Nigeria’s $23.5m Sheep, Goat Leather Export Potential Untapped - NEPC Export of prepared sheep/lamb and goat leathers has the potential of attracting about $23.5 million into Nigeria in the next two years. Information from the Nigeria Export Promotion Council (NEPC) showed that Nigerian exporters can make...

Reform Import, Export, Transit Regulatory Procedures, Customs Agents Urge FG   Following Nigeria’s poor showing in the trading across borders on Ease of Doing Business ranking by the World Bank, Customs agents in the country have called on the federal government to urgently address the challenges...

BoI To Drive Import Substitution With Leather Manufacturing Scheme To improve capacity of operators in the leather products manufacturing sector and intensify import substitution, especially those in Aba cluster, the Bank of Industry (BoI), has unveiled the Aba Finished Leather Goods Cluster Financing programme, targeted...

Sugar Import: FG Seeks To Reduce N183bn Bill The Federal Government is seeking more private sector investments in the sugar industry to reduce the huge amount being spent by Nigerians on the importation of the product. The Executive Secretary, National Sugar Development Council, Dr Latif Busari,...

Nigeria Spent N26m Importing Toothpick From China, Germany   Nigeria spent N26 million importing wooden toothpicks from China and Germany in the last three years. This is despite the inclusion of toothpicks on the dollar access prohibition list by the Federal Government within the same period. The government...

Nigeria’s Energy Import Hits N861.67bn In Q1 - NBS   The Nigeria’s oil, gas, solid minerals and energy sectors recorded over N861.67 billion worth of products importation during the first quarter of 2018, according to the latest foreign trade statistics from the National Bureau of Statistics.The...