Fed Govt Disburses N195bn Export Grant To 270 Exporters
The Debt Management Office (DMO) has said that a total of N195 billion has been disbursed to 270 exporters under the Export Expansion Grant (EEG) programme of the federal government.
However, the figure is lower than the...
Manufacturers’ Unpaid Export Grants Hit N1.29trn
The Federal government owes exporters N1.29trn in outstanding export expansion grant for three years.
The Manufacturers Association of Nigeria Export Promotion Group made this known on Thursday during the third Annual General Meeting of the group.
Speaking on the sidelines of...
Following the inability of Federal Government to revive incentives for non-oil exporters, proceeds from the sector has continued to witness a southward trend, as the nation’s earnings hit $1.6 billion from $3 billion recorded in 2013.
According to stakeholders in the sector, earnings from non-oil...