NEPC Drives Nigeria's Economic Diversification Efforts
Nigeria's economy has long been reliant on crude oil, making it susceptible to global price fluctuations. Under President Bola Tinubu's Renewed Hope Agenda, the Nigerian Export Promotion Council (NEPC) is prioritizing non-oil exports to create a more resilient economy.
NEPC's interventions include supporting women-led businesses, training prospective exporters, and developing agricultural clusters. Established in 1976, NEPC aims to transition Nigeria from exporting raw materials to producing and marketing competitive goods for international markets.
In October 2023, Mrs. Nonye Ayeni was appointed as Executive Director/Chief Executive of NEPC, a critical move to reposition the non-oil export sector. Since 2023, NEPC has conducted 1,983 capacity-building programs with 215,156 participants, reflecting its commitment to economic diversification and job creation.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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