities for growth across diverse sectors, including agriculture, solid minerals, manufacturing, services, and creative industries. By diversifying Nigeria’s export base and reducing its dependence on oil revenues, the country can achieve economic resilience and sustainable development.
Furthermore, the conference will facilitate the exchange of knowledge, best practices, and emerging trends in international trade. Delegates will gain valuable insights into market intelligence, export promotion techniques, packaging and labeling standards, and global demand dynamics. Such knowledge-sharing initiatives can equip Nigerian exporters with the tools and expertise needed to penetrate new markets and maximize their export potential.
By hosting this National Conference on non-oil export, the NEPC demonstrates its commitment to fostering a robust export culture and driving economic advancement for Nigeria. This event is just one of the council’s many initiatives aimed at empowering Nigerian businesses and entrepreneurs to reach new heights in the global marketplace.
In conclusion, the NEPC’s upcoming 2nd National Conference on Non-Oil Export is set to ignite a wave of transformation in Nigeria’s economic landscape. As the country strives to build a sustainable national economy, this conference will serve as a springboard for innovation, collaboration, and strategic planning. By harnessing the power of non-oil exports, Nigeria can fortify its currency, create jobs, and position itself as a key player in the global arena.
