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NSC To Configure Nigerian Ports For Export

NSC To Configure Nigerian Ports For Export   The Nigerian Shippers’ Council (NSC), has commenced arrangements with other stakeholders to ensure effective configuration of Nigerian seaports for export activities. The seaports have, hitherto, been given little or no consideration for export facilitation, since Nigeria is mainly import-dependent. The...

N13.2bn Spent By FG To Reactivates Export Grant – Udoma

N13.2bn Spent By FG To Reactivates Export Grant - Udoma   The Minister of Budget and National Planning, Senator Udoma Udoma, has said the Federal Government has reactivated the Export Expansion Grant with the sum of N13.2bn to stimulate the exports of locally produced goods. He said...

Nigeria’s Gas, Oil Export Sale Increases By 36%

Nigeria’s Gas, Oil Export Sale Increases By 36%   The Nigerian National Petroleum Corporation on Thursday announced total crude oil and gas export sale of $416.07m for June 2018, which was 35.78 per cent higher than what was recorded in the previous month. Details of the figures...

NEPC Annouces Plans To Review Nigeria’s Export Regulations

NEPC Annouces Plans To Review Nigeria’s Export Regulations The Nigerian Export Promotion Council (NEPC) has announced plans to review Nigeria’s export regulations to drive the nation’s non-oil export. The Executive Director and Chief Executive Officer, NEPC, Olusegun Awolowo, said the move was to ensure export regulations...

Crude Oil: Nigeria’s Export To US May Hit Zero

Crude Oil: Nigeria’s Export To US May Hit Zero The imports of Nigerian crude oil and other West African grades to the United States look set to plunge to nearly zero amid growing shale oil production in the North American country. The US Atlantic Coast imports...

NEPC Aims At $8bn Non-oil Export Revenue In 2019

NEPC Aims At $8bn Non-oil Export Revenue In 2019 The Federal Government through the Nigerian Export Promotion Council says it plans to grow the country’s non-oil export revenue from $1.2bn in 2016 to $8bn next year. The Executive Director/Chief Executive Officer, NEPC, Mr Olusegun Awolowo, gave...